Real Music & Real Estate . . .

Yiddishe Cup’s bandleader, Bert Stratton, is Klezmer Guy.
 

He knows about the band biz and – check this out – the real estate biz too. So maybe he’s really Klezmer Landlord.
 

You may not care about the real estate biz. Hey, you may not care about the band biz.  (See you.)
 

This is a blog with a gamy twist. It features tenants with snakes and skunks, and musicians with smoked fish in their pockets.
 

Stratton is an occasional contributor to the New York Times, the Times of Israel, the Cleveland Plain Dealer and City Journal. He won two Hopwood Awards.


 
 

DIE IN THIS BUILDING

When you have a dead body in the real estate biz, go in with the cops. The tip-off is the smell. One time a tenant died without heirs, and the tenant’s estate lawyer practically begged me to take a few months’ extra rent. It was free money. But that’s the exception. Usually there is no money involved. In fact there’s often a loss — hauling stuff away.

I once put an ad on Craigslist captioned “50-year lease available. Die here.”  Craigslist spiked that one pronto. My point was the building had three residents who liked living there so much they had each clocked more than 50 years on site.

Reality: a third of tenants move out in a year, a third stay 2 years, and a third stay 3-to-8 years — and a minuscule fraction stay longer than that. Doesn’t matter what you do.

50 years of stuff

Hauling stuff away

A version of this first appeared on this blog 6/25/09.

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1 comment

1 David Rowe { 04.03.17 at 11:19 am }

Dead tenants; they at least probably don’t make much noise.

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