Delete comment from: Captain Capitalism
Excellent article Cappy - I have been a landlord for 16 years. Tenants ALWAYS resent paying rent because they KNOW, JUST KNOW, THAT SOMEHOW YOU ARE SCREWING THEM BY MAKING A PROFIT. This mood has worsened considerably after the last election.
I had a 10 year tenant whose rent had increased from $800 to $845 per month over ten years. This " Bernie Sanders with a vagina " just knew I was screwing her by raising the rent. " Bernie Vagina " started sending me insulting emails that the place was not worth the rent charged. She also started referring to me as a " one percenter " who "takes advantage of little people" I make about 50K per year and will never be in that bracket.
This shit continued until she cussed me out for asking for the late fee when the rent was paid late. I gave her 30 days notice to move, which is legal on a month to month lease. Bernie left the place filthy beyond imagining and whined that she could only afford a 2 bedroom instead of my 4 bedroom for $845 per month :-) I was scraping strips of hardened urine off the tile around the toilet with a putty knife, thinking that there had to be a better way.
My rental is now handled by a property manager. They charge $1050 per month rent and keep $105 per month to deal with tenant insults and filing for eviction to force payment. My current tenant HATES the landlord because he filed for eviction 6 times last year when she did not pay the rent :-) The tenant knows me as " the little gray haired maintenance man " who fixes stuff, not, the EVIL LANDLORD.
Nov 10, 2017, 5:48:40 PM
Posted to Why Profit is Necessary