"I am not tipping" - what the fuck? Does anybody actually add a tip to their rent payments?
What, do you want your landlord to starve!?
Bro, they're adding a tip option to vending machines. The world lost its fucking mind. Late stage capitalism indeed.
There was a landlord on TikTok who essentially asked for tips. He had his friend play a renter that refused to tip him and argued that if waiters get tipped just for delivering the food to the table, the landlord totally deserves a tip for being available for calls and fixing stuff.
One giant shitstorm later and we end up with this meme and the landlord making a TikTok in which he said that it all was a joke.
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.
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. That's the disconnect and how they keep us down. Why own anything and be a decent human being when I can log into this app, give it my money and not have to worry about who my money hurts?
Love how you're getting downvoted for making clear and logical arguments. Notice how no one has, or will have, a rebuttal?
It ain't the landlords kids, it's the real estate empires fucking you over. The answer is federal legislation saying any single entity can only own, I dunno, 10 or 100 houses? Devil and details and all, but these megacorps should not be able to own 10,000 homes. And of course, we need exceptions for lenders like banks that have an inventory of foreclosed properties that don't magically get insta purchased and fall off the books.
Who am I kidding. There's too much money to ever turn that boat around.
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.
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.
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.
> Spends loads of time and money on fixing up an old house
> Rents it out to offset costs
> Gets downvoted for being a landlord
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 treats 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 the middle man) wins.
Has anyone ever tipped a landlord and if so, what drugs were they on?
I do every week and the drug I was on was care for the weaker humans in society.
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."
Look at all these rocks I just bought from desperate people! Pay me and you can sleep under them.
Landparasites am I right
Edit: damn someone loves landlords
Then don't be a landlord if it is such a terrible job.
Exactly, if you've got money lying around, invest in something that doesn't require you to get off your ass and ensure the singular person/family selling their labour for your dividends isn't forced to shelter in a mold infested leaky death trap.
You're profiting of someone else's undeniable need for shelter and housing. You can at least fix the broken extraction fan above the gas cooker and not winge about the loss your precious rental income for that week.
The stock market is way easier to invest in than the property market. I genuinely don't understand why landlords take it on, then bitch about it.
Eat shit die is what I say. We keep fighting among ourselves for fucking scraps and we thing is a meal.
Nah fuck those big investment companies, fuck the humongously wealthy.
(I don't think most celebrities are rich, because people like musk, bezzos and certain corporations, stole the money of an entire generation)
I think it was the 400 richest people own more assets then the poorest 60%
That literally means we just need to focus on the titans of the industry. Not my landlord gary
You can't see the tenants rocks because they're so big
The tenants are chained to the earth
Those aren't rocks they're bags of money
ITT: people forgetting what sub they're on
It's fucking incredible how much I love landlords
But why can't he pull himself up by his bootstraps?
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.
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.
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