Is Landlording Worth Reading For Real Estate Beginners?

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As soon as I graduated from university, I suggested to my three roommates that we should rent a place together. The place I found was near our workplace, and it was cheap as well. It was much better than the house they used to rent in the suburbs. During the first three months of renting the place together, everything seemed fine. One day, I got off work early and heard them talking in the living room. "I did some research online. The rent of the houses in this area is at least 2 grand a month. But ours is only 800 dollars a month. How about we rent the master bedroom out for 800 dollars? That way, we won't have to pay any rent." "Alright, I'm in! Why does Jessica always get to sleep in the master bedroom? Even if she covered all the bills of this house, how much would that cost anyway?" "I've had it with her arrogant attitude. Thinking of her being homeless makes me want to laugh!" I laughed inwardly. 'You want to see me homeless? But I'm the landlord!'

My sister-in-law keeps calling me a deadbeat, swearing I just drift around in slides with an iced drink glued to my hand. She's always stirring things up at home, running her mouth about me to my wife day after day. What she doesn't get is that this is just how landlords in Galanor roll.

"I've transferred the three hundred-dollar rent to you. Thanks, Samuel." A contact named Misty has sent my husband, Samuel Tucker, a message on WhatsApp. I snatch his phone immediately, only to be stunned by what I see. "Rent? Samuel, you told me that this is the income you earn from your part-time job!" Samuel's expression freezes on his face. Then, he tries to snatch his phone back. "Darling, my brother has already passed away. It's difficult for Misty to raise two children on her own…" As I caress my tiny baby bump with a hand, I feel my heart sinking at his words. "Which residence is this rent for?" Samuel parts his lips hesitantly. A long time later, he finally tells me the residential area's name. I'm completely flabbergasted at that point. The luxurious apartment sitting in that particular area is an asset that my deceased parents have left for me. Also, the rent there is worth 10,000 dollars. Yet, Samuel has rented it out to my widowed sister-in-law, Misty Patterson, and her children for only 300 dollars!

After three years of renting, the landlord kept raising the rent, so I decided not to renew the lease. I hired cleaners to thoroughly clean the entire place, inside and out. There was not a single scratch on the furniture or appliances. I figured the landlord would not return the deposit easily, but I never imagined she would come out swinging with such outrageous demands. “This dining table cost me 25,000 dollars! You got it dirty, and we can’t clean it. You owe me 25,000! “How did this living room lamp get so dusty? Don’t you know how to clean as a girl? We’ll have to deduct 1,500 from your deposit! “There are hooks on the wall. You damaged my walls! 2,000 for that! “This mattress... Hmph. You live-streamers probably brought home who knows how many men. This one’s ruined anyway. There goes 15,000! “Why are there strands of hair in the bathroom? How am I supposed to rent this out to the next tenant? Five hundred for cleaning fees!” She tapped away at her calculator, then thrust it in my face. “You’ve lived here for three years. I’ll give you a friend’s discount. I won’t charge extra for the other damages. Pay me 50,000 dollars, and we’ll call it even! “Otherwise, I’ll expose you online and make you lose followers!” I glanced at the live stream that had 50,000 viewers at the time. When I looked up again, my face was only a mask of smiles. “Ms. Lane, let me think about it. I’ll give you an answer in two days.”

In my last life, a girl named Sophie came to see the house right around graduation season. She said she'd just landed a job with low pay and begged me for a cheaper rate. I felt sorry for her and dropped the rent from eight hundred to four hundred a month. I even let her pay month to month instead of months upfront and only charged half the deposit. Three months in, I went to collect rent. She hid inside and wouldn't open the door. That same night, I came across a video she'd posted online. The footage showed me standing at her door, knocking. The caption read: "Heartless landlord jacks up rent to drive out a fresh graduate. Eight hundred a month, and she just raised it on a whim." I called her, furious. "I cut your rent in half! Why are you lying and saying I raised it?" She sneered. "You're the rich landlord. I'm just a poor student. People will believe whatever I say." "Pay me thirty thousand in emotional damages, and I'll take the video down. Otherwise, I'll make sure you never rent this place out again." The video went viral overnight. My phone number and home address were dug up and posted everywhere. Strangers called day and night to curse me out. The house sat empty for six months. I lost thousands of dollars. The stress was so severe I hemorrhaged, miscarried, and ended up in the hospital. When I opened my eyes again, I was back on the afternoon Sophie first came to see the house. Ha. Everyone believes you, huh? This time, you won't get a single dollar off the rent. And you're going to pay for everything.