Hacker News new | ask | show | jobs
by pavel_lishin 4536 days ago
Leases almost always have a provision for breaking them, typically with 2 months payment as a penalty fee.

So you're guaranteed some income, but all of your tenants can leave at any point.

1 comments

As opposed to full time jobs, that can fire you at will and you might get two weeks termination pay?
That's the real kicker for me, the idea that being currently employed under a W2 means anything for future earnings. That is a very outdated concept, IMO.
It's not as strong of an indicator as it was in the past, but if you have years of track record with your employer you probably will keep getting that paycheck in the future- and if you get fired, you can probably find a new job.

Not a perfect signal, but it's not like there actually is a perfect signal to be had.