Hacker News new | ask | show | jobs
by jl2718 1896 days ago
I think their main advantage is in lease enforcement. Big REITs spend way more on repairs and they charge more, simply because they can. A small landlord has no recourse and will get wiped out by damage and eviction costs. Bad tenants know this, and they know how to use fair housing law to get what they want. Owning rental property is a great way to spend your life on other people’s problems.