• Isoprenoid@programming.dev
    link
    fedilink
    English
    arrow-up
    21
    arrow-down
    2
    ·
    edit-2
    1 year ago

    You should be spending 1% of your homes value on maintenance each year, which many people don’t/can’t budget for.

    Yeah, that money comes from the rent that the tenants are paying. This isn’t rocket science, it’s financial competence.

    If you’re a business owner, but can’t budget in expenses then you’re a bad business owner.

    This is the reason why some people recommend we have a landlord licence. We’re playing with people’s living conditions here.

    the ever growing list of maintenance tasks is getting exhausting.

    This is why some landlords delegate those tasks to other people (e.g. tradesmen, property managers, etc).