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Forum » Based landlords getting on the front foot during this pandemic...
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Thread: Based landlords getting on the front foot during this pandemic...

post 1600465281 03-22-2020, 04:00 PM
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#61
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Originally Posted By Serenadium⏩
Do you think it is fair?
Fair, but the tone of the letters are so condescending that they're just going to promote squatting (assuming the tenants can't pay) in an effort to rebel against the complex.

Really what they're trying to do is get them to pay before the govt enacts some sort of rent forgiveness mandate. They definitely could have spun the letters a different way (let us help you, you're our #1 priority, etc etc)
post 1600465711 03-22-2020, 04:05 PM
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Relax guys, paying my rent right now!
post 1600465981 03-22-2020, 04:08 PM
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Originally Posted By GixxerSixxer⏩
Fair, but the tone of the letters are so condescending that they're just going to promote squatting (assuming the tenants can't pay) in an effort to rebel against the complex.

Really what they're trying to do is get them to pay before the govt enacts some sort of rent forgiveness mandate. They definitely could have spun the letters a different way (let us help you, you're our #1 priority, etc etc)
They’re obviously not real you potato
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post 1600466381 03-22-2020, 04:12 PM
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Originally Posted By Frank
As a landlord myself, what good does evicting sometime right now do? Who in their right mind is looking for a new rental place now besides those that were evicted from other places.

I might have to eat the costs or most of the costs for a few months. I look at our situation and her situation and it feels like the right thing to do given the circumstances.

I'd rather have someone in there taking care of the place and at least paying utilities rather than it sitting vacant.
I don’t know my tenants employment situation.

But I’m happy to ‘work something out’.
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post 1600466461 03-22-2020, 04:13 PM
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In the UK they already announced a payment fix to protect tenants, without damaging anyone, and not stopping the banks.
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post 1600466661 03-22-2020, 04:16 PM
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Originally Posted By induced_drag⏩
Revenue shortfalls, as you put it, are not because people getting and not paying for the services that businesses are providing....they are because those services are not in demand at the moment. Businesses are not being stolen from is what I am saying. It is just demand for non-essential services is way down. THAT is called the cost of doing business.

Investing in real estate does not pay the big returns like some other businesses. BUT it is very stable because people always need it. Rates of returns of those other businesses now experiencing shortfalls are MUCH greater when times were good. It will be a good lesson not to 'stick your neck out too far'. I lived through 09-13 while being self-employed.

I am missing the point about how asking people to pay rent, and if they don't, evicting them is somehow wrong.

What if people all stop making their car payments? Are the banks wrong for taking the cars back?

Obviously the idea of entitlement is strong with the younger kids of this world. But there are certain realities to life. It is not free.
not surprised that people bashing landlords ITT completely ignored this post. very well put.

this chit is unprecedented, you expect everyone to just hold hands and sing cumbaya, there are certain realities that you cant escape, paying rent/mortgage is one of them.
post 1600466731 03-22-2020, 04:16 PM
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I don't have to worry about this - own a house.
post 1600467381 03-22-2020, 04:24 PM
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Landlords can suck a fat dik and take their own advice


They need to ask family and dig into their 401k to make the mortgage.


What is an apartment complex going to do if 1200 out of 1300 stopped paying rent?
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post 1600468011 03-22-2020, 04:34 PM
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Originally Posted By gluon⏩
not surprised that people bashing landlords ITT completely ignored this post. very well put.

this chit is unprecedented, you expect everyone to just hold hands and sing cumbaya, there are certain realities that you cant escape, paying rent/mortgage is one of them.
Repped! Thought no one here read serious replies.

I have sympathy for my tenants for sure. I would probably let them slide a little, but I cant carry empty houses. I actually had a tenant reach out to my yesterday and wanted to meet me to give me $500 ahead of time for next month. He said his boss told him he is uncertain of what work will be.

The guy is a good guy, and people like this are the ones that make you want to do all you can. But in the end, I am just one person. I would be abt to let him float a bit, and in my head, I have already thought about possibly giving a 30 day grace period, but I cant afford much more than that.

With all these people bitching at evil landlords, who among them is stepping up to give 10% of their annual income to others in this hard time? Just plain silly this entitlement mentality....
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post 1600469261 03-22-2020, 04:48 PM
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LMAO @ triggered landlords.

Fuk all of them.

Good luck on trying to collect that rent.

Cocksuckers.
"I am a rational animal who occupies the intermediary position between angel and beast"

"The upper class is afforded their position by the collective burden the underclass must carry for them"


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post 1600469431 03-22-2020, 04:50 PM
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Originally Posted By induced_drag⏩
That is why it is nice to live in a Southern state. Over the past 10 years I have only had to evict 4 tenants from our rental properties. In our county I can have them out in about 35 days. Aint no squatting here!



Compassion? Like others have said, the banks still want the mortgage payments. Find a way to pay rent or get out.

I have been self employed my entire life. When 08-12 hit, there was no unemployment for me. I had to be self reliant. I did not have work for 3+ years. It was not very fair. I had to cash out my retirements, sell off anything I could and yes....pay to keep a roof over my head.

Why is this any different? Housing is not free nor is it guaranteed. I have worked very hard to accrue our rentals.....had to pay real money for them. Why should they be free to others?

Now if the govt wants to step in and cover people's rent like they do for unemployment, that can be a call for ALL of the US taxpayers to help out. But you cant simply put the burden on the people who have 2,3 or 20 rental homes and expect them to just absorb it....
I can understand in normal situation to kick them out asap but in a situation like this where milllions are losing their jobs and getting laid off shouldnt you atleast try to work it out w them.

I respect the hustle but i have a feeling that if you kick people out right now its going to be pretty fukkin hard finding new tenants for your property especially at rates that they were paying before the COVID thing came into play.
Atlanta Falcons!!!
post 1600470381 03-22-2020, 05:01 PM
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Originally Posted By induced_drag⏩
Repped! Thought no one here read serious replies.

I have sympathy for my tenants for sure. I would probably let them slide a little, but I cant carry empty houses. I actually had a tenant reach out to my yesterday and wanted to meet me to give me $500 ahead of time for next month. He said his boss told him he is uncertain of what work will be.

The guy is a good guy, and people like this are the ones that make you want to do all you can. But in the end, I am just one person. I would be abt to let him float a bit, and in my head, I have already thought about possibly giving a 30 day grace period, but I cant afford much more than that.

With all these people bitching at evil landlords, who among them is stepping up to give 10% of their annual income to others in this hard time? Just plain silly this entitlement mentality....
he can pay you with semen to make things square.



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post 1600471611 03-22-2020, 05:15 PM
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#73
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Originally Posted By S0Jack3d⏩
My tenants dont pay their rent I cant pay the mortgage so unless banks are willing to forego mortgage payments, im not willing to forego the rent. Sorry rentcels.
That's the risk you take. Just lol at all these small brain "real estate investors" nowadays. Takes 0 skills or intellect to make money when the market was as good as it was over the past decade. Now we will see a massive culling of these types. CY@
Pilot
post 1600472451 03-22-2020, 05:26 PM
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I hope they push too far. People still aren't grasping how ugly this could get.

Inb4 fearmongerer. I hope so. We'll see.
post 1600473021 03-22-2020, 05:34 PM
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#75
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Originally Posted By DDoc⏩
I hope they push too far. People still aren't grasping how ugly this could get.

Inb4 fearmongerer. I hope so. We'll see.
Who is 'they'? I rent out an investment property to a married couple - both work in hotels/tourism. They have lost their jobs. I told them they will have to pay the rent in any case and 1 has already found another job - I may give them more time to pay up.

Or else I'll have them evicted for breaching the terms of the lease. Please, show me how 'ugly' this could get? For people renting it could get pretty ugly, sure.

You sound poor. Are you?
post 1600473261 03-22-2020, 05:37 PM
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Originally Posted By Aristotelian⏩
Who is 'they'? I rent out an investment property to a married couple - both work in hotels/tourism. They have lost their jobs. I told them they will have to pay the rent in any case and 1 has already found another job - I may give them more time to pay up.

Or else I'll have them evicted for breaching the terms of the lease. Please, show me how 'ugly' this could get? For people renting it could get pretty ugly, sure.

You sound poor. Are you?
You have something against working class people?
"I am a rational animal who occupies the intermediary position between angel and beast"

"The upper class is afforded their position by the collective burden the underclass must carry for them"


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post 1600473291 03-22-2020, 05:38 PM
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#77
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based and blackpilled my brother.
post 1600473791 03-22-2020, 05:43 PM
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People don;t like being kicked while they are down by creditors, or landlords, or The Government or Corporate America in general.

Abusive people like that who are much too authoritarian are what the 2nd Amendment is for.
post 1600473831 03-22-2020, 05:43 PM
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Originally Posted By induced_drag⏩
That is why it is nice to live in a Southern state. Over the past 10 years I have only had to evict 4 tenants from our rental properties. In our county I can have them out in about 35 days. Aint no squatting here!



Compassion? Like others have said, the banks still want the mortgage payments. Find a way to pay rent or get out.

I have been self employed my entire life. When 08-12 hit, there was no unemployment for me. I had to be self reliant. I did not have work for 3+ years. It was not very fair. I had to cash out my retirements, sell off anything I could and yes....pay to keep a roof over my head.

Why is this any different? Housing is not free nor is it guaranteed. I have worked very hard to accrue our rentals.....had to pay real money for them. Why should they be free to others?

Now if the govt wants to step in and cover people's rent like they do for unemployment, that can be a call for ALL of the US taxpayers to help out. But you cant simply put the burden on the people who have 2,3 or 20 rental homes and expect them to just absorb it....
Housing and jobs are not guaranteed rights, but neither is your ability to pay mortgage or collect rents. Your rent money is no more guaranteed than their jobs. A rental property is an investment, and investments can go sour. It's not fair, but neither is losing one's job at a time like this.
post 1600473911 03-22-2020, 05:44 PM
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Originally Posted By Anachron⏩
How many homeless people have you let in your home?
Gotcha.
"I am a rational animal who occupies the intermediary position between angel and beast"

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post 1600473971 03-22-2020, 05:45 PM
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#81
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Originally Posted By Anachron⏩
How many homeless people have you let in your home?
based and blackpilled my man Anarchron!
post 1600474161 03-22-2020, 05:46 PM
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Originally Posted By Anachron⏩
What do you have against homeless people?
Fuk you talking about, old man?

Go pester someone else.
"I am a rational animal who occupies the intermediary position between angel and beast"

"The upper class is afforded their position by the collective burden the underclass must carry for them"


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post 1600474381 03-22-2020, 05:49 PM
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Originally Posted By induced_drag⏩
Repped! Thought no one here read serious replies.

I have sympathy for my tenants for sure. I would probably let them slide a little, but I cant carry empty houses. I actually had a tenant reach out to my yesterday and wanted to meet me to give me $500 ahead of time for next month. He said his boss told him he is uncertain of what work will be.

The guy is a good guy, and people like this are the ones that make you want to do all you can. But in the end, I am just one person. I would be abt to let him float a bit, and in my head, I have already thought about possibly giving a 30 day grace period, but I cant afford much more than that.

With all these people bitching at evil landlords, who among them is stepping up to give 10% of their annual income to others in this hard time? Just plain silly this entitlement mentality....
if you cant afford 30 days grace, you are in way over your head.
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post 1600474461 03-22-2020, 05:50 PM
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#84
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Originally Posted By BigTimeOperator⏩
Abusive people like that who are much too authoritarian are what the 2nd Amendment is for.
I don't think the Second Amendment was created so that people could get out of their contractual obligations by waving a gun around, bruh.

With that said, as this deteriorates, landlords are very likely to end up regretting not working something out with an existing tenant over going through a legal process and then trying to find a new one in a climate of widespread unemployment with high vacancy. Some people are likely to discover what I was trying to tell them about the dangers of putting all your eggs in the rental property basket of a single area instead of diversifying.
Nah, fukk that. I’m not doing that.
post 1600474571 03-22-2020, 05:52 PM
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Originally Posted By Anachron⏩
Well, if someone has "something against working class people" because they won't house them for free... You must have a couple of homeless people living in your place. Otherwise you have something against them.

Maybe you have a single mother with two kids living with you?
"I am a rational animal who occupies the intermediary position between angel and beast"

"The upper class is afforded their position by the collective burden the underclass must carry for them"


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post 1600475081 03-22-2020, 05:56 PM
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Breach of Contract isn;t the outrage that people make it out to be. it's like a misdemeanor., and is sometimes justified if it's an oppressive Contract of Adhesion.
post 1600475191 03-22-2020, 05:57 PM
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Originally Posted By S0Jack3d⏩
My tenants dont pay their rent I cant pay the mortgage so unless banks are willing to forego mortgage payments, im not willing to forego the rent. Sorry rentcels.
haha this clown buys on margin (loan) and then relies on someone else to pay his loan off. You deserve a default bud.
post 1600475301 03-22-2020, 05:58 PM
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Originally Posted By OPGenesis⏩
You have something against working class people?
Are you saying that working class people cannot own properties that they rent to other people? Yeesh!
post 1600475651 03-22-2020, 06:01 PM
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Originally Posted By MediocreGains⏩
Housing and jobs are not guaranteed rights, but neither is your ability to pay mortgage orcollect rents. Your rent money is no more guaranteed than their jobs.A rental property is an investment, and investments can go sour. It's not fair, but neither is losing one's job at a time like this.


fwiw, i believe in rent control to an extent because there are a lot of scumbag landlords but wth at some of these *******s who see nothing wrong with dummies who have no emergency fund and now want to squat on someone else's property.
post 1600475661 03-22-2020, 06:01 PM
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Originally Posted By Aristotelian⏩
Are you saying that working class people cannot own properties that they rent to other people? Yeesh!
You seem very confused.
"I am a rational animal who occupies the intermediary position between angel and beast"

"The upper class is afforded their position by the collective burden the underclass must carry for them"


**Summer Walker Crew**
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