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Happy Labour Day to people who are not landlords.
(lemmy.world)
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this post was submitted on 04 Sep 2023
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One thing I’ve learned on reddit is that you never tell people on platforms like that or even this one that you’re a landlord. You could be the best landlord, never raise a reasonable rent, keep a well and promptly maintained property, and LanDlOrDs aRe The ScUm of ThE Earth!!1! is all you hear.
Why would someone become a landlord in the first place? You're not born with a title deed in your hand, and if you were given income property by a family member, you're still profiting off of the hard work of others. The only reason someone would choose to go out of their way to invest in rental properties is because they see an easier way of making money than having to go out and work for it like an honest person. "Mom and Pop landlords" aren't a thing. If you have the funds to buy an entire second property, you aren't just a "mom and pop", youre in the 1%.
Why do anything and sell for a profit then? And owning rental properties is work. A lot of work. And you're wrong about the 1% thing
Yeah but see if you stock the grocery store shelves, you're profiting off the hard work of the people who actually made the food...so you're scum!
Is it really a lot of work? I've rented for about 10 years of my life, and I've only seen maintenance get done maybe 4 times. The work was just hired out (probably the cheapest they could find). I've had to do all the rest of the work that needed done myself.