- cross-posted to:
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- cross-posted to:
- [email protected]
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TIPPING landlords? Is that a thing?
I hope not.
“Please take this extra money, sir, I don’t feel cucked enough by the housing market.”
People give tips to other who do nothing outside their job, oh you made the coffee i ordered and hand it to me sure have $5, thanks for handing the pizza i ordered over the counter have $10, payed for my groceries that i picked out myself and paid via self checkout sure have a 25% tip.
Why not tip someone who ensures where you live, where you children live, where all your precious posesstions are kept is safe, secure, and supported? Seems like you don’t actually care about the money, just want to have someone to shit on and feel mighter than them… (Kidding im a landlord and id call someone nuts for tipping me)
Edit: Apparently everyone is missing the massive /S
It’s rage bait, relax
It’s right in the name. Lord. they want to exert ownership over someones living situation. i wouldn’t be surprised in the next 10-50 years they study the mental aspects of what drives a person to want to be in power over others. probably a genetic trait that’s dispositioned in psychotic behavior,like ruling over a another person who couldn’t buy the house they live in because the lord bought all the land.
Yes, it’s a lordship.
This is peasent thinking, not lord thinking. This is while you won’t rise up the ranks.
The landleech bootlicking in the comment section is real
Fuck that guy.
Who the fuck tips a landlord?
The same people that tip in restaurants I assume
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.
But why can’t he pull himself up by his bootstraps?
Rentfoids vs landchads
TLD
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?
rent increased by 50% for not tipping
“Let’s Tip the Landlord” -
DeadAlive Kennedysbased landchad evictionpilling the cringe rentoid
Stop blaming small landlords with a few properties, bc we all should be able to have a few eventually if ya luck and work.
Blame corporations that keep on buying everything in order to make us live in rented land forever. Fucking hell it’s like the Chinese.
Edit:Fucking dumbasses look into BlackRock for example
You believe the supply problem is because there isn’t enough housing for everybody to own multiple homes?
ITT: people forgetting what sub they’re on
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.
But, like, no one has to be a landlord. If it’s so hard, sell the fucking house.
You do as you’re told. You study hard, you go into student debt, you get a job, you make your debt payments, you live frugally and somehow end up with a few bucks extra in your bank account every month. After a few years you’ve got yourself some money set aside. What do you do with that money in order to get out from under the boot off the system? Here are your options.
- Invest in the stock market. You know, the rigged casino that cheats you if there’s any chance for you to make a profit. It’s all a game of musical chairs and someone is gonna left holding the bag. Will it be you?
- Buy a fixer-upper, work hard, make enough on rent to basically cover the mortgage, taxes, and maybe most of the maintenance, all in the hope that you can sell it at a profit before prices crash. It’s all a game of musical chairs and someone is gonna left holding the bag. Will it be you?
- Crypto! It’s all a game of musical chairs and someone is gonna left holding the bag. Will it be you?
- Literally buy lottery tickets.
- Stick your money in an interest bearing account and watch it lose value daily because nothing ever keeps up with inflation.
At least when you buy and fix a wreck there is some sense of agency. It feels like you can do something about it. We are told to do our part, be responsible, play our part and we will be rewarded, but it’s a lie. It’s been a lie since Reagan was elected and it got way worse under every administration since. They love it when we get at each other’s throat like this because it’s what stops us from setting fire to the whole thing.
PS: Person buys home to rent with the dream of actually owning something tangible. Person nets 2% if they’re lucky but they are happy because at least they aren’t losing. Everyone on the Internet hates them. If the same person buys shares in a real estate fund that’s literally making people homeless, buying trailer parks and evicting everyone, etc., they will make as much as 20% return yet nobody here bats an eye. That’s the poison right there. The disconnect and how they keep us down. Why own anything and be a decent human being when I can long into this app, give it my money and not have to worry about who my money hurts?
I don’t have a problem with the players necessarily, just the game.
I’m lazy so I invest because I don’t want to deal with being a landlord. Anyone who chooses to be a landlord deserves no sympathy. They chose to be a landlord instead of investing. You can get easy R.E. exposure by just being R.E.I.T.s so any extra work is your problem. On top of that landlords expect extra respect for something that REITs do. It’s all the same game so all should be looked down upon.
Wanting to play as a boot when the game rewards playing the boot is ok so long as you advocate against the boot. But a lot of these people glorify the boot and try to become one sooo bad and for that, all of them can have the death penalty on them.
In short, want real estate? REITs, do you want to become a boot? Invest. But most importantly of all, be a boot abolitionist. If you’re a boot defender then you rightfully get criticism.
I think your saying doing something physical is better than through an app. It makes no difference. It’s all the same. But I do agree more awareness needs to be had with REITs. The solution is to go easy on landlords but rather to go hard on REITs.
Spoken like a lazy pos
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.
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.
Nah man. The dude was a saint. It takes a special kind of selflessness to do something like that.
This is me.
Bought a nearly 100 year old house earlier this year, 1.5 hours away from where I live. I work full time.
I’ve spent nearly every weekend and ALL of my free cash (plus credit that I’ll likely be paying off for a few years) to replace the sewer lines, insulate the crawlspace and basement, replace the roof, replace the siding, replace the leaking windows, update the electrical, update the plumbing, replace old appliances, replace corroded cabinet hardware, seal holes around the house from rodents, paint the walls, ceiling, and cabinetry inside the house, remove and clean up a dilapidated wood shed, empty an incredible amount of rotten and corroded junk from the basement, CLEAN the basement, replace the broken door to the basement, fill in and repair cracked and broken concrete, replace the rotten hot tub, and ongoing efforts to prevent water from flooding the basement every time it rains.
And I’m not finished. Not even close. There is so much to be done to make this place work and make sure it stays in good condition for years to come.
The initial priority was pest control, deep cleaning, painting, and furnishing. Once that was done the place was listed on AirBnB. It’s helped to offset the costs, but will take decades to break even. After utilities, taxes, supplies, and expenses for cleaning between guests I’m pulling in maybe a couple hundred dollars a month. But it helps.
AirBnB is also a big part of the problem. If you want to rent your fully furnished apartment for $1300 (net to you), by the time AirBnB is done with fees to you and the tenant, the tenant is being charged $2200. It’s obscene. AirBnB and VRBO were originally meant to help homeowners offset there cost of their homes by renting a room or the entire place while they were away. Now they are these monstrosities that do nothing but syphon money from homeowners and tenants.
I’m glad you’re fixing up the place and keeping it off the hands of investment funds. Once it’s fixed up, if possible, I’d recommend renting it directly to a tenant for a bit under market rate. Management companies tend to price gouge tenants (and owners), and they con you into raising rent every year. They don’t care if the tenant can’t afford it or if the place stays empty for months. If you can find a tenant that is decent and years your property well, stick with them, even if you make less than maximum on a monthly basis by charging less than market. Pass the savings of not having a middle man to your tenant and everyone (except there middle man) wins.
renting a room or the entire place while they were away
We need solid legislation getting us back to this. It’s a great idea, but now it’s abused to hell and back.
OTOH, are people leaving AirBnB in droves?
We are actually fixing it up for family to live in. We have overseas relatives who visit for 6 months a year. When they are not here, we might use it for ourselves as well - but more likely we will rent to traveling nurses.
I’m not interested in being a long term landlord. I’ve lived with enough self-entitled roommates to want to never have to be on the other side of that relationship as a landlord.
Why AirBnB and not the usual lease agreement?
> Spends loads of time and money on fixing up an old house
> Rents it out to offset costs
> Gets downvoted for being a landlord> Spends money buying microshares of a ruthless real estate fund on Robinhood
> Gets upvoted for gaming the system
Don’t make your problems everyone else’s.
You can just buy a REIT.
Imagine the contractor that works for a REIT. Should they get full rent because they broke their the same way as you? Or hourly, just like my roommate?
You get the rent because you’re a landlord, not because you work hard.
If working hard on a property, instead of owning it, meant getting all of the high rents then the REITs’ contractor should be collecting rents instead of the REITs but that obviously doesn’t happen.
Don’t defend landlording. Oppose it, you can still be one, but just oppose it.
Would you make the same if you sank all of your money in investments and work a second job as a contractor? Same story but different results?
If you had long term tenants and but they owned the property but contracted you? You would still work hard and be compensated for the work isn’t that enough? If the work the justification for your rental income then why not just be a contractor instead of an owner? And better yet leave the owning part to the people who live there.
