I’ve only had one decent landlord, ever. He was so decent in fact, that he stopped being a landlord, because he inherited it, but came to realize it was unethical.
I was having this conversation with a co-worker recently. He was buying a second home with the intention of renting it to his brother “at cost.” Which is to say, his brother is paying the mortgage while he gets the equity. When I pointed out how fucked up that was, he agreed and bought the house anyway.
That is very region-specific in the US. Around me, rent prices have absolutely exploded while the housing market has very slightly softened vs 2 years ago.
I’ve had one decent landlord, too. one was just okay, but on principle I disagree with him because he owned like 20 properties and was a realtor. the other four just sucked.
but the decent landlord, holy shit were they ever good. cheap af rent on a long since paid off shitty little house for student housing. actually mowed the lawn. renovated the kitchen one year, like, actually well. not fancy, just well done. pretty sure it was just his last house that they upsized from, so no large portfolio or anything. I’m okay with that.
The population of ethical landlords needs to be massively expanded.
And by ethical, I mean former.
I’ve only had one decent landlord, ever. He was so decent in fact, that he stopped being a landlord, because he inherited it, but came to realize it was unethical.
I was having this conversation with a co-worker recently. He was buying a second home with the intention of renting it to his brother “at cost.” Which is to say, his brother is paying the mortgage while he gets the equity. When I pointed out how fucked up that was, he agreed and bought the house anyway.
Maybe he doesn’t like his brother that much?
mortgage is higher than rent wtf
is his brother a dumbass?
That is very region-specific in the US. Around me, rent prices have absolutely exploded while the housing market has very slightly softened vs 2 years ago.
I’ve had one decent landlord, too. one was just okay, but on principle I disagree with him because he owned like 20 properties and was a realtor. the other four just sucked.
but the decent landlord, holy shit were they ever good. cheap af rent on a long since paid off shitty little house for student housing. actually mowed the lawn. renovated the kitchen one year, like, actually well. not fancy, just well done. pretty sure it was just his last house that they upsized from, so no large portfolio or anything. I’m okay with that.