• 0 Posts
  • 14 Comments
Joined 3 years ago
cake
Cake day: May 2nd, 2021

help-circle


  • I think it’s both?

    1. Send link to her but it doesn’t work because it’s only available on the local machine
    2. Show the website by first opening the downloads folder then clicking the website

    You can bring your device to people. Most people use laptops now instead of desktops






  • Don’t make your problems everyone else’s.

    You can just buy a REIT.

    Imagine the contractor that works for a REIT. Should they get full rent because they broke their the same way as you? Or hourly, just like my roommate?

    You get the rent because you’re a landlord, not because you work hard.

    If working hard on a property, instead of owning it, meant getting all of the high rents then the REITs’ contractor should be collecting rents instead of the REITs but that obviously doesn’t happen.

    Don’t defend landlording. Oppose it, you can still be one, but just oppose it.

    Would you make the same if you sank all of your money in investments and work a second job as a contractor? Same story but different results?

    If you had long term tenants and but they owned the property but contracted you? You would still work hard and be compensated for the work isn’t that enough? If the work the justification for your rental income then why not just be a contractor instead of an owner? And better yet leave the owning part to the people who live there.



  • You’re solution doesn’t solve the thing you’re trying to solve.

    E.g.

    There is a “mom & pop” landlord with just 10 properties. But they don’t purchase anymore. Now there are 1000 such landlords. The landlords all incorporate and create a REIT that owns 10,000 homes. You have created a “megacorp” through just “mom and pop” landlords.

    What is the difference?

    The true answer is the abolition of landlords in favour of housing coops and community land trusts.

    To prove a point to you I’ll ask you a question.

    What is the difference between the goal of small landlords vs REITs and “megacorps” represented by row 4 of the graph found here?:

    https://www.smalllandlords.org/about-small-landlords/

    The group is a small landlord group from my city.


  • I don’t have a problem with the players necessarily, just the game.

    I’m lazy so I invest because I don’t want to deal with being a landlord. Anyone who chooses to be a landlord deserves no sympathy. They chose to be a landlord instead of investing. You can get easy R.E. exposure by just being R.E.I.T.s so any extra work is your problem. On top of that landlords expect extra respect for something that REITs do. It’s all the same game so all should be looked down upon.

    Wanting to play as a boot when the game rewards playing the boot is ok so long as you advocate against the boot. But a lot of these people glorify the boot and try to become one sooo bad and for that, all of them can have the death penalty on them.

    In short, want real estate? REITs, do you want to become a boot? Invest. But most importantly of all, be a boot abolitionist. If you’re a boot defender then you rightfully get criticism.

    I think your saying doing something physical is better than through an app. It makes no difference. It’s all the same. But I do agree more awareness needs to be had with REITs. The solution is not to go easy on landlords but rather to go hard on REITs.