Roe vs Wade Overturned

#2,502
#2,502
0nelilreb said:
Odd one would think people would be outraged at googles ability to track every step they take in their daily life instead of being upset at someone that doesn’t care where they are .
Click to expand...

And he refuses to say why it matters in this particular case more than any other (because it doesn’t)
 
#2,503
#2,503
McDad said:
My rents have increased 3x the original amount since 2009. Am I greedy? Am I taking advantage of people?
Click to expand...

Only if your goal when you invested was to lose money or try to get one of those freedom medals like Joe and half of the celebrities have .
 
  • Like
Reactions: McDad
#2,504
#2,504
DonjoVol said:
I didn't say you were justifying it based on scripture. I'm asking you or anyone else who might be religious to justify it based on that and explain why it's morally right. I believe at this point even you know it's not. Once again greed itself is not justified in any scripture anywhere. If it is please let us know.

A 2 to 3 percent annual increase over the years I can understand. That would put the rental prices in this area at $700 to $900 a month range. But 6 to 7 percent annual increase each year is a bit too much. A 50% annual increase in one year is way too much. At that point they are taking advantage of people.
Click to expand...

You realize too the S&P500 has tripled since 2007 right? So why is it bad that rent has tripled?

It seems inline
 
#2,505
#2,505
0nelilreb said:
Only if your goal when you invested was to lose money or try to get one of those freedom medals like Joe and half of the celebrities have .
Click to expand...
My goal is to prepare for my retirement and leave something for my family.

I'm very curious to discover if I'm greedy and taking advantage of others.
 
  • Like
Reactions: GroverCleveland, tbh, 0nelilreb and 1 other person
#2,506
#2,506
McDad said:
My goal is to prepare for my retirement and leave something for my family.

I'm very curious to discover if I'm greedy and taking advantage of others.
Click to expand...

Here’s my question for you, how do you feel about real estate long term? I worry that so many people are getting in, that we will see margins continue to shrink.
 
#2,509
#2,509
Vol8188 said:
Here’s my question for you, how do you feel about real estate long term? I worry that so many people are getting in, that we will see margins continue to shrink.
Click to expand...
No concerns at all in mid TN for long term. My definition of long term is 15+ years. I am actively expanding (renos, lease/purchase, and development).
Better, or as good, margins with much less hassle are available via index funds though.
 
  • Like
Reactions: Vol8188
#2,510
#2,510
McDad said:
My goal is to prepare for my retirement and leave something for my family.

I'm very curious to discover if I'm greedy and taking advantage of others.
Click to expand...
I’m pretty sure you’re going to hell…😳
Landlord system morally unethical, contribute nothing to society
First things first, landlords in general are greedy.
While a tenant must work extra hours to receive a higher income, landlords can simply raise the rent and acquire more properties to rent out, creating an endless cycle where the rich get richer and the poor get poorer.


“[A landlord] takes advantage of the tenant like a parasite while not helping the tenant,” Nagarakanti said. “Although [the landlord provides] housing, the housing cost doesn’t correspond to the quality of the housing available in regards to space and immunities.”
 
  • Like
Reactions: marcusluvsvols, Orangeburst and McDad
#2,513
#2,513
McDad said:
4 of my 6 units are not under contract. Tenants are month to month. Why aren't the protesting my greed and exploitation by moving out?
Click to expand...
Without knowing the specifics of each individual situation then I cannot speak for them.

Have the incomes of your tenants tripled since 2009?
 
#2,514
#2,514
Carl Pickens said:
I’m pretty sure you’re going to hell…😳
Landlord system morally unethical, contribute nothing to society
First things first, landlords in general are greedy.
While a tenant must work extra hours to receive a higher income, landlords can simply raise the rent and acquire more properties to rent out, creating an endless cycle where the rich get richer and the poor get poorer.


“[A landlord] takes advantage of the tenant like a parasite while not helping the tenant,” Nagarakanti said. “Although [the landlord provides] housing, the housing cost doesn’t correspond to the quality of the housing available in regards to space and immunities.”
Click to expand...
I would charge this guy double fair market rent as a dumbass tax.
 
  • Like
Reactions: GroverCleveland, marcusluvsvols, SpaceCoastVol and 2 others
#2,516
#2,516
DonjoVol said:
Without knowing the specifics of each individual situation then I cannot speak for them.

Have the incomes of your tenants tripled since 2009?
Click to expand...
You can't speak for them? You're just being modest. You spoke for me with an equal (or less than) amount of specifics.
Surely with no penalty and a sincere "pleasure doing business with you" from me they would leave an exploitative relationship???
 
  • Like
Reactions: GroverCleveland, marcusluvsvols and RikidyBones
#2,518
#2,518
McDad said:
No concerns at all in mid TN for long term. My definition of long term is 15+ years. I am actively expanding (renos, lease/purchase, and development).
Better, or as good, margins with much less hassle are available via index funds though.
Click to expand...

Last question, how’s your luck been with section 8? I’ve heard surprisingly good things from most landlords I know
 
  • Like
Reactions: marcusluvsvols
#2,519
#2,519
McDad said:
My rents have increased 3x the original amount since 2009. Am I greedy? Am I taking advantage of people?
Click to expand...
You’re providing access to a basic need at a price the current market dictates. You took the financial risk of buying the properties, you’re responsible for their maintenance, taxes and etc…..they are yours and you can charge whatever someone is willing to pay IMO…. You’re not operating homeless shelters
 
  • Like
Reactions: marcusluvsvols, MemphisVol77, McDad and 1 other person
#2,522
#2,522
Vol8188 said:
Last question, how’s your luck been with section 8? I’ve heard surprisingly good things from most landlords I know
Click to expand...
Tried that about a decade ago. Wasn't for me. There is much corruption in that system. Tenants expect landlords to lie and affirm tenants are paying their portion even when they aren't. Because most (almost all?) LL will accept state money as full rent. The administrators were professional and helpful...which surprised me.
 
  • Like
Reactions: Vol8188
#2,523
#2,523
DonjoVol said:
Very few jobs start out at minimum wage now. Servers start out less than minimum wage but their tips help bring them well above minimum wage. Which is why if I'm going out to eat I'll tip well as long as the service is good and can tell the server is giving their best effort. If they are making good money they are likely to stay in those positions longer.

Companies are starting out their food service delivery drivers at usually more than minimum wage now due to the fact that it's hard to fill those positions.

Many people working in restaurant and retail are now making more money in those jobs than they would let's say working for a call center or working an entry level or even an experienced administrative position. I saw where Buccees even pays their employees well plus has 3 weeks paid vacation.
Click to expand...
The entire minimum wage conversation was transitioned to living wage. Minimum wage shouldn’t be confused with living wage and that’s where the campaigning by Bernie led to $15 an hour. I don’t disagree with the minimum being increased to help blunt the cost of the rise but it’ll come at some companies potentially hiring less and quality of service.
 
  • Like
Reactions: MemphisVol77 and Orangeslice13
#2,524
#2,524
DonjoVol said:
Many are still paying less than minimum wage. But if the server is making $20 an hour then it's no big deal.

You are right there is still the staffing issues. Which is why I've previously stated it's better for many restaurants to run using smaller crews and focus on paying the ones willing to stay a better wage. Wages could have been higher in this industry 5 to 10 years ago as well.

I agree with you completely on food costs increasing the past year.

This is a little off topic but I'll also mention the drug overdose problem our country is still facing. Many people who die of drug overdose are between the ages of 18-40. This is a lot of working class people. Then you combine this with the number of homeless people, many who are at the age they can work, and you can see why we have a labor shortage in this country. Those are just 2 factors that contribute to this.
Click to expand...

Just for clarification
Restaurants are not paying less than minimum wage. That would be illegal. Minimum wage for servers is set lower by law than minimum wage for everyone else.

Carry on
 
  • Like
Reactions: McDad
#2,525
#2,525
Carl Pickens said:
You’re providing access to a basic need at a price the current market dictates. You took the financial risk of buying the properties, you’re responsible for their maintenance, taxes and etc…..they are yours and you can charge whatever someone is willing to pay IMO…. You’re not operating homeless shelters
Click to expand...
Hey man, we're both married. This sweet talk is a road to nowhere.
 
  • Like
Reactions: GroverCleveland, MemphisVol77 and Carl Pickens
New posts
You must log in or register to reply here.

VN Store



Back
Top