Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
^^^ Ironic in that Waste Management is now minimum $600 annually per unit and late fees enforced and bills that had been Payable 90 days out are 45 days now but carry Due On Receipt.
Per ordinance waste is billed to property owner here.
Jut because you're not working, do not mean you do not owe them money. Basically it's pay up or get out.
It's not that simple this time around. People have been FORCED - by the government - to not work. That's a little different than, the tenants were just being irresponsible and can't pay.
I have a realtor friend who tried to convince me for a long time to buy property and become a landlord - he said it was easy money. Never took the bait.
And exactly how do you expect to a landlord to pay their mortgage, taxes, insurance, maintenance, gas, electric, water, sewer....ect?
You start scrambling just like your tenants are having to do. You make phone calls, you write letters and emails, you negotiate with your creditors and bankers. YOU DO SOME WORK !!!!
It's not that simple this time around. People have been FORCED - by the government - to not work. That's a little different than, the tenants were just being irresponsible and can't pay.
I have a realtor friend who tried to convince me for a long time to buy property and become a landlord - he said it was easy money. Never took the bait.
If you have over 6 units in good and stable area, yes it's "easy money". Obviously there is much more to it, but in the long term it's usually good investment. Also just because government forced everyone not to work do not mean that your bills are not due. That is not our society works. Remember you were advised minimum 6 months of saving in case you lost your job.
You start scrambling just like your tenants are having to do. You make phone calls, you write letters and emails, you negotiate with your creditors and bankers. YOU DO SOME WORK !!!!
No need, my tenants are not deadbeat opportunists.
This is the sort of sanctimonious attitude that tenants despise from landlords.
Attitudes like these are why movements like #CancelRent exist. #CancelRent should be a big movement.
Be an adult and take care of your responsibilities. Between unemployment and the stimulus money you should be able to pay your rent. Having a safe place to live should be your number one priority, even if that means canceling cable or figuring out a way to stretch your food budget.
Be an adult and take care of your responsibilities. Between unemployment and the stimulus money you should be able to pay your rent. Having a safe place to live should be your number one priority, even if that means canceling cable or figuring out a way to stretch your food budget.
Many renters will laugh at your and tell you to pound sand until eviction resumes. That is just the reality of today society.
If you have over 6 units in good and stable area, yes it's "easy money". Obviously there is much more to it, but in the long term it's usually good investment. Also just because government forced everyone not to work do not mean that your bills are not due. That is not our society works. Remember you were advised minimum 6 months of saving in case you lost your job.
LL's would be wise to take your advise of 6 months savings also. You never know what might happen.
Long term being a good investment - It hasn't even been a month and LL's are furious. Not all investments pay off. Investment.
Having been a LL in the past, I would never rely on strangers (tenants) for my livelihood. If you do, you might be in the wrong business.
Be an adult and take care of your responsibilities. Between unemployment and the stimulus money you should be able to pay your rent. Having a safe place to live should be your number one priority, even if that means canceling cable or figuring out a way to stretch your food budget.
Ha! Even if a renter cancelled cable TV, that's maybe $70-$100 in savings. That's not going to pay a rent bill. Also, the overwhelming majority of renters that subscribed to cable/satellite and lost a job in the last couple of months have already canceled their cable/satellite service. They probably canceled their TV service within 24 hours of job loss. TV service is one of the easiest line item budget cuts. No one can stretch their food budget enough to cover rent. It is an either/or scenario. I've already posted links that rent non-payments are increasing. Every one of those rent non-payers should get their non-payment forgiven.
Last edited by RJ312; 04-11-2020 at 02:08 PM..
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
