Landlords, when they’re organized, put some of the rent money aside for repairs, and don’t touch it until those repairs are needed. Profit, is the money they make on top of that.
Their rent prices are large enough, to both cover the entirety of the repairs, and make sure that there is even more money left over in the end, for profit.
“Sudden” repairs are neither unpredictable, nor chaotic. Houses, appliances, everything, can only last so long, and it’s easy to know how long the AC unit and the roof insulation is going to last, the estimates are right there when you buy the things.
I did. Where would the money for the sudden issues come from if you didn’t make a profit from the outset?
Landlords, when they’re organized, put some of the rent money aside for repairs, and don’t touch it until those repairs are needed. Profit, is the money they make on top of that.
Their rent prices are large enough, to both cover the entirety of the repairs, and make sure that there is even more money left over in the end, for profit.
“Sudden” repairs are neither unpredictable, nor chaotic. Houses, appliances, everything, can only last so long, and it’s easy to know how long the AC unit and the roof insulation is going to last, the estimates are right there when you buy the things.
And what happens if there aren’t repairs?