They won't let you evict tenants for non-payment during the pandemic because "housing is a human right" but if you don't pay your taxes you can be damn sure they're going to take your home.
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.
They won't let you evict tenants for non-payment during the pandemic because "housing is a human right" but if you don't pay your taxes you can be damn sure they're going to take your home.
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.