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10 Worst Cities to Be a Landlord 

 

Being a landlord can be a challenging job, but some cities make it even more difficult. From high vacancy rates to strict regulations, here are the 10 worst cities to be a landlord. 

  1. San Francisco, CA – San Francisco has some of the strictest rent control laws in the country, making it difficult for landlords to make a profit. In addition, the city has high property taxes and expensive maintenance costs. 
  1. New York City, NY – New York City has one of the highest cost-of-living rates in the country, and landlords are often forced to charge high rents to cover their expenses. Additionally, the city has strict rent control laws, making it difficult for landlords to raise rents. 
  1. Los Angeles, CA – Los Angeles has a high vacancy rate, which means landlords may struggle to find tenants. The city also has rent control laws that limit how much landlords can charge for rent. 
  1. Washington D.C. – Washington D.C. has a high vacancy rate and high property taxes, which can make it difficult for landlords to make a profit. In addition, the city has strict rent control laws that limit how much landlords can charge for rent. 
  1. Seattle, WA – Seattle has some of the highest property taxes in the country, which can make it difficult for landlords to make a profit. Additionally, the city has strict rent control laws that limit how much landlords can charge for rent. 
  1. Boston, MA – Boston has high property values and high property taxes, making it difficult for landlords to make a profit. In addition, the city has strict rent control laws that limit how much landlords can charge for rent. 
  1. Philadelphia, PA – Philadelphia has a high vacancy rate, which means landlords may struggle to find tenants. The city also has rent control laws that limit how much landlords can charge for rent. 
  1. Portland, OR – Portland has high property taxes and high maintenance costs, making it difficult for landlords to make a profit. Additionally, the city has strict rent control laws that limit how much landlords can charge for rent. 
  1. Chicago, IL – Chicago has a high vacancy rate, which means landlords may struggle to find tenants. The city also has rent control laws that limit how much landlords can charge for rent. 
  1. Denver, CO – Denver has high property taxes and high maintenance costs, making it difficult for landlords to make a profit. Additionally, the city has strict rent control laws that limit how much landlords can charge for rent. 

Being a landlord is never easy, but these 10 cities make it especially challenging. From high property taxes to strict rent control laws, landlords in these cities will have their work cut out for them. If you’re considering becoming a landlord, be sure to research the local laws and market conditions in your area to ensure that you’re making a sound investment. 

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