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by nikkwong 2 hours ago
I just try to be the landlord that I would want to have. I respond to my tenants quickly, always give them concessions, let them pay late, or at a discount when they’re struggling, referred them to work at my companies, etc, etc. it’s not all about the money, it’s also being a good member of the community, for me. This is in contrast to a corporate landlord where your $1500 disappears into a void every month.
2 comments

That’s awesome. When I was growing up my parents were denied housing because they had too many kids and were almost homeless one time until a nice landlord of the same religion agreed to rent to us. Please take your responsibility seriously as it seems you do.

That being said there are “professional” tenants that try to scam the system to the detriment of landlords and other tenants. I would fully applaud resistance to their efforts to take advantage of the system.

Look, I'm sure you're a nice person and a better landlord than many corporate landlords; and trying to do well.

I'm genuinely glad you're trying, and helping your tenants when you can; but I think you've drunk a bit too much of your own kool-aid.

From perspective of your tenants, that money still goes into a void, no matter how nice you are.

I literally want to have a landlord. They provide a valuable service. I could afford to buy the places where I rent but actively avoid it.

The idea that landlords don’t provide a valuable service is a kind of willful denial of reality.

Maybe. But I had a landlord triple my rent in NYC because he wanted to sell the unit. I didn’t want to move but had no option.
Much of the land in New England / northeastern USA was apportioned to proprietors without any service rendered, plus squatting on grandfathered regulations that no one else can take advantage of. The actual improvement is a service, but commonly it's something like a shithole house where the physical manifestation of the improvement is like 10% of the real estate value.

In someplaces like Kansas where people actually mixed their labor with the land (homesteading) to claim it and then improved it and the title transferred in capitalistic exchange, landlords are basically 100% providing a service. But in New York very little of the "value" provided has anything to do with services and labor mixed with the land as someone like Adam Smith envisioned as value generation. It's largely just some proprietor being handed land in the 1600s with the wand of a King, taking the shit by violence, then making regulations out the ass with violence (to make their shithole house pretend to provide a more valuable 'service') and then exempting themselves via grandfathering and then people exchanging title for same. Their service is a legacy of beating the shit out of Indians with weapons and then the populace with government and then allocating the value to themselves.

What exactly are you asking for? They clearly are expressing empathy for others’ situations.

I live in a managed building that is completely soulless. I needed to extend my lease by one month before moving out. They wanted me to sign a new 12 month lease at a higher rate, break it, and pay a two month penalty for terminating early. This took over a month to get to something remotely human.

There is absolutely a difference between someone treating people like people and bad landlords.

Also, they aren’t throwing their money into a void. They’re literally getting housing.

“Money into a void” is the exact phrase that the _person I’m replying to_ used when comparing themselves to a corporate landlord.
What are you basing your judgment of OP on? He is listing various ways he goes above and beyond for his tenants even though he certainly doesn't have to. Your credit card company doesn't waive your late fees, yet he does when he knows tenants experience hardships. That's pretty awesome.

Also, the money doesn't go into a void: Tenants receive housing in return.

What judgment? I literally wrote that they’re a nice person!

“Money into a void” is the phrasing _they_ used!

> but I think you've drunk a bit too much of your own kool-aid

That (rather judge-y) part negates the "nice" part your started out with. I don't think OP "drank too much of his own kool-aid", he simply listed all the nice things he does for his tenants, which are great and well beyond what you could expect from an unrelated party in a contract for a service.

Yes, and then what was their last sentence?