My landlord keeps getting violations from the HOA, and the HOA is straight up making rules up. I can’t sue the HOA for this (which is 100% what needs to happen to get them to stop), because there’s a legal layer between the owner and the tenant…
So yes, shit is broken. He refuses to call them out or take legal action against their harassment of my family. This is really obvious stuff, too. The latest violation involves them accusing me of having open flame torches on my patio. I own solar powered LED lanterns. They want to fine my landlord $100 for this.
I told him I won’t pay it. They are charging HIM, not me, and there’s nothing in my lease or the HOA’s CC&R’s saying I can’t own solar lanterns.
This guy has violated state, federal, and city laws over the last half a decade. He’s also a slumlord that never fixes anything. He once made me wait a year to get my front door handle repaired (sure, I could have fought that, but then he’d have just raised my rent.)
I hope he gets fined, and I hope he fucks around, because I’ve got an attorney ready.
I’m not saying to never take shit from your landlords, everyone… But at some point you have to stand up and tell them to fuck off. Rent is out of control in many cities right now, but that’s not an excuse for the often abusive landlord-tenant systems. Landlords should NOT exist.
You got a raise? It’s my raise now.
Is this 2/3s of income plus tip or is the tip included? Because if you want to save money, tip your landlord less!
The system is
brokenworking exactly as intended.They should abolish buy to let mortgages. How is it fair that a renter literally pays for the mortgage by proxy but doesn’t have a stake in the home.
The other 1/3rd goes to the feds, so they can pay for
roads,social safety nets, nukes, drones, unconstitutional domestic surveillance programs, and Israeli genocideRemoved by mod
Have you heard of revolution?
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I think landlords is kind of blanket statement. I think most rational people aren’t blaming the landlords who own a single family home and rent the basement suite. I think it’s more referred to companies gobbling up single family homes and rent gouging their tenants.
This is also Lemmy, so, you know, fuck cars, fuck trucks, fuck landlords, fuck Windows, fuck Google, fuck conservatives, fuck you, fuck me, etc etc
I have seen the amount paid in property taxes in USA via Zillow and… It is HUGE. No surpries that rents are so high. Rent have to cover minimum taxes, maintenance and part of house value. These expenses set the minimum value of a rent. But why you have so high property taxes? Cause enterprieses and billionaires don’t pay taxes and cause they put their huge capitals also in real estate, raising the prices. The problem is that real estate is a right ( house ), but also an asset.
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Everyone here loves to complain about landlords without realizing that the majority of single family home landlords (not corporate landlords) are barely making it by too.
Banks are really the ones making criminal amounts of money. 1/3 of rent is typically interest payments. 1/3 of rent then goes to taxes.
For instance, I make $2,900/mo. from rent, but pay $2,800/mo. for the mortgage. I’ve spent over $8k this year alone on repairs and maintenance. But please continue to complain how landlords are constantly raking in cash. It’s typical for a homeowner to pay 1% of the cost of the property per year to maintain it. I will never see a positive cash flow until the mortgage is paid off in 25 years. The only benefit I get by continuing to own the property is the appreciation in equity and principle payments to the mortgage. At the end of the year we will have a -$7k cash flow and $5k equity appreciation. In a HCOL area, that $5k on paper is less than 3% of the area’s median yearly salary.
I feel for anyone out there who has a landlord that didn’t consider the hidden costs and the fact they should expect to runa negative cash flow, because it’s those landlords that also can’t afford to fix the house you might be renting.
Dude, someone else is paying your mortgage for you. You know what your tenant get for paying your mortgage? Jackshit.
You are complaining that the home that you rent cost you 7k a year instead of 35k a year. Cry me a river.
Oh yes, it costs me $7k a year for the pleasure of managing a property, responding to all the tenants needs, the risk of paying for major future repairs, trusting the tenant to pay on time and in full (collections is practically impossible to enforce), dealing with vacancies while I still pay the mortgage, paying real estate agent fees which amounts to a month’s rent every time I get a new tenant. And that’s all for a house that I am not able to live in, and that I have locked up 20% of the house’s value for a down payment. It’s much more profitable just to let that money sit in the stock market instead.
But please tell me more about how you know better and that’s it’s all sunshine and rainbows for a non-corporate landlord.
So why don’t you? What motivates you to not take that money to the stock market or start a business, if it’s oh so hard being a landlord?
Myself, I don’t. Being a landlord has quite a bit of risk from awful tenants as well as quite a bit of effort to make it work well. I have a job, don’t want another, and don’t want the additional risk; my investments are thus elsewhere.
You know what your tenant get for paying your mortgage? Jackshit.
If you are truly getting nothing by renting, buy a home instead. If you respond by saying ‘but I don’t want to, or can’t because of x’, that is what you are paying for as a renter.
Tell that to the banks that refuse to let people have loans, even if they’ve been paying more for rent than the mortgage is for years.
You have abysmal credit from not paying your bills and can’t get a loan? That is certainly a benefit of renting, don’t need a loan.
Then don’t rent it an move to a place you can afford to buy the house
LMAO if you pay 66% of your income on rent then you really need to change something in your life.
It’s not so simple, my mom purchased a property with her divorce settlement and the return on the investment can be good, but it can also be not as good. She remodeled an Oregon property in Salem and sold it for less than cost later. While she did get rent for it before she sold, she could have saved a lot of effort just buying dividend stocks.
Real estate can be a good investment, but it can be a poor one.
This isn’t relevant to the meme at all though.
Also if your asking me to feel bad for someone trying to make a profit off acting as a middleman to a basic human need you’re barking up the wrong tree.
Remodeling a house and maintaining it is actual work
Then let the people who actually need to work there do it.
My mom is the landlord and remodeling houses IS her work. She was a stay at home mom until I grew up, that’s what she does for a living after she divorced my dad. She lives on the rent of her properties while she does each project
She lives on the rent of her properties
This is exactly the thing people have issues with. The whole “I am the breadwinner of my landlord’s household.”
That’s why I thought she should just buy stocks and live off dividends instead. I mean, any investment has a rate of return or people would not buy it
Yup, and housing shouldn’t be an investment. It can be affordable, or an investment, not both.
Then charge for work done on the house like any contractor would, instead of rent for simply owning any old plot.
She’s the one who hired contractors. You need someone who decides what work needs to be done, find the people who are qualified, and pay them.
Not all contractors do good work, she got scammed once by a guy who does crap labor and tries to upcharge to fix it. It happens
Even if she sold the houses, the person buying them would probably want a return on their investment and end up renting it out to people
The only way rent would be cheap is if there was a lot of supply of it, less restrictions on building like zoning, fewer fees on developers.
Look one of my siblings is doing the same thing. I’m happy I don’t have to worry about them financially, but I’m not going to say I wouldn’t prefer they made an honest living
My mom is too old to wash dishes in a restaurant, it’s really hard labor and she has carpal tunnel. She tried, it’s just not something a 60+ year old person is fit to do. So she can’t just sit on that money and do hard labor on the side. But drawing some plans and hiring contractors while painting some walls on her own time is something she can do
