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This is awkward, but I actually am a landlord. From my experience, it's not much work and is very profitable, compared to other investment options. Hoping to st
by Joeboy 6y ago
This is awkward, but I actually am a landlord. From my experience, it's not much work and is very profitable, compared to other investment options. Hoping to stop being a landlord fairly soon, although Covid-19 has put a bit of a spanner in the works.
- ben_w 6y agoLikewise on both counts. I couldn’t take the flat with me when I moved from Cambridge to Berlin.
- macspoofing 6y agoNot awkward at all. Between the capital outlay (and the opportunity cost, and associated risks of that deployed capital), and the work you're doing - it's effort. It's not easy. Put another way, if it was easy money everyone would be doing it ... and yet, people find other places to put their money in. >Hoping to stop being a landlord fairly soon Too easy?
- Joeboy 6y ago> Too easy? Not exactly, but it feels kind of vampiric. I bought the house with sitting tenants a few years ago without really wanting to be a landlord, and they're still there (strictly speaking the people they sublet to are still there). They're apparently planning to move out soon but obviously everything's on hold for the moment.
- dwaltrip 6y agoWhy do you want to stop?