https://opencollective.com/jellyfin

I don’t know why you’re getting downvoted. I set up Jellyfin like a month ago and it took about two minutes.

Kamala Harris comes out swinging…

…Harris has blasted the Supreme Courts decision…

…on a call with nonprofit…

Journalism is dead

Lol, posted a link before I saw your comment. Absolutely textbook FAS face. Not trying to be ableist, but maybe people with intellectual disabilities shouldn’t be in government?

https://en.wikipedia.org/wiki/Fetal_alcohol_spectrum_disorder#Signs_and_symptoms

H&R Block

You had netball courts? Hmph. Luxury.

We were lucky to have a fishnet and a rock!

You gotta wring out the mop into the bucket

It’s absolutely relevant if you know how a mortgage works. Payments are ~75% interest in the first decade. I’m not going to have enough equity at that time to make a profit after all the money I put into the house. I’m looking at a $50k loss if the market stays steady. Still cheaper than renting, though.

Yes, my tenant subsidizes my living costs. That’s the point of a duplex. I set the rent at what I thought was fair, given my expected losses and the work I put in.

There’s no shortage of housing here. If my tenant wanted to, he could buy a house right now. He’s waiting until he retires, specifically because he doesn’t want the responsibilities of home ownership while he’s still working.

That’s not true at all. Not only is it expressly outlined in our lease agreement, there’s plenty of laws regarding landlord obligations and renters’ rights. If I don’t uphold my end of the lease, my tenant absolutely has legal recourse. He can sue for rent and I could get fined for each day the home doesn’t meet requirements.

Your name is MidsizedSedan but you can’t drive??

The Industrial Revolution Internet and its consequences have been a disaster for the human race

jUsT aSkInG qUeStIoNS

This exact scenario has been happening since the industrial revolution.

You’re smart, I like you. Can we be friends lol

Or I could make it an Airbnb! Screw my tenant and my neighbors, too!

Do you know what a mortgage is? It’s a 30 year, essentially rent-to-own contract. Neither of us are planning on living here that long. My tenant isn’t planning on living that long. And even if I owned it outright, I’d be paying property tax and insurance.

Sure, I could come out on top financially. I’m definitely not going to turn a profit but it might be cheaper than renting an apartment in the long run. And in the meantime, I take on all the risk and responsibility until I move and sell the house.

Not everything is a capitalist grift. I’m just trying to get by.

So you think I should split the mortgage 50/50 and be responsible for 100% of maintenance?

Home ownership is so, so much more than a mortgage. In the past five years, I’ve replaced a sump pump, a water heater, both furnaces, garage door, chimney flue, garbage disposal, several windows, along with remodeling my tenants entire kitchen while mine looks like ass.

If my tenant’s HVAC breaks, should I replace it, or tell him that’s his responsibility now? Should I tell him he has to mow the lawn and shovel?

My tenant is in his 60s. He wants to live in a nice house with a yard. He doesn’t want to be responsible for upkeep, so he pays me to do it instead.

But I guess I’m no better than a private equity firm that buys entire neighborhoods just to raise rent and increase shareholder value.

Can y’all see some nuance here? The problem isn’t the landlords. It’s the system.

I believe housing is a human right. Housing shouldn’t be a for-profit business. But for better or worse, it’s one of the best investments possible. And the system makes it incredibly difficult to buy a home in certain circumstances, especially on short notice.

My parents helped me buy my first home because I have shit credit. I’m single, I don’t need a ton of space, but there aren’t many small houses with decent yards (I have dogs) on the market.

We decided to go with a duplex so I could have another source of income to pay for twice the house I need. And yeah, I charge my tenant well over half the mortgage.

I also do yardwork, snow removal, maintenance, and I pay out of my ass when anything breaks because I have an obligation to provide for my tenant and I take that seriously.

So do you think I’m a piece of shit for being a landlord?

Edit: apparently none of you know how a mortgage works. When you start paying it off, it’s nearly all interest. If I sell in five years, I will have paid about $80k in interest for maybe $30k in equity. Factor in the $70k+ I’ve already spent on renovations and maintenance, that’s over $120k that I have to try to recoup just to break even. And the way the market looks, I’ll be lucky to get $50k over the purchase price.

In the end, I’m basically leasing from the bank. They’re making all the profit, I’m just trying to offset my living costs. Yes, that means my tenant pays and gets no equity. He also takes on no risk or responsibility.

None of those have testosterone in them. It’s a bullshit herbal supplement that’s probably harmful and definitely doesn’t raise T levels.