Engaging in real-estate/house rentals brings you into contact with a lot of friction from all sorts of people with their own agendas. This will wear you down until you get to a point where being passive and acquiescing to their terms starts to be a tempting solution.
But to substitute low-grade friction in the place of necessary decisive action may feel good at first, but it costs you so much peace of mind in the long run.
I was lucky enough to work with a very good property manager who has decades of experience in the industry. During one particularly difficult stretch, with extremely problematic state housing officials, he gave me a piece of advice I have carried ever since:
“Life is only as good as the things you put up with.”
Now, I’ll be honest with you, putting this mindset into practice is every bit as stressful – as it is profoundly beneficial for your long term emotional and mental health outcomes.
I’m always thankful for my property manager’s advice and I buy him a gift every year on his birthday even though it’s been years since we’ve last worked together (I have exited out of that extremely difficult business).
His advice remains as one of the few most robust pieces of wisdom applicable across life domains.
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