4 ms·
Huh? I have no reason to care about staffing or capitalization. Those aren't my concerns. Those concepts are beyond my purvey as a tenant. I care only about
by ssl-3 11mo ago
Huh?
I have no reason to care about staffing or capitalization. Those aren't my concerns. Those concepts are beyond my purvey as a tenant.
I care only about timeliness. My entire relationship any landlord is that of paying money, and receiving housing and services relating to that housing.
When the aircon dies and it takes weeks of pestering for the corpo entity to address it, that's a problem for me that changes the way I view the world in a negative way.
When the aircon dies and it's fixed the next afternoon by the action of some dude who owns some apartments, then I don't really have anything to complain about at all. There was a problem and it was in the past almost as soon as it was discovered.
- raw_anon_1111 11mo agoCapitalization is your concern because if your landlord is pinching pennies barely scraping by they take shortcuts and slow walk repairs. If they lack staff, they don’t have repair people on site that can fix things.
- ssl-3 11mo agoSo either I'm telling the truth, or I'm a filthy liar that was sent on behalf of Little Individual to screw with y'all. Which possibility might your exquisitely-refined sensitivities detect to be the most likely?
- raw_anon_1111 11mo agoNo I’m saying given a choice between working with a company that has 500 units an onsite staff and on call repairmen and Billy Bobs one person operation, statistically you are more likely to get better service from a professionally managed complex.
- ssl-3 11mo agoAnd anecdotally, my lifetime of experience so far does not support that conclusion at all. I'm an outlier; I understand that most rentals in the US are not owned by individuals, but instead by [large-ish] corporations. I understand that it is impossible for my experience to be broadly shared.
- raw_anon_1111 11mo agoI was the under capitalized landlord with $500K worth of mortgages between my house and two rental properties in 2008 before the financial crisis and making only $70K a year. As were most real estate investors back then. And the reason I ended up back in an apartment for four years from 2012-2016. And during those years I was fortunately in my mid to late 30s and could afford to stay in nice apartments in an upper income suburb of metro Atlanta.