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  • Stickies & Evergreen

    Anxiety or depression in property or landlordism

    Hi HRPOWER,

    This is an interesting thread. I guess I feel that if one is prone to depression and anxiety that it will inevitably have some impact on whatever you are doing and the best way forward is to be self-aware and try to find coping strategies, whether it's therapy, exercise, some other kind of hobby that takes you out of yourself (seeing a great film/exhibition works well for me), medication, the support of friends, partners etc. Depends on one's own personality and how severe it is.

    My personal experience was that I always found it immensely stressful trying to handle bouts of depression in a full-time job and perhaps needing to hide it from unsympathetic bosses. So I have loved just not having a boss! Works wonders!

    Brief experience of being a landlord and, separately, running a holiday let. Didn't have any problems with the first, but it was only one; the other a bit more demanding and sometimes stressful dealing with a review if the guest had been very demanding and then their review was a bit 'meh'. But nothing like the stress of working in some offices, worries about being in on time, being 'on' in general, constant company, sometimes from people you don't like, office politics etc etc. Of course I was very small scale, which makes a difference. I guess in any self-employed business the worries are potentially long hours and financial threats.

    I prefer refurbs and dealing with builders I find stressful, but at the same time it's very exciting and being very busy and engaged can sometimes be a defence against depression. The thing you have to watch then is stress. I will have to be a landlord again going forward but hope I shall be able to afford for someone else to manage. Would feel stressed if a tenant trashed the place, or who wouldn't leave.

    Seems the best one can do is mitigate against it, know who you are, what is bad for you, what is good for you, all from experience, and to try to ensure you don't let yourself get out on a limb financially. Easier said than done!

    I agree with Vanessa in that my cats are a great solace. Probably any pets. Just think it is crucial to know yourself and make time to do other things you enjoy.

    All the best, Babooshka


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    I think being a landlord can be very stressful and lonely even when others in your family are surrounding you

    Only Landlords really understand other Landlords

    Walking into an empty flat when a Tenant who you thought was fine has done a moonlight flit

    Or when the Police contact you because they have broken into to a property you own because its been used for drugs

    Or when you call a tenant about non payment of rent and the phone number is no longer available

    all of the above has great stress and in general you are on your own

    This is the reality of being a Landlord its not the nice side but its a side we have to deal with ????

    I will be surprised of a great number of landlords have had sleepless nights over S24 I know I have and its bloody stressful

    I can cope no problem with the every day landlord stuff but when you know the Govt has it in for you that is awful

    One day we will read of a Landlord who has killed themselves over the Govt Policy Its only a matter of time

    Landlords will feel trapped and no way out how tragic is that and all because of a govt who will not listen to Landlords


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    Learn Change and Adapt ?????