LogFAQs > #952967412

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TopicPeople have been delaying rent payments for over a year now
chrono625
04/18/21 1:05:08 PM
#50:


Everyone here who says to give the building to the renters knows FUCK ALL about property/housing ownership.

if these people cant afford rent HOW are they affording taxes and upkeep?

Im a tradesman and INCREDIBLY handy. I can change water heaters, change out air handlers and condenser coils. I just renovated my entire bathroom myself.

the cost of materials alone and the time goes beyond what your typical renter will be able to do and afford.

so you give these buildings and homes to renters, great! Now what happens when a pipe bursts? A water heater goes to shit? Your coil has a leak?

your talking thousands in repairs and maintenance and general up keep on top of mortgage and taxes. This is something renters have zero concern of for the most part.

your AC went? Call the landlord and its fixed. No cost to you. Leak somewhere? Call the landlord.

electricity out? Main distribution panel corroded and needs to be replaced? Hope you have about 3k laying around in an emergency fund to fix.

unless you like living in absolute filth and squalor, sure home ownership sounds great when you cant afford it.

then these buildings and homes go to complete shit and are abandoned.

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