Landlord thread

Discussion in 'The Mainboard' started by theriner69er, Aug 27, 2021.

  1. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    You’re in the wrong line of work if you can’t save up a few months worth of bills in an emergency fund. Why am I providing a safety net for you, for free?
     
  2. MiamiBeachCane

    MiamiBeachCane unobjective objectivist

    And who pays the landlords debt services? Come on, this really isn't complicated.
     
  3. Tobias

    Tobias dan “the man qb1” jones fan account
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    may be simple c a n e’s simplest take yet
     
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  4. tylerdolphin

    tylerdolphin My spoon is too big
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    What's the easy eutopia solution to housing that doesn't involve anyone renting? I don't really get the end game.
     
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  5. MiamiBeachCane

    MiamiBeachCane unobjective objectivist

    Twitter hasn't told them yet.
     
  6. CaneKnight

    CaneKnight FSU Private Board's Fav Poster
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    Should be called the parasite thread
     
  7. Tiger Tiger Woods Y'all

    Tiger Tiger Woods Y'all Putting big balls in little holes, circa 1995
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    PS Chumbolone if you want I can hook you up with an ABL partner of mine who will fund 40-50% of value, interest only, unsecured. An additional $2.5MM in purchase power serviced at 8k/month.
     
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  8. NCHusker

    NCHusker We named our yam Pam. It rhymed.
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    You are gaining equity in the home as others pay your mortgage.

    Not particularly interested in learning about the terms capitalists use to define and justify their exploitation
     
  9. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    The inheritance didn’t affect my circumstances. Professionally I was well set before I got it. I’d be in the same circumstances without it.
     
  10. BWC

    BWC It was the BOAT times, it was the WOAT times
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    Should be the richer landlords. But the system is broken, so even that doesn’t happen.

    All this comes down to you finance and real estate guys not understanding what the word “need” actually means. The only need a lot of you guys know is greed.
     
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  11. Tiger Tiger Woods Y'all

    Tiger Tiger Woods Y'all Putting big balls in little holes, circa 1995
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    what about the need, the need for speed
     
  12. C A N E

    C A N E Let justice be done though the heavens fall
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    I’m convinced BWC’s girlfriend was on some porno where she had to sleep with a fake landlord to forgive a debt
     
  13. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    It comes down to not being comfortable with someone like you, who doesn’t have a realistic grasp of much, being the arbiter of what constitutes “need”. Why are you so convinced you’ll be the one to get communism right this time?
     
  14. BWC

    BWC It was the BOAT times, it was the WOAT times
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    Yes, working for the man is the same as accruing equity while making money off said equity in a system that makes it easier for you to keep accruing equity than for the person working for the man. Another tight analogy you’ve offered us. I’m sure there are more.
     
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  15. C A N E

    C A N E Let justice be done though the heavens fall
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    The guy who hasn’t collected rent in a year where there were multiple stimulus checks, numerous job openings, and monthly child tax credits is the real problem.
     
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  16. MiamiBeachCane

    MiamiBeachCane unobjective objectivist

    When did math become political?
     
  17. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    Where does the capital to acquire equity and put equity to work to create passive income come from? You’re railing against retirement investments/income too?
     
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  18. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    When people bad at it realized they were being left behind.
     
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  19. BWC

    BWC It was the BOAT times, it was the WOAT times
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    Tom Cruise is a Scientologist. I rest my case.
     
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  20. CaneKnight

    CaneKnight FSU Private Board's Fav Poster
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    Yikes at some of the commentary in here
     
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  21. BWC

    BWC It was the BOAT times, it was the WOAT times
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    ...
    Does your brain have synapses? Honest question at this point.
     
  22. BWC

    BWC It was the BOAT times, it was the WOAT times
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    Why are you continuing to lean on COMMUNISM! when you said yourself:

    At least you can still laugh at yourself, I guess?
     
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  23. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    Because that really is what you’re proposing, despite your “modern day communism is” addendums.
     
  24. ElectricDreamMachine

    ElectricDreamMachine he was on the colgate comedy hour
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    miami guys being the real estate honchos and defenders of the "small time" landlord is just too perfect
     
  25. BWC

    BWC It was the BOAT times, it was the WOAT times
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    You’re fighting the good fight for a system the each and every day dredges a larger and larger gap between haves and have nots. Why? What do you think makes that sustainable by the time you reach retirement?
     
  26. BWC

    BWC It was the BOAT times, it was the WOAT times
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    It’s not at all what I’m proposing. That’s just your simpleton crutch because deep down you know how much of an asshole you are (in some respects). Wouldn’t be surprised if that’s part of what leads to the insecurity you so frequently show on here.

    I think you’re genuinely a good dude, for the record. Thus, why you protest so much in conversations like this. We all have aspects of our lives we’re uncomfortable with that are largely the result of functioning in a very imperfect society.
     
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  27. Paddy Murphy

    Paddy Murphy Well-Known Member
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    Lol.

    This is like two of those “we read a machine learning device 1000 pages of…” memes fighting against each other.
     
  28. BWC

    BWC It was the BOAT times, it was the WOAT times
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    There’s a reason for this. Landlords in modern-day communist countries have higher margins than any of you pissants on here could ever dream of.

    All of you suck. Which is why the red scare tic is hilarious in context.
     
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  29. Redav

    Redav One big ocean
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    That's fine. You're just not living down the stereotype when you have significant inherited wealth and you're complaining because people get a break from rent during a pandemic. I'm guessing that wasn't your objective.
     
  30. Redav

    Redav One big ocean
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    If being a landlord is so bad and not financially beneficial like why do you do it? That's the part of the argument that doesn't square.
     
  31. Tobias

    Tobias dan “the man qb1” jones fan account
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    “i love to do all this work and repairs and shit to barely break even”

    so you’re either lying or there is something more sinister going on (even if it’s subconsciously which :meh: )
     
  32. MiamiBeachCane

    MiamiBeachCane unobjective objectivist


    You should absolutely refinance your properties while the Fed holds the line.
     
  33. tylerdolphin

    tylerdolphin My spoon is too big
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    I'm pretty sure riner is the only person itt to claim they were not coming ahead by renting a property.
     
  34. Redav

    Redav One big ocean
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    There a definite a "I barely make any money of my properties" going on itt. If you do make money off of it, it kind of feeds into the opposing argument that you're profiting off a basic need.... soooo just say that and not try to pretend it's virtuous. You can't have it both ways.
     
  35. tylerdolphin

    tylerdolphin My spoon is too big
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    Yeah I mean everyone knows they're profiting off a basic need whether any landlord explicitly says so or not. My thing in here is that I haven't seen anyone propose an idea that addresses the need for housing that isn't tied to ownership. Clearly nobody is going to let strangers live in their property for no profit. Is massive government investment in low cost/free housing across the country being proposed?

    It's not virtuous. It's just providing a good/service for a profit like everything else. Someone makes a profit on virtually everything I need.
     
  36. Creighton

    Creighton Well-Known Member

    Doctors reading this thread :in-n-out:
     
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  37. NCHusker

    NCHusker We named our yam Pam. It rhymed.
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    Robust public housing driving down the incentives for dickheads to hoard property would be a good start
     
  38. tylerdolphin

    tylerdolphin My spoon is too big
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    And I'd fully support that. But that's not happening anytime soon so...I'm glad someone rented to me even if they made some money.
     
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  39. Creighton

    Creighton Well-Known Member

    Or in this instance, we could have just paid the landlords directly to keep people from being homeless.
     
  40. tylerdolphin

    tylerdolphin My spoon is too big
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    Most of us ITT would still rent from a private entity of some sort anyway even with a robust public housing system. Most middle class and up people aren't gonna opt to live in public housing. It'll kill off the slum lords though which is undeniably good.
     
    #290 tylerdolphin, Sep 22, 2021
    Last edited: Sep 22, 2021
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  41. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    This thread is great praxis
     
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  42. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    I agree.
     
  43. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    *Maoism intensifies*
     
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  44. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    Those who can’t.
     
  45. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    I actually have no issue with the eviction moratorium, it’s the bizarre elation that normal people will also suffer financially and somehow had it coming bc they chose to pursue REI as a side investment/career.

    The “profiting off needs” argument seems really subjective. The idea that there’s a subjective line/level of what constitutes a need, the arbitrary nature of who is or is not allowed to derive income/profit from it what bothers me.

    The lack of common sense/knowledge on how REI works (for the average person) is shocking. I just kind of took for granted/assumed any adult with a mortgage, or who has even shopped for or investigated getting one could extrapolate how it works for normal people, how thin the margins can be, the risk, time/work investment and what the payoff is, how it’s achieved, how long it takes to scale, realize gains, derive an income.
     
  46. ElectricDreamMachine

    ElectricDreamMachine he was on the colgate comedy hour
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    Calling it partly a lack of “common sense” is condescending as hell without any justification

    REI is extremely similar to any financial institution in this country in that it’s cloaked in deliberately obscure and hard to understand language—at least at face value. Yes, if you dig in you will find that it’s not as complicated as it seems, but what reason would most people have to do that?
     
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  47. Redav

    Redav One big ocean
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    More like private insurers who act as a middle man and provide little of value. Doctors would be more like the carpenters who built the house in this scenario.

    I mean think of basic needs like healthcare, food, clothing, broadband and how companies like Comcast, Amazon and Walmart are viewed
     
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  48. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    Bc most people are renters or homeowners?

    Fair enough on condescending, but fair assumption to think it was something people were tangentially exposed to by virtue of either being a renter, a home owner, and doing a cost/benefit analysis of renting vs buying, or just plain wondering as a renter, “how much does my landlord make off me?” Sitting down doing some Google research and napkin math, realizing a positive cash flow of a couple hundred bucks a month might not be worth the time/financial investment+risk for the first 10-15 years, definitely not enough to derive an income from immediately without scaling/leveraging up, understanding doing so assumes more financial risk and devoting more time/work, etc. The casual hand waving and confidence with which some on here attack people based on misconceptions and poorly formed assumptions - yeesh.
     
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  49. Creighton

    Creighton Well-Known Member

    Comparing a small landlord to someone like Amazon and Comcast is the problem here. It doesn't really fit and makes your argument look like you're just trolling.
     
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  50. Redav

    Redav One big ocean
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    Sure the profits are different but the idea is the same. There's going to be friction between those profitting and those being profited off of. No idea how that's trolling