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My problem is having conversation with people when they have such a linear train of thought
There's 2 sides to every coin. Should tenants pay their rent? Of course. Are some tenants taking advantage? Yes. Was housing court open before Covid? Yes. Ppl act like tenants always paid their rent and this not paying rent during the pandemic is some new phenomenon. Like I said, I used to work in L&T and that's prolly why I'm unsympathetic. I've see 2 year stips drawn up in court, longer than Covid's been out
Hell, I've seen tenants brough to court for way more things other than non-payment of rent, plenty of holdover cases I worked on.
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"The man who sleeps on the floor, can never fall out of bed." -Martin Lawrence
No, no one is acting like that. Sometimes you try to make strange arguments. Its basically gaslighting.
I'm just not into victim blaming when the government is using its force to coerce a result which intentionally victimizes private citizens without even going through the legislative process. Too many brush it off with excuses (as you're doing) which is why the government gets away with it.
No, no one is acting like that. Sometimes you try to make strange arguments. Its basically gaslighting.
I'm just not into victim blaming when the government is using its force to coerce a result which intentionally victimizes private citizens without even going through the legislative process. Too many brush it off with excuses (as you're doing) which is why the government gets away with it.
This is how the system works, I guess everybody gets to pick and choose what suits them
Every cause has an effect
Its blaming the government for giving out extra UI money and again blaming the government for the eviction moratorium
All I'm saying is that everything was in place already and I am not surprised by anything that's going on (referring to ppl not paying rent)
If you really want to impress me let's see if we can find out how much lottery apartment people, or even NYCHA, stopped paying rent, then that will be something to talk about
I'm not gaslighting anybody, I just like to look at things from more than one angle
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"The man who sleeps on the floor, can never fall out of bed." -Martin Lawrence
Costly? As opposed to not getting any rent at all? Well that seems just dandy to sit back and pray every month and hope the tenant pays.
Can you provide an approx. number figure so that we can have a better understanding of how much more costly it is, or do you not have this information?
no one expected a pandemic . you cant add the insurance in mid stream .
for what they charge for dead beat insurance year after year most can be way ahead without it.
there is insurance for everything in life but we dont insure against everything .
normally a few months of no rent is not devastating .. but a year and a half can certainly be . especially if the landlords income from his other job may have been effected
I just think people stopped paying rent because its too expensive in general
NYCers prolly pay half their income in rent, good luck saving up and trying to upgrade your situation on that formula, it's gonna be long nights of eating Ramen noodles and beans to get that downpayment up.
The LLs won't go after who charges them the exorbitant amounts it costs to own an investment property, just pass it to the plebs who live in at-will states who can get canned for any reason anyway, bye-bye steady rent check
Mind you, you guys are acting like people are going to work and willingly just not paying their rent, ppl got let go, hence the extra $300
Its not like people are still going to work and saying screw the rent, lol
Either way this is not the poor people's fight, like anybody can afford market rent in NYC on a $20 job, I don't care what neighborhood it is.
The Boomer solution - go get a $60 job somehow, or go work three $20 jobs and drop dead early
Maybe stop trying to take care of 80 year old buildings.
Buying a building in NYC is like buying a used car
And I'm talking about one of those used car dealer lots where they keep the dogs outside at night.
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"The man who sleeps on the floor, can never fall out of bed." -Martin Lawrence
Ok, can you provide an example of how much more substantial of a cost it is? Because otherwise what you're saying is hyperbole.
no idea .... i never used it .
but typically the majors get 5-7% of the rent amount . that is in addition to the landlord insurance policy.
however there can be minimum credit scores on your tenants that are required as well as incomes and other criteria . insurance is on specific tenants you have
here are some internet companies
How much does Landlord Rent Default Insurance cost on average and what’s the refund policy?
The premium depends on a rental unit’s address, monthly rent amount, and the amount of coverage you select. You can choose to cover from 1.5 to 6 months of lost rental income during a 1-year policy period. For example, the estimated annual premium for a rental unit in Downtown Orlando, renting at $1,500/month, would be around $240/year to cover for up to 3 months of lost rental income. Currently, the minimum retained premium is 100%, which means that we cannot provide any refunds if you cancel your policy.
Any owner of a residential rental unit that has at least 6 months remaining on the lease. This insurance is for rentals that are used as a tenant’s primary residence, and so it is not available for vacation homes or short-term rentals. There is also a list of requirements that need to be met to qualify for the insurance, such as the tenant must have a minimum credit score of 580, a monthly income of 2.5 times the monthly rent, and must not have been the subject of an eviction proceeding, bankruptcy, foreclosure or judgments in the last 3 years.
I just think people stopped paying rent because its too expensive in general
NYCers prolly pay half their income in rent, good luck saving up and trying to upgrade your situation on that formula, it's gonna be long nights of eating Ramen noodles and beans to get that downpayment up.
The LLs won't go after who charges them the exorbitant amounts it costs to own an investment property, just pass it to the plebs who live in at-will states who can get canned for any reason anyway, bye-bye steady rent check
Mind you, you guys are acting like people are going to work and willingly just not paying their rent, ppl got let go, hence the extra $300
Its not like people are still going to work and saying screw the rent, lol
Either way this is not the poor people's fight, like anybody can afford market rent in NYC on a $20 job, I don't care what neighborhood it is.
The Boomer solution - go get a $60 job somehow, or go work three $20 jobs and drop dead early
Maybe stop trying to take care of 80 year old buildings.
This is how the system works, I guess everybody gets to pick and choose what suits them
Every cause has an effect
Its blaming the government for giving out extra UI money and again blaming the government for the eviction moratorium
All I'm saying is that everything was in place already and I am not surprised by anything that's going on (referring to ppl not paying rent)
If you really want to impress me let's see if we can find out how much lottery apartment people, or even NYCHA, stopped paying rent, then that will be something to talk about
I'm not gaslighting anybody, I just like to look at things from more than one angle
You keep trying to conflate multiple issues to make it seem as if others' arguments are moot. That's not an honest way to debate, just saying. We're always good of course, but I have to point it out.
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