Reply to Lease provision requires renter to pay a $100 "copay" for repair costs -- is this a thing?

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Reply to "Lease provision requires renter to pay a $100 "copay" for repair costs -- is this a thing?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is genius if legal. I'm just upset I had never thought of this. If you've never been a small landlord that's not local than you have no idea the frustration with getting a call from a renter about a plug going out just to fork over hundreds of dollars to an electrician to find out that the gfci tripped because of... If the landlord is a decent person than this is 100% to get the buy in from the renter to not abuse the situation and to use some common sense not a money grab.[/quote]

This is not genius. It's shitty. If you don't want to be a landlord, then don't be one. [/quote]

Yes. And the landlords complaining about tenants being home more thanks to WFH: You're not renting a room in a hostel. People are allowed to be in their homes, even if they do shocking things like open the refrigerator and turn on lights while they're there. [/quote]

This. A large percent of landlords have no business being landlords.

[/quote]

Look in Covid in my home my family started breaking everything. I went from my wife and me at work all day and two kids away at college and one at HS to 5 of us home 24/7 overnight. Faucets, dishwasher, toilets, fridge all at huge wear and tear.

Same thing happened to landlords. I did a new washer/dryer, fridge, oven and HVAC service between spring 2020 and 2022 in my rental unit. My tenant even texted when oven broke how she is now cooking for 4 3x a day 7 days a week. Vs. basically making dinner only 6x a week when all working.

So I of course things wear out quicker. Yes I replaced. But at same time it is a business and between all those repairs and freezing rent increase 20/21 landlords are jacking up rents big in 2022. [/quote]

This is such over the top crap. You keep complaining about having to maintain a rental property. That's what you're supposed to do as a landlord. [/quote]

I'm not a landlord but I don't understand the hostility.  The landlord in the above post is explaining facts.  It's not emotional or nasty.
S/he CAN afford to maintain their rental property - if they charge the tenants appropriately.  "Appropriate" would be covering all the costs of the property, such as mortgage and repairs.  And perhaps even a profit to the landlord.  I don't think that's evil.  It's the reason people get into real estate rentals.

Do you divest your portfolio of any REITS?  It sounds like you have a moral objection to landlords renting property.  Or is it only small, individual landlords who are evil?  And big corporate landlords are allowed to be profitable?

The emotion around this is just totally illogical.[/quote]

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