/biz/ - Business & Finance

im a landlord

>>18082607
I make 25k a year you stupid fag.

>>18082607
Still gotta pay lot fees. Which can be upwards of full rent sometimes.

>>18082607
good luck finding tenants with 40% unemployment you fucking trenchbrain

buying RE right now is the dumbest shit you could possibly do

dunked $5k of rent on two landlords, dodged these motherfuckers

moved to a new country, life is good, fuck landlords!
>you can't possibly get away with this
yes i can and i did

>>18082763
Read nigger, I mean just owning your own personal property, not BECOMING a landlord with several properties.

>>18082856
Or you could just hold PM or crypto and buy that same land for much, much less in 2-5 years

>>18083125
It seems we're on the same page after all, you and I

>>18082682
Black, two sugars. And hurry the fuck up.

>>18082682
Based. I'm only making 36k a year. I'm going to be poor my entire life huh?

>>18082682
A private in the army can make more than that

>>18082607

>>18083494
AND can die for Israel.

>>18082682
Save what you can and try to make more, maybe invest a little, what do you want us to tell you?

>landkikes are called out for being the parasites they are
>their only responses are either "you're poor lol" or "why don't you just become a parasite yourself bro"
>have yet to hear any response that actually defends their position in society as something of value rather than 100% parasitic

>>18082607
but why bother when i could literally live rent free for the next year on the landlords dime? If enough people do it that landlord won't be a lord of anything at all.

>>18082607
>Buy land
>Put mobile home down
>Get sued by neighborhood association for violating neighborhood bylaws
>Have your home seized by the courts and destroyed
>Be forced to pay court fees

Alternatively
>Be sued by county for violating housing guidelines
>Have home seized, etc.

What, you think you live in the land of the free? Your rights end where others can see you.

>>18083614
Anyone arguing this point is an idiot. It was argued more than 100 years ago and was totally crushed by society. It's an invalid argument that has been proven to be a failure.

https://en.wikipedia.org/wiki/Georgism

>>18083614
A roof over your head without any of the risks that come with ownership is not something of value? Are you literally fucking retarded?

>>18083614
Property can be used freely, including by renting said property for money.
Landlords either bought their properties and had to work, or they inherited it. In both case their property is legitimate, if you're jealous do as they did, you or your grand children will enjoy the same benefits

>>18083948
Very good point too, the rentee has a lot of freedom as he can live wherever with no concern for the land, while if he lived in his own home he should bother with buying or renting before moving to another place.

>>18084000
Nearly all land owned today was stolen at some point. The claim is illegitimate.

>>18082763
real estate is priced in for a 4 year recession, which isn't going to happen

learn how markets work

>>18083645
Land of the free.

>>18084105
Cry me a fucking river. You want some reparations for shit that happened hundreds of years ago faggot? To the victor go the spoils.

>>18084146
As a realtor, I absolutely hate "neighborhood associations" and I seriously wish to just kill everyone on the boards of these damn things. They are worse than Nazis and should be purged.

>>18084157
Fair enough. Don't cry when I take it from you then landy.

>>18082682
And who’s fault is that?

The only thing I like about these threads are top buiyers seething at poorfags. This was the most obvious bubble in history and if you bought after 2015 you are gonna be hurting.

I make 9k in one year

>>18082607
Ok. But what does that have to do with telling you to get a job and stop being a parasite?

>>18083645
Get that land out in the sticks somewhere, the further away from the city the cheaper (and better). Then by another home and rent it out, become what you hate the most and see how much you enjoy reaping the benefits of making wise decisions

>>18083948
>Risk of ownership

The only risk the landlord is taking is that he finally needs to get a fucking job.

>>18083514
>/pol/tard delusion: XD YOU GO TO THE MIDDLE EAST AND IMMEDIATELY GET BLOWN UP SO THE JEWS CAN DANCE AND PARTY ON YOUR CORPSE
>reality: just sit on a base doing nothing while getting paid and later have free healthcare, college, and great house buying opportunities plus boomers are more likely to hire you

>>18084596
100%

I know so many people that are over leveraged so they could buy a McMansion/Shoebox condo in the city/investment home. I have no sympathy for them. I know literal bartenders that own 2 or more properties. Now they will get crushed.

>>18084734
They face a very real risk of not having any tenants and holding the bag on an illiquid asset that loses them money every month and they don't need.

People that rent out properties they own really aren't that bad. People always need rentals. But these retards that borrowed money to buy an investment house are gonna get absolutely fuckin justed.

>>18084836
>an illiquid asset that loses them money every month and they don't need.
>loses them money

Absolutely wrong though, since your fellow landlords are buying up so much property house prices keep raising. So your net worth keeps going up regardless whether you rent them out or not. My demented aunt's net worth increases more per year then most couples combined salary.

>>18082607
ATTENTION ALL TENANTS. let me explain this to you in very clear terms even your ignorant wagie mind can understand. you will pay my rents. i don't care if it's a week late. i don't care if it's a month late. BUT. YOU. WILL. PAY. MY. RENT. it's inescapable, a fact of life, as certain as you living out the rest of your miserable and inconsequential life in constant poverty. if you don't pay, you will be taken to court. your credit will be ruined. the full weight of the terrible jewish apparatus -- THE AMERICAN JUDICIAL SYSTEM -- will crush you with unimaginable violence until there is simply nothing left. your credit will be ruined. your meager savings will be bankrupted. your name and your reputation will be utterly destroyed. you will have no recourse, no hope, nowhere to turn. IF, HOWEVER, you beg and plead and cry and writhe, i just might put in a good word for you with my slumlord buddies. we are a generous bunch, you know.

>>18082778
So do you still rent?

>>18084194
They keep the niggers out

>>18085022
>it'll go up forever bro

>>18085084
How would a landlord ruin the tenants credit?
Can you report them to the credit bureaus?

>>18082607
>buy land outside the city
>slap a mobile home onto it
>spend about $300/mo to finance all of that
Meanwhile,
>add 3 hours to commute in rush hour traffic
>3 hours * $25/hr * 20 days per month
>waste $1500/mo in labor commuting
>that doesn't even include gas/auto depreciation/maintenance
So,
>$300/mo housing, $1500/mo commute, $200/mo auto expenses

You're spending $2000/mo to live in a trailer when you could get an apartment for a lot cheaper or househack instead.

And that's if you make $25/hr. The math gets worse the more you make.

>>18085084
Bravo, good sir!

>>18085022
That's why I think it's a bubble and didn't buy a house when I could have. As soon as the tenants don't have jobs, the whole scheme collapses/

>>18085084
kill yourself

>>18085084
Good way to get yourself shot

>>18085084
(You)

>>18084105
First of all what you call legitimacy is a mere construction of a mind, it doesn't actually exist and you shouldn't refer to it as if it did.

Second of all, if that was exact nobody can trace back to the descendent of the pretended original owner the land was stolen from, and the present owners have nothing to do with the so called past theft, so why they should be blamed for it?

>>18082713
don't forget property taxes

>>18082607
a bunch of tenants stopped paying rent cause they lost their jobs and they asked me to join in to help so I did. I didn't even lose my job lmao

Now evictions have been put on hold and the apartment owners are fucked kek. I'm just pocketing the difference. pretty soon these landlords are gonna start going under and I'll be buying their properties for pennies on the dollar

>>18082607
LANDLORDS ARE THE NEW JANNIES

FUCK LANDLORDS

>>18082607
Nah im good living with my dad in his paid-off condo that i will one day inherit

Landlords BTFO

You never needed to pay rent. You can easily just suck a penis. It will take less than an hour

>>18088770
And getting what rent if no one is paying ?

>>18083614
>living in someone else's house on someone else's property
>refuse to pay them
>they are the parasite

>That's two years rent.
its four

>>18082682
Post IQ