Without profit, you’re asking for them to sell their labor and expertise for free. Profit is the compensation people gain for the risk of making an investment, for the time and expense of doing what is necessary to manage and actualize that investment, and their expertise in knowing how to do so properly.
Well, expertise is a very, very generous term to use for landlords in any way, shape, or form. And let’s be real, for how much profit they make off of the labor of other people, them having to break a nail wouldn’t kill anybody.
It’s almost like this shit shouldn’t be an investment at all.
Someone needs to build and rehab rental houses and put up with tenants. No one is going to do that for free.
Doesn’t need to be free, it also doesn’t need to be profit either.
Without profit, you’re asking for them to sell their labor and expertise for free. Profit is the compensation people gain for the risk of making an investment, for the time and expense of doing what is necessary to manage and actualize that investment, and their expertise in knowing how to do so properly.
Well, expertise is a very, very generous term to use for landlords in any way, shape, or form. And let’s be real, for how much profit they make off of the labor of other people, them having to break a nail wouldn’t kill anybody.
Have you ever been a landlord? It feels like you haven’t, and are just repeating buzzwords like “they dont work but get money!”.