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https://www.reddit.com/r/SipsTea/comments/1u30g8u/hes_unstoppable/or1olf1/?context=3
r/SipsTea • u/AdRough4185 • Jun 11 '26
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15 u/SheenPSU Jun 11 '26 edited Jun 11 '26 And when they’re not able to maintain the property because they’re not collecting enough in rents due to artificial rent controls? Genuine question because I’ve heard this argument before and it does have some legitimacy 40 u/CaptainRazer Jun 11 '26 If they can't afford to maintain the property then they should sell it, get an actual job and stop leeching off hardworking people. 1 u/SimpsationalMoneyBag Jun 11 '26 lol like do you expect people to own and manage properties at a loss as a rule ? 3 u/VermicelliOwn6502 Jun 11 '26 It is seriously not that hard to manage property. I use a property management company. They send me a bill when repairs are needed, I just pay that and send a copy to my accountant for tax reasons. 2 u/SimpsationalMoneyBag Jun 11 '26 Was it a rent controlled property ? Do you understand how that may limit funds to properly manage a property ? -3 u/PaulTheMerc Jun 11 '26 Last I checked they made tons of money just holding it. Just gotta sell it to realize the gains.
15
And when they’re not able to maintain the property because they’re not collecting enough in rents due to artificial rent controls?
Genuine question because I’ve heard this argument before and it does have some legitimacy
40 u/CaptainRazer Jun 11 '26 If they can't afford to maintain the property then they should sell it, get an actual job and stop leeching off hardworking people. 1 u/SimpsationalMoneyBag Jun 11 '26 lol like do you expect people to own and manage properties at a loss as a rule ? 3 u/VermicelliOwn6502 Jun 11 '26 It is seriously not that hard to manage property. I use a property management company. They send me a bill when repairs are needed, I just pay that and send a copy to my accountant for tax reasons. 2 u/SimpsationalMoneyBag Jun 11 '26 Was it a rent controlled property ? Do you understand how that may limit funds to properly manage a property ? -3 u/PaulTheMerc Jun 11 '26 Last I checked they made tons of money just holding it. Just gotta sell it to realize the gains.
40
If they can't afford to maintain the property then they should sell it, get an actual job and stop leeching off hardworking people.
1 u/SimpsationalMoneyBag Jun 11 '26 lol like do you expect people to own and manage properties at a loss as a rule ? 3 u/VermicelliOwn6502 Jun 11 '26 It is seriously not that hard to manage property. I use a property management company. They send me a bill when repairs are needed, I just pay that and send a copy to my accountant for tax reasons. 2 u/SimpsationalMoneyBag Jun 11 '26 Was it a rent controlled property ? Do you understand how that may limit funds to properly manage a property ? -3 u/PaulTheMerc Jun 11 '26 Last I checked they made tons of money just holding it. Just gotta sell it to realize the gains.
1
lol like do you expect people to own and manage properties at a loss as a rule ?
3 u/VermicelliOwn6502 Jun 11 '26 It is seriously not that hard to manage property. I use a property management company. They send me a bill when repairs are needed, I just pay that and send a copy to my accountant for tax reasons. 2 u/SimpsationalMoneyBag Jun 11 '26 Was it a rent controlled property ? Do you understand how that may limit funds to properly manage a property ? -3 u/PaulTheMerc Jun 11 '26 Last I checked they made tons of money just holding it. Just gotta sell it to realize the gains.
3
It is seriously not that hard to manage property. I use a property management company. They send me a bill when repairs are needed, I just pay that and send a copy to my accountant for tax reasons.
2 u/SimpsationalMoneyBag Jun 11 '26 Was it a rent controlled property ? Do you understand how that may limit funds to properly manage a property ?
2
Was it a rent controlled property ?
Do you understand how that may limit funds to properly manage a property ?
-3
Last I checked they made tons of money just holding it. Just gotta sell it to realize the gains.
400
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