Why don't a lot of people consider landlording a "real job"?

[Dominus]

It's one thing to hear from my family members that what we do is not a real job. Because of cultural bias, in our culture a person who works for other people has a lot more social status than a person who works for himself. Don't ask me why, that's just the way a lot of people from my culture see things.

But recently, the stay-at-home orders have made it hard for people to be able to pay rent. Which is understandable. There's a movement sweeping across the nation called rent strike.

What I'm encountering all over the place is people would say to landlords to "get a real job". I'm a bit confused as to why so many people consider landlording not a real job? What do most people imagine is involved with landlording that make them think it's not a real job?

 

[Alnitak]

Here come the socialist rants.

 

[Cormac135]

From some of the things you posted in the past you could come across as a slum landlord, hopefully you aren't.

I think people are just pissed off with all the tv shows about flipping and landlords with hundreds of properties bleeding people, again i hope this isn't you.

 

[ClubLevelVegan]

Here come the socialist rants.

Also the boot lickers?

 

[just_mills]

Because it's not..?

 

[rareboy]

The problem is that you are positioning it incorrectly.

Your real job is property management and development.

Use this description. It will change the way people view it.

 

[Dominus]

The problem is that you are positioning it incorrectly.

Your real job is property management and development.

Use this description. It will change the way people view it.

OMG why didn't I think of that? You're right! I'm gonna stop calling myself a landlord now. I'm a property manager and developer. Thanks!

Still. Why do people think being a landlord is not a real job?

 

[zoltanspawn]

OMG why didn't I think of that? You're right! I'm gonna stop calling myself a landlord now. I'm a property manager and developer. Thanks!

Still. Why do people think being a landlord is not a real job?

Because some landlords hire property managers to do the work for them.

 

[Dominus]

Because some landlords hire property managers to do the work for them.

LOL but the landlord is still responsible for 90% of everything involved in that property. That's still a lot of responsibilities.

 

[ClubLevelVegan]

LOL but the landlord is still responsible for 90% of everything involved in that property. That's still a lot of responsibilities.

Responsibility does not = working. Hiring someone else to do maintenance and collecting money from renters is not work.

 

[Sha-Rok]

The same way some people don't think being a parent is a job; it's a responsibility. People don't know the ends & outs of owning land or property. Some think the landlord lives solely off their rent...which may be true & the landlord's right to do so.

 

[zoltanspawn]

LOL but the landlord is still responsible for 90% of everything involved in that property. That's still a lot of responsibilities.

No, maybe you do, but every landlord does not. I help a relative, who is a landlord, utilize a property manager. My relative supplies a little paperwork, and the property manager handles everything else: agreements, renewals, maintenance, inspections, applications, etc.

 

[offthewall14420]

Oh come on. I managed 175 units and only did 4-5 hours of real work in a week.

 

[rareboy]

OMG why didn't I think of that? You're right! I'm gonna stop calling myself a landlord now. I'm a property manager and developer. Thanks!

Still. Why do people think being a landlord is not a real job?

You are quite welcome.

I think that it is something you need to use in your branding and financing application proposals etc.

Because it is what you do. Landlording for all intents and purposes is just rent collection, maintenance and utilities.

Asset development and management is the actual business.

 

[unloadonme]

The problem is that you are positioning it incorrectly.

Your real job is property management and development.

Use this description. It will change the way people view it.

Exactly. A landlord simply derives an income from investments. That's not a trade. Property management or development is a different matter.

 

[Dominus]

Exactly. A landlord simply derives an income from investments. That's not a trade. Property management or development is a different matter.

I wonder, though. What is wrong with just sitting on my ass all day collecting rent as income?

 

[Harke the Boeotarch]

I wonder, though. What is wrong with just sitting on my ass all day collecting rent as income?

Nothing, except that it's preferable you also offer your society extra by doing something useful while you still can. Many landlords here have day jobs.

 

[unloadonme]

I wonder, though. What is wrong with just sitting on my ass all day collecting rent as income?

Nothing. It's just that it's investment rather than earned income.

 

[LeicsDom]

It's one thing to hear from my family members that what we do is not a real job. Because of cultural bias, in our culture a person who works for other people has a lot more social status than a person who works for himself.

How odd. I would say that people who work for themselves are to be admired over employees

 

[LeicsDom]

Exactly. A landlord simply derives an income from investments. That's not a trade. Property management or development is a different matter.

But a landlord is property management
A landlord has to create the capital to buy the property/s in the first place.
It is a reward for that initial capital creation