4 ms·
I have never understood that attitude. Isn't the ability to deal with broken pipes literally part of your job as a landlord? It's like buying a restaurant when
by tetromino_ 2y ago
I have never understood that attitude. Isn't the ability to deal with broken pipes literally part of your job as a landlord? It's like buying a restaurant when you don't like to cook and don't like to process orders - why would you do that? If you don't like your business's business and want to outsource your core competencies, maybe invest in an index fund instead...
- pavel_lishin 2y ago> It's like buying a restaurant when you don't like to cook and don't like to process orders - why would you do that? It may surprise you to learn that restaurant owners often hire cooks & wait staff.
- krapp 2y ago>Isn't the ability to deal with broken pipes literally part of your job as a landlord? It's like buying a restaurant when you don't like to cook and don't like to process orders - why would you do that? Because you want to make money. You hire someone to do that shit for you, and you sit back and cash checks. Most people who own restaurants don't like to cook or process orders, either.
- lesuorac 2y agoTurns out, a lot of Americans aren't actually the fans of capitalism they think they are.
- taurath 2y agoThat it’s economical to hire somebody else to manage it while you both make an increasing profit as rents rise and have your assets appreciate alongside it really goes to show how extractive the process is and how much the cost of rent is inflated in order to protect investment return.
- thunky 2y agoWhy would you assume a business owner gets personal satisfaction from their business? They do it because they believe the effort and risk provides a decent reward compared to other available alternatives.