The obama squatter squad, they have the right to free habitation. How dare you make a profit
“The obama squatter squad, they have the right to free habitation. How dare you make a profit”
Profits are hard to come by if you own in an area with rent control; tenants demanding repairs that couldn’t be covered by rents, the inability to charge higher rents for upgraded/improved apartments or higher property taxes, etc.
The landlords I know can do most of the maintenance themselves (with the exception of some of the more complcated electrical), and they own building that are in towns without rent control.