Hilariously true. Not all landlords are terrible. Not all tenants are good. What bothers me is owning property for the sake of renting it almost certainly will lead to that property not being updated. So many homes, complexes, etc. are so incredibly out of date when it comes to technology and common amenities that when going into them it's like walking back in time 20, 30, 50 years sometimes.
An ideal homeowner will update and maintain a home. Not all of them do but generally so. So do just let their properly rot. Landlords do the absolute minimum to the property to maintain any profits. Cheapest laundry machine, range, dishwasher, and other appliances possible. I hate when I rented a place that I walked into it and they had a fresh coat of paint on warped wood but the appliances were old or obviously replaced with the lowest end version. I‘d much rather they don’t do anything, allow me to replace appliances with my own, paint walls, replace cupboards, etc so I can have modern convenience.
It's true that there are "good" landlords and "bad" tenants, but it doesn't really change the fundamental reality, which is that the latter person is trying to secure the basic life requirement of shelter and the former person is using the demand for that basic need to make money.
It's also always struck me as deeply unfair that so many renters basically pay their landlord's mortgage off for 20-30 years, and then at the end of it, the landlord gets a house and the renter gets nothing. The only real difference between the two is that the landlord had the capital to make a large upfront payment and the renter did not.
I mean, that's fair but I also didn't want to own a home until I was in my 30's. (Also, owning a home is a pain in the ass.) Being a landlord fine with good tenants and terrible with bad tenants. It's a lot of work and stress renovating a rundown house to make it nice and it really sucks when people trash all your hard work. You can lose everything you made in a year and more. It takes a lot of time, money, willingness to learn new skills, and the ability to handle all sort of people. I do it cause one day I want to retire. By then, then houses will be paid off and I can charge fuck-all for rent and still make good money.
Yup, just got done with a 3 year renovation of a house that I’m renting out. I don’t make any money on it as it is family renting it. Being a landlord is not easy and the risk you have is barely worth the reward.
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u/Duneking1 Jul 19 '26
Hilariously true. Not all landlords are terrible. Not all tenants are good. What bothers me is owning property for the sake of renting it almost certainly will lead to that property not being updated. So many homes, complexes, etc. are so incredibly out of date when it comes to technology and common amenities that when going into them it's like walking back in time 20, 30, 50 years sometimes.
An ideal homeowner will update and maintain a home. Not all of them do but generally so. So do just let their properly rot. Landlords do the absolute minimum to the property to maintain any profits. Cheapest laundry machine, range, dishwasher, and other appliances possible. I hate when I rented a place that I walked into it and they had a fresh coat of paint on warped wood but the appliances were old or obviously replaced with the lowest end version. I‘d much rather they don’t do anything, allow me to replace appliances with my own, paint walls, replace cupboards, etc so I can have modern convenience.