Probably because they don’t have the capital necessary to become a landlord in the first place. If you have enough money, being a landlord requires literally no work at all.
I guess getting that initial capital required no work at all either.
Why don’t they just get that initial capital if it’s so easy.
Unless someone was born with money, the argument against non-corporate landlords (97.5% of single family homes are owned by non-institutional investors) is nonsensical, because those owners had to work for the initial capital.
For single family homes, I disagree. Property management is around 10% and you’re not going to build wealth quickly by giving that much off the top if you only operate a couple rentals.
Probably because they don’t have the capital necessary to become a landlord in the first place. If you have enough money, being a landlord requires literally no work at all.
I guess getting that initial capital required no work at all either.
Why don’t they just get that initial capital if it’s so easy.
Unless someone was born with money, the argument against non-corporate landlords (97.5% of single family homes are owned by non-institutional investors) is nonsensical, because those owners had to work for the initial capital.
For single family homes, I disagree. Property management is around 10% and you’re not going to build wealth quickly by giving that much off the top if you only operate a couple rentals.