nathanaz t1_ja8v5l3 wrote
Reply to comment by Linenoise77 in Who here owns residential and rents it out? thinking of buying a two-family in Rahway as it is getting very cute there. by [deleted]
Yeah, I hear you. I don’t lease property to anyone, but I think I have a decent understanding of the business model, and I don’t think most of the people who express the ‘landlords are evil’ sentiment understand that landlords are risking their personal capital (in the case of non-corporate owners) so there has to be an incentive (profit) or nobody would ever do it.
I definitely believe that there are tons of unethical landlords and tenants, too. We thought about buying a duplex or triple as an investment but I just didn’t want to deal with all the headaches, such as the things you mention above.
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