Landlords aren’t always the best people.
I’m sure we’ve all heard hundreds of stories about landlords taking advantage of their tenants in order to make a quick buck. And, while I have nothing against making more money, doing so at the expense of someone else is not the way to go. However, many landlords are unconcerned about this minor detail and will continue to raise rents even when the economy is in shambles. However, I would like to point out that generalising is never a good thing, and not every landlord is like this. That is the type of story we will be reading.
You see, just because you own a house doesn’t mean you’re an a**hole. However, it may appear as bad behaviour if you like or keep something from your tenants. I’m not saying a landlord has to tell their tenant everything, but they should know you own the house atleast. That is exactly what this person did not do, which irritated the tenant. Simply put, there is a reason why this tenant is dissatisfied with the new development.
You can check it out for yourself by scrolling down.
The title seems very simple but the story does have some nuance.
This guy bought the house from his parents at a lower rate than the market one.
And he has been paying the mortgage for quite a while for the house.
Since the house has a basement, he decided to rent it out to someone.
His friend introduced him to his brother who readily accepted the deal.
However, the tenant apparently didn’t know OP was the landlord.
The teacher felt lied to and was very pissed at the whole debacle.
Most of OP’s friends say that he is the one in the wrong.
But rather than ending the story there, OP did add a few more tidbits.
It is clear that he didn’t hide this information deliberately.
It isn’t as if OP doesn’t have to pay quite a high amount for maintenance of the house.
Maybe I’m missing something, but I don’t get it. I understand that he did not inform the tenant that the house was his, but mortgage payments have nothing to do with rent. It’s his house, and what he does with the payments is entirely up to him. Don’t get me wrong, I’d be annoyed if I was lied to, but this isn’t as big a deal as this person makes it out to be. However, I could be missing something.
I would be shocked too but this is absurd.
What OP does with the rent is his own business.
This commenter has it right.
What are your thoughts on the subject? Do you think OP should have informed his tenant that he was the landlord sooner? Or do you believe the tenant is making a big deal out of nothing? What would you do if you were in this situation? Please let us know in the comments section below. Don’t forget to share this story with your friends so they can participate in the discussion as well.