Quoted By:
God they make me sick.
Yes, I like the money I make off them, but at the same time they're subhuman beings living in one of my house's
So I have upped the rent this year 20%. And the renters are complaining about it. Little do they know:
I pay for:
-Water
-Sewer
-Garbage
-Basic cable tv
-Property tax
-Depreciation
-Maintenence
-Repairs
-Code compliance
Now all of those things were effected by inflation. And they're upset about 20%? A young couple -- new parents, I think, -- are telling me that $2300 a month is over the top.
They were just paying a lowly $2000.
That's $500 a week. Find any hotel that will let you stay there for $500 a week. Ok.
Little did they know what kind of expenses come with being a landlord! For example:
Toilet needs a new float or something. Gotta hire a plumber. That's already $500. Ok. Plumber tells you, you need a new toilet. A new toilet is $2000 at the very least. That's $2500 all by itself. Renters don't understand that they could be within 1 repair of sinking our ship!
Lately I have been having them file formal repair requests by mailing them to my office. Say the air conditioner is broken. I have a handyman buddy of mine swap in a cheap old unit that works for a couple hundred bucks while the renters are at their day jobs.
So I meet up with the renters on a Saturday and ask them to show me what the problem is. They say 'nevermind the air conditioner started working again.'
A rusty trash air conditioner installed for $200 and a case of beer vs hiring an AC man ($1000 easy) and buying a new unit ($8-10k)? Let's be honest here.
Oh and repairs count toward the security deposit. Don't like it? Don't use my appliances then.
