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

14 of my 22 tenants are refusing to pay rent. I still have to make mortgage payments. This isn’t right. I am a human being that worked hard and bought rental properties so I could comfortably retire and tend to my passions. Now 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. I have a family to feed to, why shouldn’t I get paid? Why should I subsidise other people’s shelter from my own pocket? When are property owners getting OUR bailout? It's NOT fair

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? Landlords are entitled to a larger check for EACH MONTH of the shutdown.

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Other urls found in this thread:

calmatters.org/health/coronavirus/2020/03/california-coronavirus-mortgage-payment-relief/
imgur.com/fC4aTd2
twitter.com/SFWRedditVideos

You shouldn't let yourself getting cucked like that, time to kill

Everyone should have sufficient emergency funds except me.
You are icarus. Your wings are melting and you will soon drown.

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Yeah, this whole situation is a mess.
People forgot when someone give you something for free, it's not just a + for them, it's a - for someone else.
I'm actually amazed you have this amount of properties. How did you do it?
Maybe you can arrange something with them? Like they pay half of the rent or something like that?

As always, this is b8 and OP is a Fag

Sell the property to the bank if they dont have kids ya know so your not a monster or something idk

>my tenants should have backup savings, but I shouldn't!
cry more

“Everyone should have emergency funds.”
“I have no emergency funds I’m mad.”

If this isn’t ironic then you’re an idiot and deserve to be eaten

cool larp nigger, you've never owned real estate in your life
enjoy getting evicted when you refuse to pay money you have to settle the debts you owe

That's not at all what he said, gj showing that you can't read.

imagine if you took all that hard work and actually produced something meaningful to society instead of being a leech.

this is the 3RD time youve posted this PLEASE jerk your dick a little harder that no one is going to rub your back and dry your tears

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>being a landlord in the first place
your bad

Sounds like OP spent all of his money on stupid shit instead of having an actual emergency fund.

Play stupid games, win stupid prizes. You're responsible for your well-being, Covid-19 or not.

99 checked & sheked

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You should have had savings, you retard, instead of living from tenant's paycheck to tenant's paycheck

Stale copypasta is stale af

You can defer those mortgages also. Call the bank. You have 90 day waiver. I'm pretty sure you don't own anything though. Also Republicans been socialists since they bailed out the banks for their own greed. At least the auto industry paid back there bailout. Chase hasn't yet. Damon wanted a Yacht for his dog

>calls renters people who live hand to mouth
>is crying to Yas Forums that people wont hand him money

Maybe see if they have any family members that you want to bang and work something out?

LANDLORDS ARE PARASITES
EXPLOITING THE LOWER CLASS' HUMAN NEED FOR SHELTER IS EXPLOITATIVE AND EVIL
YOU PERFORM NO SERVICE, YOU OFFER NO BENEFIT, YOUR SOLE PURPOSE IS TO BUY UP LAND SO THAT THE PEOPLE WHO NEED THAT LAND TO SURVIVE HAVE TO PAY YOU TO OCCUPY IT
"BUT I PROVIDE MAINTENANCE" THE TENANTS COULD EASILY COVER MAINTENANCE WITHOUT YOU ROBBING THEM OF THE MAJORITY OF THEIR PAYCHECKS
LANDLORS ARE SLIMY, MISERABLE, PATHETIC LEECHES. THE SOLE PURPOSE OF A LANDLORD IS TO ROB THE WORKING CLASS.
PUNCH YOUR LANDLORD

its sucks, but the banks were given money to lend to people like you. at 0 interest.

Calm your tits you broke bitch. If you have the money, why rent instead of buying a house? Landlords buy a house, put people in their so they can live without worrying about fucking insurance, tax, and other covered utilities. YOu want landlords to give you the house for free or some shit? Do you even know how much it cost to maintain a house as a landlord? You sound exactly like a broke nigger that only know to blame people for "exploiting you" when you yourself won't try to make a different to your life. Pathetic.

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Lmao if u need some muscle let me know , shits already escalating

Stop making these rent threads, faggot.
You're not fooling anyone and we KNOW you're under 18.

And to quote you: have sex
faggot

Meh just kick them out when things go back to normal, make sure it shows up on their Credit Report, and make sure to tell any potential landlord who calls exactly what they did.

They'll get what they deserve.

Also, give your paying renters a break next time you increase prices, since you now know they aren't piles of shit.


To the pieces of shit freeloaders: Enjoy paying more for credit for the rest of your lives, you deserve it.

you have that many tenants and your nest egg can only cover rent for 6 fucking people???? then you're living hand to mouth like everyone else shut the fuck up and suffer through this like everyone else. Why should you get to make money while everyone else loses their homes? seriously shut the fuck up whiny bitch. With 22 tenants you should be making bank, and if you're not then YOU fucked up. You're in the same boat as all of us bitch. Get skinned alive and eaten mother fucker.

Pay your rent fag, sell your faggy NEET toys if you have to.

Turn it into a Coronavirus shelter they will pay or get out.

Contact your bank. Many of the banks are allowing delay of payments. For a person with this many tenants, I'm surprised you're not aware of this.

Welcome to the fucking party you greedy fuck. You're going down with the rest of them.

You don't have to pay your mortgage either dumbass. Also, you can charge them twice the rent to make up for it in the future after the virus.

Don't know what state you're in but this is happening in california:
calmatters.org/health/coronavirus/2020/03/california-coronavirus-mortgage-payment-relief/

You think landlords are bad people?

Why do you need to make this thread over and over again?

Why is all of your income based on other peoples money. Youre livin* off of others basically. Get a real job fag

OP, taste the smell of my balls. You faggotty leftists love that don't you. You love faggots and islamists, which is like puking while you suck dick, so I know you crave the taste of the smell of my balls. How do you not suicide with all that leftist self contradiction. Have you tried OP? Have you tried killing yourself? Well try a little harder little buddy, you'll get there.

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eat shit and die scumbag. making a profit out of people's need for housing is immoral

I would say the same to our govt. but you of course would disagree with that.

Apparently everything that involves profit is immoral. Are you by chance a communist?

I have a solution for you

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So what you are saying is that because of the covid situation the income you normally receive is not available and thus you cannot pay your mortgage(rent)? And that you don’t have a large enough emergency stash to make up the difference? Hmm. Sound familiar, phaggot?

Why do landlords seem to be the only investors who always expect guaranteed return on their INVESTMENT? ALL investments involve risk,suck it the fuck up, you should have planned for emergencies you parasitic leech. Bootstraps bitch

the same can be said of renters and everybody else who signs a contract.

It goes both ways idiot.

So here's what you do.
You cut the power, and keep their deposits. Then issue formal notices for them to get the fuck out. As soon as things get better you throw them the fuck out. Either that or get a gun and demand payment.

Use your emergency fund, like a responsible member of society.

Not legal at all. It depends on where he is located.

If OP can get deferment from his bank, then he should extend that to his tenants.

OP sounds like you should've had more emergency funds!
Have you considered pulling yourself up at your bootstraps?

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If you do that you're grade A fucked. Every lawyer that side of the country would lick all ten fingers to get that lawsuit.

Well the gun part yeah.
But if you include electricity as a utility with the cost of the property.

You should have every right to pull the plug on a service YOU are paying for and providing.

I doubt normal utility companies are doing Jack shit for people who can't afford their electricity or internet bills. Yet nobody is suing them.

Maybe you think you should, but you definitly can't. You still need to go the full path of warnings and notices and eventually legal eviction. Especially when it comes to basic utilities.

Oh, and don't even THINK about touching water.

There is this thing called 'tenant rights' and while I agree you should absolutely be allowed to cut the power if you have a non paying tenant, you're not allowed to in many states. This is one of the reasons why it's preferable to have separate utilities for the tenant so you're not in this situation. Stupid the power company can cut utilities but the landlord cannot.

Power company also needs judge orders usually. They're just a lot better at getting them.

imgur.com/fC4aTd2

I said electricity. Not water.
I'm not an animal.
You act like I'm not reasonable. The tenants I would do this to are ones who refuse.

If I could help ones who can't pay. I would try and help them out. Give them the chance to catch up for as long as their deposits covers, maybe give me items as collateral. Then pay it back later. I'd probably for the first month reduce the fees to cover bare bones expenses.

But refusing to pay. Hell no. You will pay me back.

This guy speaks the truth.

Nice reddit post you fucking faggot

Maybe I'll install devices in every home that I can turn on at my disgretion that make noise. And if they remove them, they have to break the house... Violating their terms.

Like I said before, if you can get a deferment from the mortgage company, you should extend that benefit to your tenants as well. I would seek out this route first before doing anything that would sour the relationship with your tenants.

Just turn the pressure waaaay the fuck down, and adjust the temp on the water heater to lukewarm at best.

Also pay some local shitheads to annoy the fuck out of your tenants until they pay up. You have a list of their vehicles, break into them and recoup whatever you can.

Don't get caught.

you should probably work on your lease agreement then bud, ya played yourself

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I'm saying you're putting yourself into hot water. Regardless of how reasonable you think you are, you're putting yourself into massive legal liability.
Not to mention that cutting their power and forcing them out still wouldn't get you money, y'know? No one's looking for a flat right now. Worst case you now have a bunch of pissed off soon to be ex-tenants with a grudge fucking up your property on purpose.

Why don't you have an emergency fund for all the tenants you have, like a respectable member of society, are one of those people living hand to mouth?

You'd get in trouble for that if they can prove it was there to create irritation in the tenant to drive them out. You're not the first person to think of such a thing. Again, try to get deferment on the mortgage payments before thinking of drastic measures.

If people refuse to pay because they tjink they're entitled. Then they have already soured the relationship.

>Just turn the pressure waaaay the fuck down, and adjust the temp on the water heater to lukewarm at best.
Bad idea, you need actual hot water in those pipes or you get bacteria, and then the mucinipality is on your ass again. Pricy shit.
> You have a list of their vehicles, break into them and recoup whatever you can.
Really bad idea, you'll almost certainly get caught, and if they're poor they're not dumb enough to leave anything of value in there.

This pasta is so stupid. Go fuck yourself, op.

Maybe they were nice and took a chance with some poor tenants.

They'll learn from their mistake.

Landlords, in the future when someone applies make sure to contact past landlords and see if your potention tenant took advantage of this situation to not pay.

If so, hard pass on renting to them, or demand first and last 2 months up front, and then put them on a month to month lease.

If they are fucking over a landlord now, they will fuck you over in the future.

Cops aren't going to respond to shit like this now, landlords should take advantage of this to drive out worthless tenants.

the amount of people in this thread that fall for bait
fucking hell

YOU FUCKING FAGGOT

NO YOU'RE NOT

YOU'RE NOT A FUCKING LANDLORD YOU ARE A FAT TRUMP HUMPING FAGGOT TALKING SHIT

STOP MAKING THESE THREADS
STOP MAKING THESE FUCKING THREADS FAGGOT

YOU FUCKING FAGGOT

NO YOU'RE NOT

YOU'RE NOT A FUCKING LANDLORD YOU ARE A FAT TRUMP HUMPING FAGGOT TALKING SHIT

STOP MAKING THESE THREADS
STOP MAKING THESE FUCKING THREADS FAGGOT ----YOU FUCKING FAGGOT----NO YOU'RE NOT----YOU'RE NOT A FUCKING LANDLORD YOU ARE A FAT TRUMP HUMPING FAGGOT TALKING SHIT----STOP MAKING THESE THREADS--STOP MAKING THESE FUCKING THREADS FAGGOT ------YOU FUCKING FAGGOT----NO YOU'RE NOT----YOU'RE NOT A FUCKING LANDLORD YOU ARE A FAT TRUMP HUMPING FAGGOT TALKING SHIT----STOP MAKING THESE THREADS--STOP MAKING THESE FUCKING THREADS FAGGOT ----YOU FUCKING FAGGOT----NO YOU'RE NOT----YOU'RE NOT A FUCKING LANDLORD YOU ARE A FAT TRUMP HUMPING FAGGOT TALKING SHIT----STOP MAKING THESE THREADS--STOP MAKING THESE FUCKING THREADS FAGGOT ----YOU FUCKING FAGGOT----NO YOU'RE NOT----YOU'RE NOT A FUCKING LANDLORD YOU ARE A FAT TRUMP HUMPING FAGGOT TALKING SHIT----STOP MAKING THESE THREADS--STOP MAKING THESE FUCKING THREADS FAGGOT--

That won't help you see a crisis coming that puts literally millions on the street. People who've always paid are now left without income en masse.

>making a profit
adequate, perfectly fine
>making a profit out of basic human necessities
evil and exploitative, it's not fine to be able to buy a fuckload of houses while your tenants can barely pay their rent.

again OP I hope you fucking die. shoulda made an emergency fund like a responsible member of society.

Evict them, dumbass. You can still do that.

pretty much this. I own three houses with my brother, we took a tenant with issues, but at least no evictions. even before the pandemic we had already put him on month to month because he failed to pay and refused to at least tell us there was a problem. after any restrictions are lifted on evictions, if he isn't current, he's gone.

Kill yourself, you underachieving sack of shit.

Then they better start sucking some landlord dick.

Hopefully a lot of landlords will sell after this, driving the rent market up.

Enjoy living in a ditch faggots, or a $1200 a month studio with three roommates out in the boonies.

They don't need to. You end up getting sued, and the courts will still work. Especially when it comes to such an easy case to decide.

Can't squeeze blood out of stone. Ironic to whine about them not being able to afford the mortgage payments, how do you think the bank feels? This is an unprecedented event that the govt. has mandated. The way it was handled in 1918 was completely different.

Therefore, it starts at the top. If the banks won't defer payments, then yes I expect the whole house of cards to collapse. Otherwise, if the bank offers deferments, then that should be extended to the tenants as any landlord that doesn't is an idiot. Many states are passing laws saying you can't kick people out during this time anyway. The best you can do is try to mitigate the damage to yourself as much as possible. Kicking people out isn't likely one of them.