Quote:
Originally Posted by llwhiteoutll
I'd be willing to bet that when the market corrects itself and the shoe goes back on the other foot, renters won't care if the landlord is taking a loss.
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If you're a landlord and operating a technical loss (that is, you are literally spending more cash to keep the place from being boarded up than you make in equity/cash) you probably shouldn't be a landlord.
It's like people think equity isn't worth anything.
"You're paying for me to own a piece of property along with the building on it, you should be paying me more than that you horrible scrubs."