this post was submitted on 23 Dec 2023
1056 points (91.7% liked)

Memes

45728 readers
1146 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
(page 4) 9 comments
sorted by: hot top controversial new old
[–] sharkaccident@lemmy.world -4 points 11 months ago (13 children)

Everyone paints landlords as money grubbing evil people. I own a couple rental houses and set prices so that my return is 7% annually. While that may paint me as the description above realize this; that price was set when I set a tenant and only increases with inflation. The majority of my units are 25% below market rates because once I have a good tenant I don't see a reason to make more work for me. 7% return and I never hear from them is worth it in my mind.

load more comments (13 replies)
load more comments
view more: ‹ prev next ›