Tenants are trash

"Whoever knows how to take, to defend, the thing, to him belongs property. What I have in my power, that is my own. So long as I assert myself as holder, I am the proprietor of the thing".

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yeah be that guy

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When courts are shut down they actually do kind of forget about crime committed during suspension if anyone is wondering, sorry my landlords no use in gathering evidence or anything.

Sorry OP, but when the shit hits the fan if you are a landlord you are "the man" and it's automatically presumed you are /in loco parentis/ for the poor, downtrodden souls you have in your care. You know, because you're so rich you should have enough money to keep that building afloat indefinitely for the good of your charges.

*cough**sputter**gag*

Walk away from the building and declare bankruptcy. Fuck 'em.

Reddit is filled with hyper liberal incel neckbeards with little real world experience. Their opinion is not representative of the whole population.

landlords are literal parasites

youtube.com/watch?v=aCiYmCVikjo

I never realized how much people hated landlords until I got on reddit. I have such good relations with my tenants that it feels like I am in a different universe when on reddit.

Usually when I pick up rent checks my tenants offer to have me join their bbqs or watch sports with them.

>When you can't even afford a home.

Landlords are people.

Some of them stink. (One took me to court with spurious charges; later found out he'd run out of money paying defence on multiple lawsuits for performing illegal surgery; he'd already used multiple mortgages as mitigation for giving someone a lethal dose and been struck off.)

Others are fantastic. (Got us back in the house after a fairly minor house fire in less than two weeks; provided a skip for us to empty our damaged furniture into.)

Most are pretty ordinary. Receive the rent, tussle a little over who's maintaining the hedge, get the boiler fixed a little later than you'd like...

Part of the reason landlords are disliked I think is the sense of injustice. A lot of renters will never be able to own a property, where everyone can think of a dozen examples of someone owning property because their nan left them a hefty sum, their in-laws put another hefty sum in; they got it when a house was twice your salary; etc.

Mortgage relief has of course been a huge catalyst. The assumption is that you're getting mortgage relief but I'm still paying your mortgage? Or just that you must be rich because I would have to be rich to buy this house, so go easy on the little guy, hey?

I've heard this over and over. "I'll never be able to buy a house." They drive BMWs on lease. Multiple travel trips every year. And you suggest...maybe get a fixer upper....oh no I couldn't live in something like that. So keep renting... I guess I'm an evil landlord.

Even if evictions have been temporarily stopped by the courts, they will still have to pay back what they owe the landlord. Sperg apartment dwellers BTFO

FUCK YOU LANDLORDIE

This is nothing new. Reddit hates their idea of 'rich' people - people who own more than 1 property. Many think being a landlord isn't contributing anything to society, that it's pure exploitation.

All they think landlords do is sit on their butts and collect a check. The problem is that landlords have all pretty much had their experience with AWFUL tenants, but most Redditors don't have a clue how bad some tenants are.

if you had a block of 32 apartments you should have a good chunk of changed saved up unless you spent it all on whores and candy or something

Everyone shits on landlords simply due to it being easy to do. I’m a landlord and one thing I realized is everyone think ma every tenant is just like their self but in reality most tenants are not like your friends. Your friends tend to be considerate and aren’t going to ripped the piping out of your house, trash it the place, take a hammer to the windows, or worse. They think about it from their own perspective but unfortunately the shit bags have to live somewhere too. The shitbags ruin it for everyone.

Sure, I’ll let my tenants have free rent. However, I will need the following:

No mortgage payment
No property tax
No BOP insurance premium
Free public water
Free public sewer
Free electric
Free natural gas
Free trash collection
Free recycling collection
Free lawn care & landscaping
Free snow removal
Free maintenance & repair contractors (roofing, electrical, plumbing, HVAC, carpentry, masonry, etc)
Free appliance repair and replacement
Free legal services
Free accounting
Free property management & tenant screening

Until this can be promised to me, I’m going to need to charge rent. And I’m going to need to be compensated for the additional risk I’m taking for exactly this occurrence, which will likely result in a few tenants who cannot pay. Yet I’ll still need to cover all of these bills unless I want to lose the house.

Difficult w/ some of my other tenants. I have one in education and my wife is a teacher in the same county, so, I know she's getting paid. Very difficult w/ that one. Feeling sympathetic, but no rent money x's 4 for 3 months will sink my boat.

I try to keep 6 months of expenses.

I have 3/1s and 3/1.5 in decent/old areas and it's not uncommon for me to do an open house and have 10-12 decent people interested.

I have never had a vacancy of over 8 days in 5 years. I try to treat my tenants well and they let me show the place. So, not uncommon to have a moving party - I'll hire 2-3 guys and have them help both groups move in and out.

With that said, hubris. So, my wife and I purchased a much bigger home than we need w/ our rent income reserves and we bought a lot of new furniture and were fairly generous to our families over Christmas.

So, I'm sitting at 3months of living (rentals included) expenses. My wife and I will both be maintaining our jobs over. So, I guess w/ our income and $2k from the gov, maybe it'd be closer to 4-5 months until we tanked if tenants all stopped paying. (Have a lot of crap we could sell between now and officially tanking)

All bullshit aside, I feel so bad for my coach in Muay Thai. He does a month to month contract so if he doesn't train you well enough, you can leave, so he works hard for you. Half the class cancelled already. I'm driving 30 minutes to have him train me out of his house. Fucking sucks man, I go because he's earning my business and I don't want to keep paying to give him a handout, but I honestly wouldn't mind for two weeks if it came down to it. I hope this bailout protects his ass, one of the few guys to build something from nothing and have it come close to starting over, fuck that shit. Side note, getting basically one on one training because only two others show up is pretty fucking sweet.

I sold my rentals and took back a note on two of them. I have asked the Note Servicing Company to see what we can do to not take a payment or charge a late fee for 3 months. The govt is giving some relief on govt backed mortgages so I expect we should also.

My aunt was a landlord, she was a nice person, she basically just used the money to pay for her retirement and at one point she had some shitty tenants that wrecked the place.

Despite all that it's still wrong, you shouldn't be able to make money from just owning something. Lenders, landlords and stockholders are the definition of a parasite on society.

We don't have enough room for some of our parasitic lifeforms, coronavirus is taking their job.

The biggest problem is that some tenants will take advantage of you. I mean the give an inch, take a mile, types. I made a rule and told everyone "You get one free one, the second one has a fee, the third means eviction."

That helped to corral the tenant who was frequently late with rent. Or the one who's rent check was always short a couple of hundred. Or the one who parked their car in the wrong spot. Or the one who had loud parties until 2am. Or the one selling drugs out of their place. Or the one who had friends who liked to show up early in the morning on loud motorcycles. Or the one who clogged the toilet up with paper towels. Or the one who tried to install an air conditioner in the window themselves that fell two stories and luckily didn't hurt anyone.

On the other hand, these are extraordinary circumstances so we're all just going to have to go the extra mile and make it work.

why didn't you save up?

in bongland tenants pay for most of that themselves.
landlords just pay for the maintenance and repairs required to meet reasonable living standards and their associated business costs like the accounting and lawyer stuff

I dunno man...

Something about the whole situation sounds fishy. It's hard to believe all the tenants are without ability to pay. It's hard to believe all the tenants refused to pay.
Either OP is lying about what's going on or there's something trying to use these tenants for some sort of political stunt and is hoping OP does something extremely stupid.

OP needs a lawyer like yesterday.

What are you, retarded?

It's simple dumbass, they stop paying rent you stop providing them service.

People are just find with landlords. I mean sure are scummy, but then again so are some tenants. It's a wash.

Communists and socialists are the "people" that hate landlords and that's because they don't believe in private property. Basically the very idea that you have property to rent out fundamentally means you have excess that should just be handed to their grubby hands.

>On the other hand, these are extraordinary circumstances so we're all just going to have to go the extra mile and make it work.

I think you mean spics and niggers will have to leave or stop being parasites. Get rid of them and we have a fraction of the problems we have with money right now.

>Despite all that it's still wrong, you shouldn't be able to make money from just owning something. Lenders, landlords and stockholders are the definition of a parasite on society.

And we should all just live in peace, holding hands singing kumbaya.

LMFAO

Imagine being so much of an asshole that 32 people that don't know each other band together rise up against you.

Shut off utilities. Sell the building, write off the business loss.

There probably are some of them that can pay. If it's real and they've all refused to pay it's because some of the ones who can pay have stuck their neck out so that the ones that can't pay can't be singled out and made homeless.

does the american welfare system not have something like britains housing benefit? tell your tenants to claim that until the world gets back to something like sanity

Just shut off the electricity, water, and heat to the building until they fucking pay then.

I don't think so. Something about this story reeks of a political bent one way or the other.

OP is a faggot. You gotta spend money to earn it player.

That is really something OP should consult with a lawyer on first.

Nah I was thinking we'd just hate each other over different shit while each having food, shelter and healthcare. Lower octane bullshit you know.

>Imagine being so much of an asshole that 32 people that don't know each other band together rise up against you.

Imagine being a landlord then.

>>A lot of renters will never be able to own a property
>>

And with the OP's thread (I checked it on plebbit), looks like lawyers and eventual eviction or a lien (for back rent) will be the path.

Giggle like faggot if you want, but renters and landlords who act like scum will be treated as such, and vice versa.

This right here. Commies hate the idea of anyone owning a property, let alone a second property. Most of reddit are baristas and underwater basket weavers so no fucking shit they hate anyone who owns anything.

Go for broke, release a shit ton of bed bugs then ask for a bailout from Uncle Sam once they all flee. Once they all leave, heat treat the house and you're good. Write it all off as a tax break. You'll break even.

>stop providing service
>as a landlord
Sooooo...knock down the building?

If you do that they will OWN you in court. You'll be split into pieces for them to share.

Just shoot them for trespassing.

burn it down and get the insurance money

You'd probably get the chair at that point

It's not that you have an excess it's that you are making money without working.

In marxism unless you're so totally fucked that you literally can't work you're not supposed to be unproductive. As a landlord or as unemployed.

Also stop being such a faggot and pretending people that don't agree with you aren't people.

My cousin lives in Pennsylvania but rents out properties in New Jersey and Montreal

You're talking to a Reddit comment that was posted on Facebook.
Does we look like Reddit or Facebook, Sparky?
Well? Do we?

As someone who could afford a 32 unit apartment building, you should at least have a few months living expenses saved up

Shoot the guys that convict you for trying to take your life, self-protection.

i would clean it up properly for them using a good mix of chlorine and ammonia. dont want them dissatisfied so it happens more you know

Funny, my building manager sent out a notice asking if there was anything they could do to help us out. At work we've been deferring payments for loans, the hydro companies have reduced the rate of on-peak usage, and ISPs have all dropped the caps. We're all making due here.

What's with all you people who want the death penalty to come back into fashion? You can't just kill people the state will kill you back

i know but imagine their burning skin and surprised pikachu faces when ya do it. it might serve as a lesson.

Legal advice from a 13 year old edgelord.
Got any solutions that rely on how styrofoam and gasoline make "napalm" or the button combination to "hack" a vending machine?

People on Reddit hate landlords for the same reason that people hate their teachers, hate the police, etc.. because the average Reddit user is a petulant child who is only a year or two removed from being forced by their parents to clean their room and go to class. They haven't yet had to be a real adult so they are still in a state of envy/fear when faced by a successful adult human