Do you have some special access to my internet history?
Landlords don't add any value. They just squat on natural resources and extract wealth from people that work for a living.
You're pretty funny. Not a property owner I take it?
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I like where you've gone from supporting protesting to supporting people stealing stuff if someone goes to a courthouse.
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The same can be said for people that don't pay their rent as well.
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member 1013
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Member when I clawed my way up as a lowly construction worker by leveraging my business into a high stakes loan and then built housing with my own two hands and then I rented it all as subsidized housing? Member when I still put 40-60 hours into that on top of my actual career? Good thing I don’t work or add any value.
Lazy bastard.
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It’s my landlord lifestyle
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Golan = Syria
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It’s my last night so I’m going hard.
here, 28 people dead and that number hasnt grown for at least three or four months. But we dont have the most important election in history ahead of us. Democrats are doing with you what they want and you are taking it like bitches. Fight back ffs
Land lords are the fucking worst.
Obviously.
I won't rent out property because it's too much fucking work.
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I keep trying to convert my liquid holdings into magical real estate where I just pull money out of nowhere like zeph taught me.
So I took $20,000 and I bought $100,000 property. There were $4,000 worth of closing costs and survey etc.
So now I'm $24,000 dollars into this thing.
Rental rate in this area for that house is $900 bucks.
After mortgage servicing, and 8% vacancy, and 5% capital expenditures, and property taxes, and insurance, And another 5% for repairs, And even ignoring the 10% for property management (is that work
@Zeph????) Because I'm doing it myself but maybe I should still put it in because it's work being done? I find that I have $120 a month left over.$24,000 in to result in to gain $120 a month.
What service is provided to a person renting? They don't worry about the roof, the foundation, nothing. A simple phone call solves all problems for a known and fixed budgetable quantity. It is the removal of risk being paid for a few percent over the actual ownership cost.
What is the exit plan for a property such as this? You have a known penalty of 6%, the moment you want to exit it. If you own this property, the known gain above is eaten to zero if you exit the property inside of 5.5 years. The renter simply gives 30 days notice and moves on. The renter is paying for flexibility as well.
This is how "natural resources" work apparently.
You're just a smelly extractor!I keep trying to convert my liquid holdings into magical real estate where I just pull money out of nowhere like zeph taught me.
So I took $20,000 and I bought $100,000 property. There were $4,000 worth of closing costs and survey etc.
So now I'm $24,000 dollars into this thing.
Rental rate in this area for that house is $900 bucks.
After mortgage servicing, and 8% vacancy, and 5% capital expenditures, and property taxes, and insurance, And another 5% for repairs, And even ignoring the 10% for property management (is that work
$24,000 in to result in to gain $120 a month.
What service is provided to a person renting? They don't worry about the roof, the foundation, nothing. A simple phone call solves all problems for a known and fixed budgetable quantity. It is the removal of risk being paid for a few percent over the actual ownership cost.
What is the exit plan for a property such as this? You have a known penalty of 6%, the moment you want to exit it. If you own this property, the known gain above is eaten to zero if you exit the property inside of 5.5 years. The renter simply gives 30 days notice and moves on. The renter is paying for flexibility as well.
This is how "natural resources" work apparently.