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Umm costs are through the roof. Anything from a 2x4 that

Posted on: October 30, 2020 at 17:17:06 CT
TigerFan92 STL
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used to be $2 is not $7, Doors, carpet, & remodeling x2$ (for repairs)to finding replacement appliances are 9 month delivery and double their normal cost.

This doesn't include
HVAC systems up 50%
Trades up dramatically - electrical, plumbing etc.
Insurance for some neighborhoods up 300%
Damage done by former tenants or riots
Neighborhood association fees up 20%+ due to same above issues
taxes up as assessments are ridiculous.
Missed payments that the government allowed for 6 months plus. (do you have 6 month rent laying around x-however many units you might own?)

Costs go up for landlords tremendously. There are real estate companies gouging somewhat but most are individually owned and have real expenses.

Edited by TigerFan92 at 17:18:30 on 10/30/20
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     Moral: Stay the hell out of Portland.(nm) - GA Tiger MU - 10/30 18:43:31
     what a**hole landlord would raise rent at this time? - tigerinhogtown STL - 10/30 17:10:09
          Because of all the libtards who voted in property tax - Tigrrrr! MU - 10/30 17:50:05
          Umm costs are through the roof. Anything from a 2x4 that - TigerFan92 STL - 10/30 17:17:06
               what landord remodels while there are tennants - tigerinhogtown STL - 10/30 17:23:01
                    having trouble believing you're a landlord - DesertTiger MU - 10/30 17:35:50
                         7 units(nm) - tigerinhogtown STL - 10/30 17:42:51
                    I just spent $7K on an HVAC while renters were in there - TigerFan92 STL - 10/30 17:31:40
                         most I've spent for a condensor & fan unit was $2.5k - tigerinhogtown STL - 10/30 17:42:16
                              Entire HVAC was about $5500 for 16+ Seer now $7K - TigerFan92 STL - 10/30 17:56:11
                                   agreed, but the ordinance is about raising rent on EXISTING - tigerinhogtown STL - 10/30 18:08:13
                              Do you pay a property management firm or manage it - TigerMatt STL - 10/30 17:45:08
                                   I do it myself, but I have a great set of repair folks - tigerinhogtown STL - 10/30 17:50:21
                    Never have an HVAC system go down? He's talking about - TigerMatt STL - 10/30 17:28:52
                         nothing that couldn't be repaired fo a months rent. - tigerinhogtown STL - 10/30 17:36:04
          Well... they did. Portland passed tax increases in November - TigerMatt STL - 10/30 17:16:51
               not saying you are wrong, but I don't find anything - tigerinhogtown STL - 10/30 17:31:03
                    I misread. State law set increases at 3% a year, not - TigerMatt STL - 10/30 17:42:42
               wait...you're telling me that tax increases - DesertTiger MU - 10/30 17:23:44




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