It's pretty straightforward math. A landlord's income is necessarily the cost of maintenance of a property plus some extra as profit. Otherwise they're losing money and therefore wouldn't be a landlord. But since their income is the rent you pay, you are therefore paying for everything plus their own cost of living.
Correct. I'm paying him to take care of everything so I don't have to do it. Lawn. Plumbing. Damages. That's all one person for me. I'm paying that one person to take care of all of those things so I don't have to. And the price never changes.
Dude. Stop.
You might be able to pay for emergencys. I cannot.
I'm done talking to you about this. Stop replying to every comment I've made with the same ignorant comments please.
I never insulted you. If you actually read the things I've said, I'm only saying that landlords are leechs and provide nothing of value.
I'm in the same position as you and have to rent from a landlord, except my experience has taught me that they should not exist and brought me into solidarity with others who are exploited by the ownership class. It has not led me to defend my oppressor.
good things happen when we get rid of our oppressors
Lawn. Plumbing. Damages. That's all one person for me. I'm paying that one person to take care of all of those things so I don't have to.
No, you're paying that person to then pay other people to take care of those things. If you tell me your landlord handles the lawn, plumbing, all repairs, etc, I'll just call you a liar.
What. Why would you call me a lier lol. My landlord handles all of that. That's why I'm renting. That is the reason to rent. Otherwise I'd own a home and have to do all of that myself.
I don't want to deal with hiring anyone to do anything. I pay my landlord to do all of that.
Yes, I've already said that. That's why I'm paying him every month.
If my pipes break tomorrow I call him and he takes care of it. Someone comes and fixes it that day or the next. If I owned the place I wouldn't be able to get it fixed until next month.
I think you and I have very different financial situations if you're having a hard time understanding this.
Don't call me a lier again. You don't even know me.
If my pipes break tomorrow I call him and he takes care of it. Someone comes and fixes it that day or the next.
Right, he paid for that plumber with money from your rent in excess of the cost of the mortgage. If you didn't have to pay that excess cost you could have paid the plumber yourself.
The only service he's providing here is scheduling an appointment with a plumber who is the one actually fixing the pipes, not the landlord.
He's also trying to make a profit so the rent minus cost of mortgage and minus cost of repairs that he covers is almost still a positive number so that he is actually making money on this.
Again I want to stress, the service he's providing is paying other people to do things for you with money that you gave him.
If I owned the place I wouldn't be able to get it fixed until next month.
What? How does your landlord do it? Because you would just do that, and then you wouldn't have a parasitic third party leeching off your income. You would have the exact same service and more money to spare.
It's pretty straightforward math. A landlord's income is necessarily the cost of maintenance of a property plus some extra as profit. Otherwise they're losing money and therefore wouldn't be a landlord. But since their income is the rent you pay, you are therefore paying for everything plus their own cost of living.
Correct. I'm paying him to take care of everything so I don't have to do it. Lawn. Plumbing. Damages. That's all one person for me. I'm paying that one person to take care of all of those things so I don't have to. And the price never changes.
See what I mean?
But he's charging you more than what all those things cost combined
Dude. Stop.
You might be able to pay for emergencys. I cannot.
I'm done talking to you about this. Stop replying to every comment I've made with the same ignorant comments please.
We're cool. But please just don't be ignorant.
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They don't realize that, they think we're being ignorant for pointing it out
Anytime you want to give me 100+k to buy a house, you know where to find me.
I wish i did.
I never insulted you. If you actually read the things I've said, I'm only saying that landlords are leechs and provide nothing of value.
I'm in the same position as you and have to rent from a landlord, except my experience has taught me that they should not exist and brought me into solidarity with others who are exploited by the ownership class. It has not led me to defend my oppressor.
Grow up
Stop using the word ignorant to mean telling you things that are true and that add information to the discussion.
Would you rather pay $10 for a sandwich or $20 for a guy to buy the sandwich for you?
No, you're paying that person to then pay other people to take care of those things. If you tell me your landlord handles the lawn, plumbing, all repairs, etc, I'll just call you a liar.
What. Why would you call me a lier lol. My landlord handles all of that. That's why I'm renting. That is the reason to rent. Otherwise I'd own a home and have to do all of that myself.
because your landlord simply does not do all those things, I don't believe you. your landlord hires someone to do those things.
Yes, I've already said that. That's why I'm paying him every month.
If my pipes break tomorrow I call him and he takes care of it. Someone comes and fixes it that day or the next. If I owned the place I wouldn't be able to get it fixed until next month.
I think you and I have very different financial situations if you're having a hard time understanding this.
Don't call me a lier again. You don't even know me.
Right, he paid for that plumber with money from your rent in excess of the cost of the mortgage. If you didn't have to pay that excess cost you could have paid the plumber yourself.
The only service he's providing here is scheduling an appointment with a plumber who is the one actually fixing the pipes, not the landlord.
He's also trying to make a profit so the rent minus cost of mortgage and minus cost of repairs that he covers is almost still a positive number so that he is actually making money on this.
Again I want to stress, the service he's providing is paying other people to do things for you with money that you gave him.
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What? How does your landlord do it? Because you would just do that, and then you wouldn't have a parasitic third party leeching off your income. You would have the exact same service and more money to spare.
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If you want to buy a house for me go right ahead. I'll gladly only pay my own mortgage after that.
First I have to buy food though. Let me know when you're going to forward the 100k. I have PayPal, Venmo and banking accounts.
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