• Cobrachicken@lemmy.world
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    16 hours ago

    TY. Someone needs to do the math on this, because I assume it would net more to rent all if you own >100 properties, and would not make a difference if less, depending on the city size ofc, especially when you leave the majority empty.

    • ddplf@szmer.info
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      13 hours ago

      I assure you the math has been done

      It’'s really not all about raw profit, it’s also about risk assessment. There is always a risk of significant damage to the property which would cost more to repair than it brought from rent. There’s also a risk of not being able to evict the non-paying tenant, which basically locks you out of your property for years.

      We all hate landlords, I hate them with burning passion, but we gotta be honest here - the tenant is a hardcore-tier client type.