I hate when people say they are ‘losing’ money if the rent doesn’t cover the mortgage / taxes.
No bitch, you’re getting $2k a month outta me thats going into your equity. If you gotta chip in $500 to get my $2k you aren’t losing $500 a month.
Edit: just to clarify, I’m not saying they shouldn’t charge more, but fuck the losing money narrative if rent control or something else changes the situation.
I hate when people say they are ‘losing’ money if the rent doesn’t cover the mortgage / taxes.
No bitch, you’re getting $2k a month outta me thats going into your equity. If you gotta chip in $500 to get my $2k you aren’t losing $500 a month.
Edit: just to clarify, I’m not saying they shouldn’t charge more, but fuck the losing money narrative if rent control or something else changes the situation.