Renting To Lawyers, any experiences?
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Anonymous
| BUMP going through this right now. |
Anonymous
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OP rent to the embassies or to the military like the McLean sh*tshacks do. They get top dollar, and the places have not been touched in decades. GL. |
Anonymous
| No do not do it. |
Anonymous
Heh. There is at least one jurisdiction in metro DC where it is illegal to discriminate on the basis of occupation. I'll leave it up to you to figure out which one. |
Anonymous
Soooo not true. Lawyers k ow that being a party to litigation is a friggin nightmare to be avoided at all costs. Good thing about lawyers is they know they should follow the lease. I have sooo many friends who feel entitle not to pay the last months rent because they think that is what the security deposit is for. Or they think they can just break the lease and actually expect to get security deposit back even if there is no tenant. |
Anonymous
| anybody have experience first hand with both GOOD and BAD? |
Anonymous
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My sister rented her house to a pair of lawyers for a one-year lease. They were the pickiest tenants ever. They called about every little thing - like there's a spot on the ceiling, please come fix it. They made a stink about a security alarm that was in the house but not activated. (My sister bought the house with the alarm and they never used it.) The tenants wanted my sister to pay for it to be hooked up and to pay the monthly fee. They were big pains in the butt. Only good thing was they kept the house nice.
I rented out my house last year and avoided all the lawyer and law school applicants. Got a nice tenant in IT. |
Anonymous
| Speaking from experience in DC, avoid renting to lawyers or law students... |
Anonymous
| Based on listening to the issues that my lawyer co-workers raise with their landlords (every little issue; threatening litigation, etc.) I would stay very very away. |
Anonymous
| DO NOT DO IT. STEP AWAY FROM THE THIRD RAIL! |
Anonymous
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Lawyers are people. Some are great, some suck.
I'd be aware that if you do something shady or illegal as a landlord, they will probably be knowledgeable and more equipped to call you on it than a non-lawyer. So there's that. But generally, lawyers are rule followers and risk averse. |
Anonymous
+1 In 13 years, we've rented 2 properties to 5 lawyers. Not one has given us a hassle. Be a good landlord, and i find you usually get good tenants. For the person bumping this thread, you might want to beware of the vibe you're sending. There were many places I wouldn't rent because the landlord seemed sketchy. |
Anonymous
| I have three condos in Arlington and mostly rent to lawyers. Only one was a problem and that was because he travelled all the time and sometimes his rent was late He automatically added the late fee on all of his rental payments. $50 more per month -- thank you very much. |
Anonymous
| If I had two great applicants and one was a lawyer and one was not, I would pick the one that was not a lawyer. |
Anonymous
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Most lawyers are risk averse, rule abiding nerds who will follow the terms of the lease and be careful not to mess up the property.
Most also know that being a party to litigation is a pain and that it is not a good idea to have a record that makes you look litigious. It is fine to rent to them. |