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Fucking leeches (lemmy.dbzer0.com)
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[-] Melvin_Ferd@lemmy.world -1 points 4 months ago

I mean why not?

[-] finitebanjo@lemmy.world -1 points 4 months ago* (last edited 4 months ago)

In this specific example the 4 rental homes likely don't even pay for themselves. Add up the mortgage, insurance, maintenance averages, and property taxes then divide by units and subtract the average rent (include vacancies in the average): that's how much you make per tenant.

At most I could see a profitable location with 4 units covering groceries and vehicles, but not vacations. You would need more like 8 or 9 units for that. Bonus points if they're combined into a single building to reduce maintenance costs and save on heating.

This meme seems to specifically target mom & pop level operations. If the Tenants are really such victims they should just get together buy the property out.

[-] commander@lemmings.world -1 points 4 months ago

🥱

This person has no idea what he's talking about and we should all ignore him accordingly.

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[-] mechoman444@lemmy.world -1 points 4 months ago

I don't understand. What exactly is the complaint here? That they're over charging or charging at all?

Or is this just bandwagon hate on a common and ancient business practice?

Because there is nothing immoral or unethical about having multiple rental property.

And don't give me this shit about how they're evil for over charging. The middle class holds all the power all we're lacking is organization and education.

[-] gamermanh@lemmy.dbzer0.com -1 points 4 months ago

Because there is nothing immoral or unethical about having multiple rental property.

You're charging someone for you doing nothing so they can have a basic need to survive. It's very immoral

If you're gonna try to defend an immoral act with

Or is this just bandwagon hate on a common and ancient business practice?

Then Ill assume you're pro-slavery and move on

[-] BombOmOm@lemmy.world -1 points 4 months ago* (last edited 4 months ago)

You’re charging someone for you doing nothing

Go talk to someone who manages a rental, ask them specifically what they do. What do they do when the tenant leaves? What do they do when the tenant doesn't pay? What do they do when things break? What do they do when there is a squatter? What do they do when there is a bogus complaint to the local government? What do they do when a unit sits empty for an extended period?

The answer to all those questions is most certainly not 'nothing'.

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[-] thisfro@slrpnk.net -2 points 4 months ago

I had to rant in a couple of comments because I drives me crazy when people defend leeching.

On a more constructive note: Housing cooperatives. I think they should be more widespread. Some people come together to build a house and then live in it for the cost it takes to actually support it. No crazy big apartments with a reasonable amount of people (roughly one bedroom per person), shared luxury such as gardens, in house shops, hell even a pool if you want. There is no leeching, just collective ownership.

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[-] Nastybutler@lemmy.world -2 points 4 months ago

ITT: people who want free housing without understanding the costs of owning a house

[-] commander@lemmings.world -2 points 4 months ago* (last edited 4 months ago)

Owning a house isn't that expensive.

I own one. It's so much cheaper than renting it's not even funny. I could pay someone to do all the work I don't want to and still come out so far ahead it's not even funny.

Renting is a scam and only useful idiots and scammers defend it.

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this post was submitted on 08 Mar 2025
324 points (96.6% liked)

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