14 of my 22 tenants are refusing to pay rent. I still have to make mortgage payments. This isn’t right...

why don't YOU have an emergency fund, retard.

You weren't prepared to cover the properties you bought to rent out? God you're a fucking idiot.

Good luck coasting on your saving for the next 6-12 months, OP.

Are you a boomer? PULL YOURSELF UP BY THE BOOTSTRAPS!

>That's your own fault for not having the cash flow to be able to fund it
yeah, he should evict the squatters so he can get paying tenants that aren't dogshit humans

that's pretty legit user, cheers

>human being that worked hard

Your “career” is sitting on your ass collecting checks from people who actually have jobs and contribute to society. Your job must be so hard when you have to call a plumber once every 6 months to fix the water heater. Get fucked.

Don't pay the mortgage then retard, you can't be penalized. It's not like rent is forgiven this month, just aggregate it to the following month. Dipshit. I'm sure you're full of shit, you wish you were a slum Lord but you're just a slum.

only lazy niggers have a problem with that saying.

On what land? All the housing was bought up by landlords to rent out.

I’m a landlord as well. I have three units currently and am working on a fourth currently. Don’t be a pussy. Take your own advice as well - if you don’t have sufficient savings to deal with a setback, maybe you’ve overextended yourself.

I own all my rental properties outright. Sucks that you had to borrow from jews.

The UK also made it illegal to evict anyone mortgaged or rented until the national emergency is over.

Stop being a leech and get a real job, my dude.

>contribute to society
no they don't. those useless pieces of dogshit don't contribute fucking anything. they don't pay taxes, and they are too fucking lazy to own a home.

Sucks to not be from a state that suspended mortgage payments

Enjoy impossible math

not you again

either ur a larper or really want us to suck ur little leeching cock and tell you everything will be okay, cry a little harder about all the wealth you cant hoard anymore and fuck off

and now they are crying rivers that its comming back to ruin them

bunch of boomer faggots, corona chan is a blessing

now you're just being dishonest. you must be jew here.

So those folks who don't contribute are the same folks who have built your life contributing to you? I'm confused

Guarantee you live with your parents. Or live in some piece of shit city where you’d have to pay me to live there. Go back to your $5 house in Detroit nigger.

I have 3 businesses and investments. Rental properties are by far the biggest pain in the ass. Taxes, association fees, chasing deadbeat renters, and constant repairs make it practically not worth doing. (Not OP).

just wait it out a bit, offer a payment plan for after the crisis is over to earn back the loses, like a 10% increase in rent until the missed payments are covered.
You won't be the only one with this problem, the banks can't foreclose on everyone. They SHOULD offer some leeway in missed or insufficient mortgage payment during the crisis.

>mortgage payments
>bought rental properties
You’re a fucking idiot. Buy then pay it off fast, otherwise you risk this shit. Did you not do your homework first? Obviously not since you’re a fucking idiot that bought multiple properties, but still making mortgage payments

Sounds like you're an irresponsible landlord, not even having 1 months mortgage saved up

Landlords are all scumbags you deserve this cunt

>implying lack of home ownership is due to laziness.

>they don't pay taxes
So you're renting out to drug dealers and unemployed people? Seems like that's your mistake.

>yes, everyone knows that owning property is not profitable.

Are you actually fucking retarded?

I love reading this. take that, merkins

evict them

Your passion should have been financing responsibly and not being such a faggot.

People who were forced out of their jobs because of a pandemic aren't shit people. You are a shit person though.

In what way do they not pay taxes? What the fuck are you talking about?

good luck finding new tenants retard

learn to code. pull yourself up by your bootstraps.

Are you fucking stupid? I'm seriously asking because when the fuck did I imply that renting isn't profitable? I'm saying that because a missed rent payment passed, doesn't mean you have to forgive it for the the following month mongoloid.

this is a copypasta but it's unironically based how both commie fags and nazi larpers agree on how degenerate landlords are

Ur being irresponsible for not having an emergency fund of a year for every home u "own"

if they don't even pay taxes, the rent can't be that high, right?

>I am a human being that worked hard and bought rental properties so I could comfortably retire and tend to my passions.

This whole situation is hard for everyone, have you considered temporarily going back to the field you worked hard in that enabled you to purchase the 22 rentals properties?

My landlord refuses to do any substantial household repairs, tells me his accountant says it would be too costly and he can't afford it, yet he can afford to buy a model year truck every other year and go on insanely expensive fishing trips. He also tries to enter my premises unlawfully and when the neighbor notified the landlord that she was moving in a month, the next day while she was at work he tried showing her trailer to potential renters. You talk about feeding your family and wanting to retire but you use the same stupid excuses my landlord uses to justify extreme selfishness.

No. You are literally the same kid that's been posting those "don't pay rent april 1st!" threads, faggot.

Fuck off. No one cares.

Put it this way. Your generation single handedly destroyed our chances of living a descent life without having to work two jobs by constantly borrowing and raising the debt ceiling without any regard to anyone but yourself. 2. You mean to tell me that you are financing 14 properties and dont actually own a single one, on top of that you own these properties and your living paycheck to paycheck? Go fuck yourself boomer. I hope you get Coronavirus.

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So you over-leveraged loans and now you're in a bad situation, tell me something we haven't all heard before. As a landlord myself, I can say that you are the worst of them. The coronavirus has impacted your ability to make your mortgage payments in the same way it has impacted the ability for tenants to pay their rent. But, somehow, you think they should be able to magically pull the money out of their asses.

This is your chance to join the gig economy boomer!

This thread legit made me realize that an upside to corona, despite the untold human suffering and economic ruin for so many, is that there are actual landlords that’ll get dumpstered in the middle of it all, so really maybe things aren’t so bad

I love the battle of the Boomers/Tenants. I hope they both lose. Hopefully these places will be taken by the bank and both parties are out of money/on the street.

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Weak b8 m8

eat catfood and uncle bens rice for all i care lazy nerd

>her trailer
Trump voter detected

The problem is you set yourself up to make a living directly off other people.
Get a real job, stop whining.

Suck dick for coke, then sell the coke. easy.

>The stories and information posted here are artistic works of fiction and falsehood.
>Only a fool would take anything posted here as fact.

>banks are postponing mortgage payments

cool story bro

If you worked a little harder, saved more, and planned better you wouldn't find yourself in this position. You can't expect society to pay for your poor decision making.

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Have a fucking cry jew cunt

You know, except for the time someone said >Check the news tonight, dead body yada yada
Sure enough the guy murdered someone.

Wait a minute.
(You):
>I could potentially lose my life’s work because of slackers who live hand to mouth and refuse to have emergency funds like responsible members of society.
Also, (You):
>I have enough emergency funds to cover five maybe six tenants not paying their rent but 14? 14! Why should I wipe out MY savings over this?

Everyone else should be prepared for the worst.
But, not you?
Oh, ok. You're a boomer. Makes sense.

We're all getting dumpstered frendo

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It's called eating the loss, I figured you would understand that being a boomer, but it means you fucked up being spineless and not screening your shitty tenants and so you accept it.

entitled bitch. Makes sense

This. Same kid, different angle.

Why don't you have the funds to pay your mortgages for up to three months? That should be the basic level. Don't get me wrong - they're scum for not paying but you're scum for living without three months or more income saved up to deal with your costs. Stop living hand-to-mouth and take fiscal responsibility - it's clear you had too much property and not enough assets and the government shouldn't have to pay for your lack of foresight.

Yeah I’m homeless and maybe a few hundred bucks short of keeping my only source of income after being kept from working for 2 weeks, but if the people I don’t like also have their lives fucked then it makes it rather easier to bear

Capitalism at it's finest. The second something goes wrong the entire thing collapses.

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Oh yea he's been up in /adv/ trying to spread this garbage there, too.

You own what are called investment properties. An investment does not guarantee a profit. It is your own stupid fault that you do t have the money and can’t afford the cost of covering your own investments and losses. You are bad at business. You are a fucking idiot for gambling on 22 houses when you obviously can’t cover the cost. It’s not your tenants fault, it’s your own. They have a right to love in a home and them living in your home isn’t an investment on their behalf it’s a guarantee.

PASTA PASTA PASTA PASTA PASTA
Replied yesterday. Don't even know if that was the first.

You just have to increase your bootstrap level to 100 and you will endure any hardship with ease.

Also refrain from buying lotto tickets and your diabetes testing supplies boomer, and you'll have enough money.

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>Yas Forums
>owning any amount of property other than a twitchthot's attention for more than 5 seconds after a donation

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I don't think he has 22 properties, just 22 tenants. It most likely is that he's bought tenant buildings

The irony is the cops have stopped evicting.

In America you owe 4 months worth after the 3 months.

Fake, but also in an emergency you cant rely on anyone

Why don't go out and get a job?

Yeah, you got called on your crap and you're no better than the people you're projecting on.
You deserve every thing happening to you, because you don't even believe in what you're saying, you selfish faggot.
Die.

That's what you get for wearing a red baseball cap.

>yet he can afford to buy a model year truck every other year and go on insanely expensive fishing trips.
These are business expenses you fucking moron.

Which is why it triggered you?

How is repairing the houses he owns and rents out not a business expense? It seems like the tax code is fucked if that's the case.