I'm literally done with this. No more new tenants until the eviction moratoriums are over; and, then, I am going to require 3 month's worth of rent as a deposit. I don't care about the interest being due on the money I am holding, I'll gladly pay it to keep my risks low.
Yep. You should turn away tenants who are barbers and waiters because their income is $0 because the politicians they vote for are shutting them down.
It's pretty sad, but why take a risk if you're stuck holding the bag. Tenants have lived rent free for almost an ENTIRE YEAR in Los Angeles... its insane.
Fortunately for me, I have not been challenged by having to deal with an eviction during this moratorium (despite having disputes with several tenants). Considering the circumstances though, and the fact that I am a vindictive person, I would probably be in jail for abusing my tenant if they decided it was acceptable to steal from me by occupying my property without paying. It'd probably be because I stopped paying their utilities, mortgage or did daily semi-disruptive work within the place.
My properties are for sale; the writing is on the wall that landlords are the new Kulaks.
I think this is what “they” want landlords to do so that big banks can buy up more properties again so they “you will own nothing and you will like it.”
As a landlord, I can 100% relate. This "moratorium" is bullshit. The government tells me it is okay because they still owe the money. After not paying for 6 months, the odds of me ever collecting on that judgement is 0%. And this meme is spot on. If I'm feeling patient, I will take five minutes to red pill the tenants when they ask why their rent went up. When I explain the largest single expense item isn't interest, it is property taxes, they are shocked.
Fixing the smaller issues is your responsibility as the renter anyway. I put in my contracts anything under $100 to fix is the renters responsibility. That way, I'm not called every time a bulb goes out or a toilet needs simple plunging or a light switch cover breaks.
Unless it's something temporary, people rent for a reason.
I'm literally done with this. No more new tenants until the eviction moratoriums are over; and, then, I am going to require 3 month's worth of rent as a deposit. I don't care about the interest being due on the money I am holding, I'll gladly pay it to keep my risks low.
Yep. You should turn away tenants who are barbers and waiters because their income is $0 because the politicians they vote for are shutting them down.
It's pretty sad, but why take a risk if you're stuck holding the bag. Tenants have lived rent free for almost an ENTIRE YEAR in Los Angeles... its insane.
Fortunately for me, I have not been challenged by having to deal with an eviction during this moratorium (despite having disputes with several tenants). Considering the circumstances though, and the fact that I am a vindictive person, I would probably be in jail for abusing my tenant if they decided it was acceptable to steal from me by occupying my property without paying. It'd probably be because I stopped paying their utilities, mortgage or did daily semi-disruptive work within the place.
My properties are for sale; the writing is on the wall that landlords are the new Kulaks.
I think this is what “they” want landlords to do so that big banks can buy up more properties again so they “you will own nothing and you will like it.”
lol and Scott Adams says The Great Reset is obvious bullshit and doesn't exist.
Yea im thinking about dumping mine as well
Doesn't matter if they fire the barbers and waiters.
People still need a haircut. People still need food.
As a landlord, I can 100% relate. This "moratorium" is bullshit. The government tells me it is okay because they still owe the money. After not paying for 6 months, the odds of me ever collecting on that judgement is 0%. And this meme is spot on. If I'm feeling patient, I will take five minutes to red pill the tenants when they ask why their rent went up. When I explain the largest single expense item isn't interest, it is property taxes, they are shocked.
Fixing the smaller issues is your responsibility as the renter anyway. I put in my contracts anything under $100 to fix is the renters responsibility. That way, I'm not called every time a bulb goes out or a toilet needs simple plunging or a light switch cover breaks.
Unless it's something temporary, people rent for a reason.
I fix things far larger than $100 in parts and labor. I don't consider less than $100 to be a small thing, that's not even maintenance.