Landlording

[Anonymous No.50254842]

Is it better to have 4 cheap properties in a poor city that pays rent or 1 property in a richer city with 4 rooms that pays similar rent?

Is one much harder to deal with / handle than another?

[Anonymous No.50254859]

>>50254842
It is better to kill yourself landleech parasite

[Anonymous No.50254870]

>>50254842
The latter. My dad did the former and it drove him fucking insane. You're constantly dealing with deadbeats. It's probably what drove him to drugs and killed his stupid ass Dealing with all these reatds myself nearly broke me.

Will you make more money on the first? Maybe, but better to rent in upscale areas with people who aren't total fucking dregs of society

[Anonymous No.50254883]

>>50254842
how about split that 1 property to 2?

[Anonymous No.50254888]

>>50254842
Is it better to poop your pants and change you pants after 5 minutes or pee your pants and change your pants after 30 minutes?

[Anonymous No.50254906]

>>50254870
HahshahahahahHHahahahahahahahahahahaha the fucking projection ahhahahahahahahahahaha his deadbeat daddy died and now to cope he doubled down hahshahaahababsbhs pathetic parasite

[Anonymous No.50254919]

>>50254906
>pony
Rule 15

[Anonymous No.50254923]

>>50254906
spotted the poorfag

[Anonymous No.50254960]

>>50254842
it's always better to deal with educated people

[Anonymous No.50254971]

>>50254870
>deadbeats
>literally leeches off someone else's work while contributing nothing
The poorfaggots with jobs are way more valuable than you are, if all landlord parasites died tomorrow no one would notice.

[Anonymous No.50255041]

>>50254906
>>50254971
The amount of butthurting basement dwellers inside this finance community just for landlording is unbelievable.

[Anonymous No.50255063]

>>50254971
I fail to see how your concerns are my problem

[Anonymous No.50255099]

Do you want to rent to people with good credit or bad credit? Why the fuck would you risk a mortgage just to rent to somebody with bad credit?

You know who runs the poor cities? Landlord-Tenant lawyers. You know who they represent? Your tenants.

[Anonymous No.50255897]

>>50254842
Xrazy

[Anonymous No.50257932]

landlords produce housing technically

[Anonymous No.50257958]

>>50254842
2nd one is obviously better on both counts, less work + more reliable tenants.

Expenses may be greater so you would need to keep cash on hand and the losses will be huge if a tenant stops paying and you need to go through eviction but if you do a thorough background check on renters that's very unlikely while it'd be virtually certain in a lower income community.

[Anonymous No.50257985]

>>50255099

maybe in shit states. one phone call here and the sheriff will escort you out

[Anonymous No.50258036]

>>50257985
you still can't evict people in a few places in california because of the coof. kek

[Anonymous No.50258072]

>>50255099
>what are slumlords

That's absolutely not how it works you retard, you are a complete fucking moron if you think poor cities are run by the poor or their lawyers. Poor people do not just go to a lawyer and get a free ride, most are trapped in an endless cycle of debt and bills, there is not a martyr class of landowners who suffer constant losses to house the poor.

It's very simple, it's just a different business, you have to be as aggressive as possible and fuck over the poor or they will fuck you.

If some dumb fuckin white boomer who thinks poors are just misunderstood, signs a contract trying to be as fair and upfront as possible then yeah they're gonna get fucked over and lose several months rent and probably huge property damage.

To be a successful slumlord you have to aggressively go after your tenants and make them sign contracts where they agree to waive all rights and squeeze them for as much money as possible, if they are hard workers (most poors honestly are,maybe 60%) they will get caught up and you can ease up and be straight with them, the lazy mooches will soon get behind on payments then you can continuously hound them with threats of eviction, if things go south you have everything documented and ready to go in court and you can start advertising to get the deposit from the next tenant.
It ain't pretty but it's the way the world works in every slum from Chicago to Shanghai to Mumbai to Mombasa

[Anonymous No.50259755]

sneed