Maybe a class where bullies get the same shit they do, done to them. Testicle for an eye. Or however it goes

Probably 3-5"

I divide whatever the weatherpeople say by 2. So yeah I'd guess 2.5" to 3"

I was waiting for an elevator at Claridge to go to their rooftop bar. A lady comes out of the elevator pushing a human-like figure in a wheelchair with a garbage bag over the head. Still not sure if it was a body or a mannequin. Either way, bonkers.

Acab

Didn't say anything about money. But . . .

In 2022, NJ spent $29.8 billion on K-12 schooling.

The most recent data I could get for Norway was 2020. They spent about 10% of their GDP on education. This amounts to about $36 billion.

Are you implying that landlords act as some kind of insurance?

It's not like the house would languish on the market unless a landlord came along to buy it and rent it out. Inventory is super low, and sellers are going to naturally take the easiest buyer with the most money, so you get cash buyers unaffected by interest rates. Meanwhile, families who saved for years are losing buying power because of rising interest, thus having to save longer and missing out on a home.

Landlords are not heroes or victims.

I'm not talking about a business either. There are risks in buying vs renting and I'm curious how you factor that in, because the way you speak is so staunch in the present that you don't seem to factor for the future.

It supposed to rain afterwards so not sure it will stick.

We're not talking about a business selling widgets capitalizing on an arbitrage opportunity. We're talking about housing, shelter, basic human needs.

It's like asking "how do you factor in the holding risk for water", the question you should be asking is "why the hell is there risk for this to begin with?"

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Does he know they are scammers? You use the word “habit.” What does he get out of it?

Having someone declared incompetent is complex, and you need a lawyer.

In the meantime could you swipe his phone and get the scam numbers blocked on it? It seems like stopping him from even receiving the calls is key.

Its reddit so its just the loudest voices.

As i said below, if someone pays their rent on time every month, for 12 months, i make EXACTLY 1 month in rent "profit" after paying our note, taxes, insurance, accountant, and putting aside money for capital repairs. My place sits vacant for 2 months, i'm out 2 years of that profit. One tenant trashes the place, and i'm out a multiple of that, and yeah, have fun trying to collect against a person like that.

The real money is in the equity, but even then, when you consider the liability and expense and time sink a small time landlord puts in, unless they are trying to time the market and play the long game, they are better off going to AC and playing blackjack. If they are playing the long game, there are honestly plenty of things i can expect to see the same return on by just setting and forgetting it over 20-30 years.

Real estate SHOULD be just a way of diversifying your investments. Its possible to be an honest and ethical landlord, and i like to think of myself as one, but more and more i'm finding most tenants aren't willing to return the favor. You don't think i know you have 2 cats when the lease said no and you couldn't have even bothered to ask me? That the person you are dating basically lives there when the lease says no? The oil stain on the drivway came from you trying to shadetree oil change your car?

i've seen a seagull snatch an entire piece of pizza from someone's plate on the boardwalk when i was there over the summer

over the years, the drunk belligerents getting kicked out of the night clubs used to be entertaining

How do you factor risk into your assessment?

Los Tacos #1 right in the middle of Times Square might be your best bet

Was waiting for a post about this. Local news stations are all over the place. Weather channel and ABC says 1-3 for bergen county. NBC, CBS 3-5, news 12 4-7. So your typical NJ forecast- A dusting to 10 inches

Yeah I mean it's honestly just a social media platform. It reflects what people are saying and I honestly do feel like sometimes I'm talking to teens and angry brats but I've also talked to much older crowd on reddit. Regardless of how we might feel, I think the younger generations opinion on this matter because they're the ones living through it now or just went through it. The experience is fresher.

Manville has some bomb ass Mexican food all around, can't go wrong there.

You seem to be living in the wrong country. May I suggest a time machine to the 1930s soviet union? They would assign you a cardboard home depending on how many people are in your family or how big a bribe you give.

They also had rationing for basic foods....

I can't even consider what happened in that video bullying. It was straight up psychotic assault and those animals belong in cages.

So....despite what everyone tells you on reddit, you won't get rich doing it.

Best case scenario, you make a month's rent in profit after covering all your expenses, note, etc. And that is a smooth year, where you have a perfect tenant that doesn't cause issues for all 12 months, need nothing that falls outside your capital budget, and the one or two minor things that pop up you handle yourself.

Other years you may blead money when unplanned stuff goes bad well before it was supposed to, and always at the worst possible time. One bad tenant (can wipe out years of profit in just a couple of months). One mistep can get your ass sued off.

You have to constantly remind yourself that you are in it for the long haul, and that is the equity, and someone else fronting a bunch of the costs allowing you to acquire that property.

Our tenants were all awesome, and we made it through the pandemic unscathed, but i know a bunch of landlords who took a bath on it, and others who re-evaluated their risk and got out\are getting out of it. On its good days its a part time job of a few hours a week (and this is just with 3 properties and good tenants). On its bad days, its hell on earth and you will question as to if its really worth it constantly.

But the short of it is:

1. Don't not expect to make money year over year on it. You will most likely run in the red for a few years before you get to break even, and even then dip into the red (ignoring equity) from time to time. Make sure you have the capital to handle that. Its not just you losing a house or tanking your credit if you fuck up, there is real liability and potentially criminality on the line.
2. A bank isn't going to write you a loan and consider rental value if you aren't occupying at least a portion of the place, and even then, its only one factor. Most won't touch you at a good rate unless you have either demonstrated a cash flow as a landlord, or have other substantial assets.
3. If you aren't even basic handy, just don't do it. Tradesfolks know they have you by the balls even more so than if it was your own house on most stuff if you can't do it yourself. Being able to say, swap a hot water heater on your own on a holiday weekend is the difference of a grand or two and not having to put up your tenant in a hotel. That leaky faucet, noisy toilet, funny lightswitch? All a couple hundred bucks a pop if you have to turn to a pro. And if you are a landlord and not doing it yourself, you are turning to a pro for liability reasons, not "jim down the street".

Imo you need to be specific. As much as I want to be on the same page, I can't read your mind or preemptively know what you believe is something everyone should already know.

Let's review what you're talking about case by case. Which cases are we talking about and which punishments are the progressives? Then let's review the cases that highlight that double standard and see if there's a deeper context or indeed a bias in the way we approach judicial system. It should come as a surprise to no one that our justice system is not perfect and even the working parts can often shit the bed. But in this particular case is it wrong? I don't think so.

Who remembers Tyler Clementi? Pepperidge farm remembers.

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