this post was submitted on 11 May 2026
1076 points (98.7% liked)
me_irl
7631 readers
3736 users here now
All posts need to have the same title: me_irl it is allowed to use an emoji instead of the underscore _
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Revenue for repairs and sudden issue is still breaking even, the point of profit for landlords is to well generate profit on the bottom line.
A landlord is almost always making money even if they are just "breaking even" on the mortgage.
If the landlord is still paying for a mortgage, the profit goes into their equity gain.
Once the mortgage is paid off, the profit goes into the landlords pocket.
This is how many people get started being parasites on society. They have other people pay the bank while they gain the assets of their labor.
You'll have to have some profit if you want money to pay for the repairs and sudden issues without it being from your pocket.
Did... You read their comment?
I did. Where would the money for the sudden issues come from if you didn't make a profit from the outset?
Landlords, when they're organized, put some of the rent money aside for repairs, and don't touch it until those repairs are needed. Profit, is the money they make on top of that.
Their rent prices are large enough, to both cover the entirety of the repairs, and make sure that there is even more money left over in the end, for profit.
"Sudden" repairs are neither unpredictable, nor chaotic. Houses, appliances, everything, can only last so long, and it's easy to know how long the AC unit and the roof insulation is going to last, the estimates are right there when you buy the things.
And what happens if there aren't repairs?