this post was submitted on 20 Jul 2026
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A good landlord do add value.
They do repairs on time (which can be quite costly), takes care of most HOA stuff (and fees), pay quite a lot of taxes (depending on where you live, of course).
Personally I inherited part of my grandmother home (the other part being owned by my father). When she died, I redid most of the isolation, electrical and paints, costing me 75k, and had to do paint again (10k) after the first tenant (they ruined it, it went from white to dark yellow due to how much they smoked).
We had some water damage, which was caused by the town (they refused to pay for the damages, invoking a impossible to follow law), and another one (caused by the neighbor, which refuses to do the repairs), which is still pending (we reduced the rent due to that).
Add to that the taxes, which basically reduce our "earning" by 40% where I live, 6 years after my grandmother passing I just started to see any income from the property.
So yeah, there are bastards amongs us, but abput as much as in any group of people. That's not homeowning that make the bastard, they'd be bastard, home or not.