[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 57 KB, 545x444, 578967969.jpg [View same] [iqdb] [saucenao] [google]
54145514 No.54145514 [Reply] [Original]

>landlords would rather keep their shitboxes vacant than negotiate with potential tenants

Why?

>> No.54145543
File: 675 KB, 1764x1758, 1678762943829892.jpg [View same] [iqdb] [saucenao] [google]
54145543

>>54145514
Because the current president of the usa Brandon created something called civil forfeiture a few years ago abolishing multiple constitutional rights that they bypass by sueing the good instead of the individual.

Like us government vs ford car or us gov vs 100 dollar bill.

Real estate is protected from civil forfeiture, money in banks or cars not.

>> No.54145545

>>54145514
They anticipate further inflation (you should too)

>> No.54145562

>>54145514
ryuko's ASS on my FACE

>> No.54145918

>>54145514
Because fuck you. That's why. Mortgages don't pay themselves. I'll write off a rental unit as a loss for a few months before renting it for less than its worth. Rentets need to get through their heads. If they want a place to live they can pay market rental rates or go live in a box in an alley. So sick of the entitled mentally of renters these days.

>> No.54145975

>>54145514
>renting
>in 2023
>right after the government fucked landlords right up the ass forcing them to house renters for free for 2 years
ISHIGGYDIGGY

>> No.54145985

>>54145514
Because rental income is just a side bonus. Equity will more than pay for it self. Why take a chance?

>> No.54146039
File: 65 KB, 680x577, (((landlords))).jpg [View same] [iqdb] [saucenao] [google]
54146039

>>54145918
>oy vey muh shekels
kys parasite

>> No.54146060

>>54145514
low IQ. they don't understand vacancy costs. real estate shitters are some of the dumbest niggers i've ever interacted with, whether it's a small time landlord or a big jewish corporate landlord.

>> No.54146062

>>54145514
they're delusional. don't worry, soon they'll lower rent or panic sell

everyone says rent always goes up but i'm seeing tons of vacant rentals in my city for the same prices I remember paying years ago.

>> No.54146089

They are dumb. One of my tenants paid me a year of rent up front. Told me nobody else he could find was willing to take this deal. He has a job now, and never calls me with any problems, and keeps the place looking nice.

>> No.54146093

>>54145543
none of this is correct

>> No.54146106

>>54145514
Cuz fuck niggers that's why.

>> No.54146122
File: 377 KB, 1981x1355, 16523418856.png [View same] [iqdb] [saucenao] [google]
54146122

>>54145918
lmao

>> No.54146142

>>54145918
How is recognizing that you have leverage in the current market and attempting to use it to negotiate "entitlement"?

>> No.54146155

>>54146093
Show it to be incorrect

>> No.54146206

>>54145975
This. I'd rather live in one of my properties. They're yours, right? I mean, you paid for them... not like you're trying to make people pay your debts, that'd be not just fucked up but idiotic too. Anyway, sage

>> No.54146360

>>54145514
Ask landlords in Los Angeles that. Their tenants were allowed to steal their houses with government backing. It's been 3 years of eviction freezes, and they just extend it over and over again when it's about to expire.

>> No.54146776

>>54145514
It is strange. I tried this with a number of places recently. Alll of them had like 6 units empty and wanted 1400/mo. I offered 1100 thinking surely 1100 is better than 0.
All said no.
Maybe Jews aren't so clever after all.

>> No.54147192

>>54146142
What makes you think you are entitled to renting for less then the cost of purchase, upkeep and taxes?

>> No.54147336

>>54147192
The fact that you will lose even more money if you don't rent it to me for that price, the fact that I can recognize that, and the fact that the market is in my favor now, not yours.

>> No.54147352

>>54145514
Simple. They aren't desperate yet.
/thread

>> No.54147353

>>54147192
What makes you think you're entitled to a profit if you bought the absolute top of the real estate bubble?
Oh baggies.

>> No.54147451

>>54147192
Not my problem you bought the top of a speculative bubble. You can keep calling everyone and everything (except you of course) entitled but that doesn't change the market value has dropped below your bagholder accounting price point

>> No.54147491

>>54147192
Because you overleveraged yourself with the banks, buying the top of an extremely euphoric bull run. Your maintenance costs sound like a (you) problem. You can enjoy your bleeding investments while I fuck my gfs hole in her mom's basement which I live in for free. I'm gonna piss on a local corpse when mass landkike suicide begins

>> No.54147584

>>54145514
Because they treat basic necessities and people like stocks/crypto

They hold out until they can get more.

>> No.54147628
File: 35 KB, 634x460, hitler drake mfw.jpg [View same] [iqdb] [saucenao] [google]
54147628

>>54147353
This unironically. When the bank repossesses it they will sell it to a new owner and he will be able to charge a reasonable amount that leaves people with dignity. Housing as an investment is cancer and those who lose money attempting that deserve exactly what they get.

>> No.54147938

>>54145514
>>landlords would rather keep their shitboxes vacant than negotiate with potential tenants
Untrue.
They do this all of the time.
"Vacant housing" is a leftist myth.
https://www.youtube.com/watch?v=evYOhpjMql0
https://www.sgvtribune.com/2021/03/25/the-myth-of-excess-vacant-housing-distracts-from-solutions/

>> No.54147949

>>54146039
Kill yourself commie.
Adam Smith was retarded and believed in the labor theory of value.

>> No.54149214

>>54145514
Market comes and goes, but information assimetry goes a long way.
Some people don't do a lot of research or value things differently like being close to their previous home (for the kids school etc).
Waiting 2 months to rent your place 1200 instead of 1000 makes you break even and you get a tenant that didn't negotiate and will accept a rent increase next year or at least maintain the rent as it is and start netting you a benefit.

Waiting more than that or being unwilling to negotiate a small discount is just being obtuse, delusional and financially dumb.
You can always ask for another compensation like more money upfront etc to compensate the lower general rent.

>> No.54149780

>>54147336
>>54147353
>>54147451
>>54147491
>seeting to the point of delusion
>lashing out with fantasies as a coping mechanism
The absolute state of rentcucks. I can't imagine how hard it is knowing you are priced out. Oh well. Sucks to be you. Stay poor and stay mad I guess.

>> No.54149816
File: 6 KB, 237x250, Pepe_Finger.jpg [View same] [iqdb] [saucenao] [google]
54149816

>>54145918
>move into place
>don't pay rent
>apologize profusely to landlord and say I'll pay
>never do
>get sent eviction notice
>immediately file for plea of relief, allowing me to stay in house for months for free until court comes up
>skip town when court case comes up as it's a shitty civil court with no ramifications on ditching
>apply for new place and repeat cycle

Haven't paid a dime in rent for over three years and have no intention to ever do so

>> No.54149843

>>54147491
So was my father smart then for selling the family house (2M) 2021 and putting that money into a trust for me and my sister? I've been bitching at him, should I apologize bc I'm retarded?

>> No.54149846

When I went to middle school there were 2 vacant lots across from it. 2 decades later they are still vacant.

>> No.54149860

>>54149816
>fake story
You are a lying bait posting incel that lives in their parent's basement.

>> No.54149952

>>54145514
In places like nyc, LA, etc the majority of the rental properties are owned by a small handful of very wealthy and powerful families (usually Jewish). The heads of these families meet a few times a year to discuss things like how much rent they charge etc. There's a code among them right now that nobody will cave to the vacancies and slash their rents, thereby fucking over all the other families by undercutting them. If any of them do, they will suffer the wrath of the other families.

>> No.54149959
File: 1.02 MB, 1825x2048, george.jpg [View same] [iqdb] [saucenao] [google]
54149959

>>54145514

>> No.54149960

>>54145514
>Why
Why do you care? It's their building you dumb fuck.

>> No.54149968

>>54149816
You never did any of that.

>> No.54149978

>>54149843
Your father is retarded but good for you, you'll piss away the family wealth.
Imagine giving up a house, for 2 million.

>> No.54149983

>>54149952
Man, the USA sucks dicks, we're not allowed cheap housing so Jews can suck more money out of us.
I might stop working.

>> No.54150001

>>54145514
If they came down on prices it'd set the precedent that you can just say "No, fuck you" to their retarded prices, and then their margins go through the floor.
It's better to project the power over your life they have by letting you squirm looking for housing than to tilt their hand and show that being a landlord is second only to being a banker when it comes to parasitic castes.

>> No.54150011

>>54149780
My gf's mom is making French toast for me I the morning. I haven't decided if I'm gonna prone bone or just nut in her daughter's mouth before enjoying the meal. I'll think about you as sip the morning cuppa, thinking about the fact that I pay $0 in rent every month, and have paid $0 in rent my entire life. Man I've got it good. Your monthly bill to the bank is nearly due, landkike. I expect your bill on their desk by Monday. We're gonna need you to cover early for all the banking drama right now.

>> No.54150036

>>54149952
source?

>> No.54150038

>>54149978
My father was born a very poor man to two poor Czech parents, but still managed to start his own business to ~5M appreciation, and a 2M house, while giving us a very comfortable life, not too bad. I'm sure it's better than your crack addictwhore mother and "father" you've never seen the face of, Abibaba.

>> No.54150055

>>54149843
You're father made a good move. He sold the top of the housing market. No need to apologize, but thank him by putting that capital to good use. Best of luck fren

>> No.54150065

>>54150038
I wish I knew who you were just so I could show your dad what you just wrote
he'd slap you so fucking hard and he might even kick you out for a bit to get a taste of reality

>> No.54150079

>>54150055
Thanks anon, sometimes I feel I fall into that zoomer entitlement/ungratefulness trend, something I'm working on. I'll try not to let anyone down.

>> No.54150078

>>54146039
Rentoid crybabies always complain about this but never have a solution. Do we have to provide you with free housing as well?

>> No.54150089

>>54150065
... I have my own place now, bought by him, in my name. my father also hates immigrants, jews, and landlords so... he'll probably reward me kek

>> No.54150102

>>54145514
They are running on fumes, getting lines of credit on one property to pay the mortgage interest of another. They still owe both debts and are forced into selling their property for lower than what they bought it for.

>> No.54150111

>>54150079
join the military or literally anything to get out of the american comfort bubble and you will already place yourself at a significant advantage

>> No.54150113

>>54150079
>I feel I fall into that zoomer entitlement/ungratefulness trend
yeah no fucking shit
>>54150089
and here I am building my stack up all on my own

>> No.54150126

>>54145514
because their "shitboxes" are hard as fuck to build and theyre tangible capital, its like owning stocks but a lot less risky and its a solid foundation for your capital
also if they had tenants in it theyd be stinking and shitting on the walls and they would become nasty would you live in an apartment that had like 50 mexicans in it beforehand?

>> No.54150129

>>54150111
Checked and I actually think about that alot, better to learn strict discipline early than at 40 years old when weak and fat and nobody is willing to assist you.

>> No.54150156

>>54150113
Nobody cares about your $350 ADA stack, Ahkeeb.

>> No.54150168

>>54150129
You should, i am in very similar shoes and i got out of the military not too long ago. My service was totally unrelated to the engineering degree im working on, but either way i am really glad i did it. Just don't do the american military unless you wanna die for troons

>> No.54150170

>>54150156
I sold my ada right at smart contract launch
I trust skelly now

>> No.54150244

>>54150079
>>54150113
>zoomer entitlement/ungratefulness trend,
Ah you've already been brainwashed, that education is wasted on you.

>> No.54150637

>>54150126
>their "shitboxes" are hard as fuck to build

>> No.54150711

>>54147192
I could potentially agree with upkeep, but adding in purchase lol no.
and fuck taxes.
I'm not against contributing to the country but not "oy vey another trillion to ukraine goyim!!"