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Rude-Bison-2050 t1_ja8xupm wrote

Reply to comment by Snownel in Who here owns residential and rents it out? thinking of buying a two-family in Rahway as it is getting very cute there. by [deleted]

idk, maybe housing for people who can't afford to buy and shoulder taxes, repairs, etc

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Snownel t1_ja8ya2s wrote

In what world do you think rent is less expensive than a mortgage, taxes, and maintenance? Where is that money coming from, genius?

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Rude-Bison-2050 t1_ja8yu4c wrote

you may want to try owning a house sometime and having to deal with a 5 figure bill yourself, kiddo lol

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Snownel t1_ja8zy1a wrote

I just paid $10k to replace our A/C two years ago, "kiddo". No landlord required.

Are you going to explain how a landlords magically make housing cost less to maintain and somehow conjure up a profit in doing so?

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Careful-Explorer-503 t1_ja97qd7 wrote

You’re clearly out of the loop. Maybe do a little research, try to have a full understanding of the market past and present, then come back and comment in an informed way.

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Rude-Bison-2050 t1_ja9mwg4 wrote

How many $10k repairs did you do at places you were renting

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Snownel t1_jaa77su wrote

How should I know? The landlord doesn't tell me how much he spends on repairs, I just throw gobs of money at him and hope he's not ripping me off.

But if he's still in business, chances are I've paid more than he's spent on repairs.

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