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Forum » Guy owes $29,000 in unpaid rent then is ✨FLABBERGASTED✨when he’s evicted.
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Thread: Guy owes $29,000 in unpaid rent then is ✨FLABBERGASTED✨when he’s evicted.

post 1687423463 07-29-2023, 03:09 PM
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#31
  1. Dave22reborn
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Originally Posted By Ken-O⏩
They had bunch of **** there and multiple cars. If you are getting evicted you gonna tell me you cant start selling ****? Make some kind of deal with the landlord?


Or maybe their cars are gonna get taken soon too...
Repo guys are probably looking for those vehicles.
post 1687423613 07-29-2023, 03:12 PM
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#32
  1. Dave22reborn
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Originally Posted By bicmane102⏩
Brutal for landlords considering how much profit they make from rent
That's how it works, landlord buys the property, and rents it out......

What, you gonna hate on landlords now as well?
post 1687423693 07-29-2023, 03:13 PM
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#33
  1. BigDeeps01
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Originally Posted By Dave22reborn⏩
That's how it works, landlord buys the property, and rents it out......

What, you gonna hate on landlords now as well?
I've also never evicted a long term tenant

I evicted a tenant for a flip once, but got a pretty significant discount on the property for buying it with the tenant in place

I know a couple of investors who also evicted for a flip but most don't have to evict long term tenants

And, the profit from owning rentals comes from the IRR, not pure cash flow
post 1687424003 07-29-2023, 03:21 PM
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#34
  1. SteadySmokin
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Originally Posted By BigDeeps01⏩
It does include timelines though

5 day notice to pay rent or quit
Tenant doesn't pay rent -> Tenant served with summons and court date set 6-10 days (Or 3-5 days for immediate termination)
Tenant appears and pleads not guilty -> 3 days, then court or tenant does not appear / tenant pleads guilty -> 2-5 days
Lock out occurs within 3-7 days

Add the max days together 5 +10 + 3 + 5 + 7 = 30 days if you hit literally every snag on the high end and tenant fights the whole time (Most of the time they don't even show up)

Just read with your eyeballs weedhead lol
brutal!
post 1687424203 07-29-2023, 03:25 PM
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#35
  1. bicmane102
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Originally Posted By Dave22reborn⏩
That's how it works, landlord buys the property, and rents it out......

What, you gonna hate on landlords now as well?
i was jking but you got me thinking.

here we are in a housing shortage with tons of homeless on the street, meanwhile greedy investor landlords scooping up all the homes to profit off of.

get a real job lol
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