• Jo Miran@lemmy.ml
    334·
    1 year ago

    Being mad at an independent landlord is like being mad at the dog shit you just stepped on instead of the motherfucker that didn’t pickup after his dog.

    Many independent landlords are people who decided to take her everything they had on a derelict home that nobody was going to buy, fix it up, and make it available. These are people that dream to get out from under the boot and are willing to bet it all for a chance. A landlord with one or two rentals are probably struggling to keep their head above water and almost for sure have a full time job as well as the maintenance of the rental, and probably the fixing up of another.

    This is how the system is rigged. If you want to mortgage a house, you need to have a lot of money down, steady income, and a good credit score. Mortgaging a fully remodeled house in order to rent it doesn’t work because you’ll never be able to rent it for that much. Mortgaging an ugly house to rent doesn’t work most of the time because you need to remodel it “nice” and you need to find a tenant willing to pay a premium for a pig wearing lipstick. Most times, even when the house is done up, the neighborhood isn’t. Next up, if you want to mortgage a derelict house that you plan to bring back from the dead, wether to rent or live in, YOU CAN’T. The only way to buy those homes is cash. In other words, neither homebuyers nor wannabe landlords have access to the only homes that might provide a good value. Wanna guess who can? Investment funds. They are the ones raping renters, not the poor schmuck that’s trying to play the game the way they were told it was supposed to work. That schmuck is fucked, they just don’t know it.

    My wife and I owe the current life we lead in great part to a lady that decided to rent her duplex to two college students for $275 twenty years ago. She died and her daughter sold all the houses the lady owned (she owned the entire street in that ghetto) to a fund. Each duplex (meaning, half a house) now goes for $1200 (still a ghetto) and now requires a credit check and two months deposit.

    Get mad at the rigged system, not at the other suckers stuck in it. Don’t be a crab in the bucket.

    EDIT: There are good independent landlords and there are bad ones. There is no such thing as a good real estate investment funds.

    • tetris11@lemmy.ml
      9·
      1 year ago

      My landlord is a farmer. He’s out on the fields everyday. Comes to fix our boiler with his hands covered in fresh chicken shit. The rent is expensive, but it could be much worse considering.

      • no banana@lemmy.worldOP
        3·
        1 year ago

        My landlord was a single mother and she provided for me for years before becoming my landlord. She had me paying rent since I was 7 and that’s when I learned to appreciate landlords.

    • MonkRome@lemmy.worldEnglish
      1·
      1 year ago

      I knew this guy years ago that bought up basically free property during the housing crisis. Houses were so undesirable in Detroit at the peak of the housing crisis, you could buy a house for $100, as they were considered a liability. His goal was to fix them up himself and then provide them to the community as extremely low rent residences, if anyone wanted to buy them after they were fixed up he would give priority to his renters at slightly above cost (cost of materials) as a rent to own system (not one of the scummy ones but a real system in their favor). He had no intention of making money, he just believed it was the right thing to do. Dude was just a good person through and through.

  • RaoulDook@lemmy.worldEnglish
    24·
    1 year ago

    “I am not tipping” - what the fuck? Does anybody actually add a tip to their rent payments?

  • dangblingus@lemmy.world
    74·
    1 year ago

    Hahaha the only one to blame for your bad pay is yourself, my guy. You could try getting a real job if being a landlord isn’t the gig you thought it would be.

  • Thief_of_Crows@sh.itjust.works
    1·
    1 year ago

    Why is he carrying a rock labelled hard work? Is that what he calls your rent check or something? I work hard, my land lord does not. That’s literally the entire relationship.

  • EmperorHenry@discuss.tchncs.de
    11·
    1 year ago

    Landlords don’t work hard, they don’t sacrifice anything, they don’t shed blood or tears doing what they do, they don’t have any sleepless nights when they’re not snorting coke and they don’t have any kindness or love.

    And I’m not going to tip my landlord. I hate tipping. Why am I considered an asshole for not tipping when their boss won’t give them a living wage?