rent control (Santa Monica, Tennant: landlord, money, business)

[loveCali]

Originally Posted by oldskoul

ONE more thing. When i got my apartment i had to pay this shadey rental company a "finders" fee. $1200 (some cost $3600 at the time) which was alot 10 years ago. It was common knowledge that they split the amount with the apartment mangers.

Wellman Realty controlled all the apartments in santa monica with this 'finders' fee scheme. This went on for years and years until the de-control laws came marching in.

I personally know landlords who don't work with agencies, so they aren't receiving any fees at all from the agencies part. But when someone sent by any agency come at their door, of course they can't just deny their applications, because you don't just do such a thing. So, the agencies take the money and the landlord doesn't.

[oldskoul]

Originally Posted by loveCali

I personally know landlords who don't work with agencies, so they aren't receiving any fees at all from the agencies part. But when someone sent by any agency come at their door, of course they can't just deny their applications, because you don't just do such a thing. So, the agencies take the money and the landlord doesn't.

At the time let me tell you. i drove up and down every street time and time again looking for a SM apt. I read the papers, pre internet, look EVERYWHERE and all roads lead me to WELLMAN REALTY. There was never a For rent sign anywhere, i mean never ever! It was so well organized it was nuts. I dont regret paying the money since at the time i had it but still do i think the process was fair, NO!. Did i feel i had a choice no.

Props to the old time apartment manager that dont use agencies.. btw where did all the blacks and mexicans go? They are all gone somehow.

[JackSparrow]

Originally Posted by oldskoul

At the time let me tell you. i drove up and down every street time and time again looking for a SM apt.

So then, thats what it took to live in SM. No one to blame but yourself.

Originally Posted by oldskoul

I read the papers, pre internet, look EVERYWHERE and all roads lead me to WELLMAN REALTY.

EVERY place for rent was WELLMAN REALTY? hahaa BS!

Originally Posted by oldskoul

There was never a For rent sign anywhere, i mean never ever! It was so well organized it was nuts. I dont regret paying the money since at the time i had it but still do i think the process was fair, NO!

Yeah you regret paying the money. Either that or your view of reality is lopsided. How can in the same thread then claim to want to charge someone else for this fee which YOU initially agreed to?

Originally Posted by oldskoul

Did i feel i had a choice no.

Booo hoooo!!! I had to live in SM. Cry me a river

[loveCali]

Yeah, the landlords I know are private owners, not companies and do not advertise with agencies. For real. But you have to find the one who has a vacancy at the time you're looking for it.

[oldskoul]

Originally Posted by loveCali

Yeah, the landlords I know are private owners, not companies and do not advertise with agencies. For real. But you have to find the one who has a vacancy at the time you're looking for it.

10 years ago it was impossible to find an advertised apartment for rent.

The private owners are sometimes good like you say. But that is all about timing and who you know kind of thing.

[xzyan]

oldskoul got a point . you need to know the history of venice/ santa monica b4 your start talking about poor landlords.. venice santa monica was 60% Mexican fisherman 30 % white and the rest is black. where are all those people. let me think someone offered them money to move ...dah ..you need to be here and experience what is like to rent in santa monica. I am not going to give my landlord a free ride to wealth no matter how your jugment about me will be. because I know and I been seeing what is going on for 15 years.. some one said here . people like me will never buy there own. why do I need to buy if I pay only $$ for 2br and I can stay here as long as I can , that is reality that rent control landlords need to know as well as you .

[JackSparrow]

Originally Posted by oldskoul

The self advancement was created by the managers using a front company to in essence charge UNLAWFUL rent.

Cite which law was broken, and when.

Originally Posted by oldskoul

To answer your question, it is everyones problem beacuse renters should rent fairly to ANYONE, not only to the person that can afford a shadey finders fee. Equal Opportunity!

No, according to you, that's "just business" right?

Originally Posted by oldskoul

Now that the tables are turned you dont think it is a good business decision for landlord to pay out to have a higher rent in the future?

Tables are turned where? You havent turned tables on anyone but yourself if you think your shadey business scheme is good for anyone but yourself.

Originally Posted by oldskoul

Everyone gains. Renters who would not be able to move get to move on and landlord doubles the rent.

Tell me, as a nonpartisan 3rd party how do I gain anything (except a loathing disrespect for human scum everywhere) by your swindling ways?

Originally Posted by oldskoul

BOTH parties gain!

If you brought this hairbrain scheme to me, I would tell you to get bent, and as your landlord I'd make it hellish for you to live in my unit.

Originally Posted by oldskoul

The self advancement was created by the managers using a front company to in essence charge UNLAWFUL rent. Call it finders fee or whatever. Shadey. To answer your question, it is everyones problem beacuse renters should rent fairly to ANYONE, not only to the person that can afford a shadey finders fee. Equal Opportunity!

Now that the tables are turned you dont think it is a good business decision for landlord to pay out to have a higher rent in the future?

Everyone gains. Renters who would not be able to move get to move on and landlord doubles the rent.

BOTH parties gain! In addition to that the building gets to take a good tax write off to boot. Dont use the word petty for some renters $15K is a lot of money, and double rents are not 'petty' either. This is not one sided 'self advancement'. According to your Republican thought theories this raises society beacuse rents go higher and renters now are brought to a market level rent or home purchase somewhere else.

This is one of the silliest statements I've read in a while. First off, you don't have any clue about my political affiliation. But I suppose many people with minuscule thinking apparatuses can only comprehend a two party system (and allow me to further assert that those kinds of individuals probably don't know what either are about anyways).

Good luck man! You're gonna need it!

[JackSparrow]

Originally Posted by xzyan

oldskoul got a point . you need to know the history of venice/ santa monica b4 your start talking about poor landlords.. venice santa monica was 60% Mexican fisherman 30 % white and the rest is black. where are all those people. let me think someone offered them money to move ...dah ..you need to be here and experience what is like to rent in santa monica. I am not going to give my landlord a free ride to wealth no matter how your jugment about me will be. because I know and I been seeing what is going on for 15 years.. some one said here . people like me will never buy there own. why do I need to buy if I pay only $$ for 2br and I can stay here as long as I can , that is reality that rent control landlords need to know as well as you .

Everything about your posts tips your hand to your aptitude.

[mommabear2]

Originally Posted by xzyan

mommabear2 you still did not answer the main question how mutch you think we should ask . don't forget this is business, you don't rent to people to let them stay for free or if they lost they job you offer free rent I do not think you have that type of heart. you will be the first landlord to ask some one to leave if you had rent control apt and you know you going to make money out of it . d'ont try to act like you'r one of the angels of landlord. be true to yourself and admit that this is business and you will be the first to offer money if its your apt ... More to come got to go surfing...lol

This is a concept that you seem to have difficulty grasping. Please tell me you are not a business major... If you don't get it by now - there's no point explaining.

[xzyan]

JackSparrow ...did you run out of words....lol.. that's all you got to say hahahaha