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Cake day: July 9th, 2023

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  • Landlords also do repair and maintenance (jokes aside) to maintain the property in good working order / habitability.

    At least, they are generally required by law to do so. Your laws may vary.

    Landlords also prep the unit for habitation between tenants and handle all of the paperwork for rent and utilities (depending).

    Maintaining housing is very expensive, and many people cannot afford to just drop $25,000 to redo a kitchen or reroof a building when it is required.

    So landlords are basically the middle manager between your living at the property, and all of the maintenance and financial details. You pay rent to them for that service.