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7 points

Your mistake is in framing landlord as a job.

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3 points

Owning a property is not a job but maintaining one can be. If you don’t own the property then that’d just be called being a janitor.

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3 points

Janitors are cleaners. Typically the people who maintain apartments are called maintenance workers, handymen, or (old fashioned) superintendent. Sometimes property manager, if they also handle renting it out.

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3 points
*

We often just call them janitors here, I bet the vernacular changes from place to place. But cleaners are often separate, janitors do maintenance work and cleaners do cleaning work

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3 points
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Definition of janitor:

one who keeps the premises of a building (such as an apartment or office) clean, tends the heating system, and makes minor repairs

https://www.merriam-webster.com/dictionary/janitor

a person employed to take care of a large building, such as a school, and who deals with the cleaning, repairs, etc.

Or

a person whose job is to clean and take care of a building

https://dictionary.cambridge.org/dictionary/english/janitor

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0 points

Try your hand at maintaining a property other than your residence. I sure as hell can’t keep up with my own home, let alone another.

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2 points

I worked in a grocery store, a bar, a coffee shop, a restaurant and a big retail store, so yeah — I’ve “maintained” a property before.

Also, I have called maintenance many times in my life, ive literally never met a landlord. In fact the only time I ever interacted with a landlord was when I was hospitalized and lost my job, and was late paying my November rent because I was unconscious and my landlord text me that I had ruined his family’s Christmas 👍

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0 points

I worked in a grocery store, a bar, a coffee shop, a restaurant and a big retail store, so yeah — I’ve “maintained” a property before.

In what position? Did you fix the refrigerator when it broke down? Or did you call a repair company? Did you choose the repair company, or call a pre-approved company? How many quotes did you get before hiring the repair men? Was it prepay, or post pay billing or what? Did you handle licensing and permits and annual inspections? Did you fix the plumbing when it broke? Did you manage the building leases and speak with the property owners? Did you create a budget for repairing? What kind of depreciation schedule did you use? What did you do when the pipes froze?

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2 points
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The landlord doesn’t do all repairs themselves, they pay someone to do repairs. Most regular maintenance of the property is the responsibility of the tenant. That’s why people treat investment properties as passive income, because effectively they are.

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2 points

It really depends on the landlord. I’ve had landlords who did some repairs.

Most people treat it as passive income they spend less than 14.4 hours per week on it, which means the IRS categorizes it as passive income.

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0 points

That’s the job of the handy man. If the landlord is too cheap to hire enough staff for his company, then he has multiple jobs.

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0 points

If the landlord is too cheap to hire enough staff for his company, then he has multiple jobs.

Like a small business?

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1 point

Really wonder why its a multi billion dollar industry just operating off the kindness of landlords, you think they would have pulled out by now with their massive intelligence.

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0 points

You’ll be downvoted but you’re correct. Being a (good) small time landlord for affordable housing is a full time job as well as basically being on call 24/7. Unfortunately when a corporation does it, it has the power to bleed everyone dry.

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-1 points

good

landlord

Pick one

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0 points

Well my landlord is some foreign company, they pay a local maintenance company which manages the apartment. Of course the costs come back to me as the renter. Now the landlord gets free money just because they had enough cash to buy the apartment in the first place. And when they are done printing money, they’ll just sell the apartment for more than they bought it before.

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3 points

maintaining a property

Your mistake is in framing “owning a property” as “maintaining a property”.

I sure as hell can’t keep up with my own home, let alone another.

This is exactly the problem. Many people will rent out their building, and not be up to the task to keep it habitable.

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