1/3 of renters skipped rent in April

1/3 of renters skipped rent in April.

Rent is passed due. 14 of my 22 tenants are refusing to pay rent. I still have to make mortgage payments, now overdue. 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.

wsj.com/articles/nearly-a-third-of-u-s-renters-didnt-pay-april-rent-11586340000

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Renting is dumb as shit anyways. No one should be able to make their whole living sitting on their ass. Be nice if this thing ended renting as a whole. I dont think anyone is sympathizing with renters. Yall had it so fuckin easy and the moment it gets tough you start crying. So satisfying to see bastards collecting handouts squirm.

but if they saved money for a rainy day they couldnt have gone on vacation to hawaii, bought the new iphone, donated to bernie, ate at chipotle all week or had 35 grande lattes per month.

they gotta live bro! nobody can afford to save money for an emergency.

Besides rent it too high because of population growth and immigration. it should be lower and we should open the borders to not be racist.

You have no clue. People fucking suck and managing rental properties is a joke. It's months even years to evict some people. Damage deposit doesn't come close to covering some of those costs. Bad renters fuck the entire system, and there are a lot of them.

This isn't OP either, I'm a poverty person and I know how it is because I've seen the way people leave their apartments. People are fucking disgusting. Never underestimate that. I've seen shit, and piss drenched hovels in which toddlers were playing. And mommy is a meth whore and the guys who come over to fuck her, and also rob the neighbors. Nothing is done about it.

I have been dealing with this for a year OP and my tenants are in NJ. NJ has some of the worst laws in place for landlords. I can't even kick them out when the lease is up if they are caught up on payments and I have to offer them a renewal with the price not going up more than 10%. I am not a scumbag landlord - I fix anything that needs to be fixed and go through a management company.

I am having to take a loan from my 401k to cover the mortgage because of their bullshit. Been dealing with this for over a year now.

Dude you post this like every other hour.

It's time to stop.

Good landlords are far and few sometimes so I wish you good luck.

Tough shit faggot should have saved enough money for a emergency like this.

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Consider yourself thankful for not having been guillotined like you should have been long ago.

Where is your emergency fund faggot?

>refuse to have emergency funds like responsible members of society

where's yours

>Expects tenants to have emergency fund to cover all of their expenses
>Doesn't have an emergency fund to cover all of his expenses

Ok boomer

Seethe harder Feudalist

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this thread again? Are you Tenda Spencer, posting the same shite day after day after day?

Expecting shelter to be free is even more retarded.

So true though. People are idiots

lol why is that statue of ric flair naked

This is pasta. Or you like complaining about the same thing everyday.

Yeah and if renting is not a thing anymore, where are all of your pets going to live? Are they moving in with you?

As a slumlord, I'm sure there is a prevision for you to get small business loans. The head slumlord saw to that, although it's hilarious he's exempted.

>passed due
>a family to feed to
>tend to my passions
Selfish dumbshits get no sympathy for me.

Nothing to see here, this is posted everyday.

This. You are supposed to be the responsible one. And yet youre the same.

Where in NJ are you renting out? Sounds like a fucking ghetto. Not that I'm throwing shade at you though, I know how those monkey ass scumbags are when it comes to rent.

>skipped rent in April

>This is pasta.

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Except many people don't even make enough money to go on vacation or blow on expensive shit. For many it simply isn't there.

>copypasta thread
>nobody can afford to save money for an emergency.
This, THIS, is what marketing has brainwashed you all to believe. Most of the crap you pay for you don't need. Junkfood, subscriptions to multiple video, internet, and gaming services. Paying for TV? You don't watch it anyway. Premium for internet? 2G is a bit slow but useful, 3G is great you don't need faster. New car? Buy a 10+ yo sedan for transportation because you can't afford luxury. Designer label clothes? Are you a flaming faggot?
Renting housing? If you were not paying for extremely overpriced junk that you aren't using you could buy a home.
Living from paycheck-to-paycheck is a self-destructive CHOICE.
If you weren't gaming, and instead getting an education you could be earning $60K+ a year, instead of flipping burgers, running a cash register, or scrubbing toilets while begging for more money that you didn't earn don't deserve.
YOU MUST SAVE MONEY FOR AN EMERGENCY, YOU CAN'T NOT AFFORD TO DO THIS.

This. You have a luxury Job OP. You put your money into a pot that you thought would be easy and now you're paying for it.
I REALLY hope things change after all this. Rent is predatory and an illness caused by false value economics.

>have no savings cause i broke my ankle a while back and medical expenses ruined me
>cant risk work because im already a mess of lung/esophagus medical problems so covid could kill me
>briefly horrified that ill be forced to risk either death via customer service or eviction
>mfw landlords kindly ask me one day how im doing and if i need any help and generally reassure me
>mfw gf who only works part time and seems low income whips an unmentioned 20k savings out of nowhere to help with my rent/food until i can pay her back so i dont have to work through this mess even if my landlords stop being so nice
>mfw i qualify for government pity money so i can probably pay gf back in a week or two and stay home rent paid for a few months at least even after that
sucks for everyone else but at least im doing ok lol

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"sing information from the fourth fiscal quarter of 2019, the BLS claims that in that quarter, the median income for a full-time wage or salary worker on a weekly basis was $936. For a 40-hour work week, this translates to a yearly income of approximately $48,672."

So if that's the average, you're going to have maaaaaaaaaany people well under that. And that isn't even that much, especially depending on where you live. Yet we have more jew billionaires than ever and CEOs make more than ever in history.

Amen brother

Its hilarious that you can't see the contradiction in your own argument. Maybe if you were responsible enough you would have money set aside or at least be paying for insurance for when this shit happened.

Im sure those renters would rather be paying a mortgage than paying you rent. But because of monopoly cunts like you who can use profits to pay huge deposits, they can't get their foot on the ladder.

Having financial trouble? Sell your assets cunt

i paid my rent early, i assumed some other tenants would slack off and my landlord is really cool. landlords should be helping eachother out like rich people do. take out a loan maybe, no way you should lose your shirt over this shit.

Call your tenants slackers for living month to month meanwhile you live off the income they provide you and don't work... You are a hypocrite. You are bottom feeding trash, using your small financial gains to exploit others and drive up the price of housing.

And by the sounds of it you don't even out right own the properties you're letting, you're a middle man of the worst kind. If leeches like you weren't in the way; maybe your tenants could afford to pay mortgages of their own?

About 10 years ago a man wrote a book about why modern life is more expensive than the 1950s, where one man could work and support his family. He was on the US talk show circuit promoting it.

It came down to what you said - everyone is busting their ass because they "need" all this expensive stuff that people didn't even have in the 1950s.

So, he basically said you can have a 1-earner family if you live like the 1950s:
>1200 sq ft house
>1 car with no stereo, air conditioning, cameras, etc
>no cable, no internet, no streaming plans
>1 landline with toll charges, no cell phone
>no laptop, no desktop, no game console
>etc etc etc

So once again, if renting is no longer a thing where are your pets going to live? Are they moving in with you?

This nigga thinks 60k a year is worth schooling.
I make more than that on construction and I haven't went to school a day after highschool. That's garbage money on any coast or in any major city, you're clearly out of touch with reality.

>Its hilarious that you can't see the contradiction in your own argument. Maybe if you were responsible enough you would have money set aside or at least be paying for insurance for when this shit happened.
So why don't you say this bullshit about renters? Oh yeah they get a pass right, because they're all disgusting low life pieces of shit like you

so is everybody supposed to buy a house then? i don't get it

you're not dumb enough to think housing will ever be free.... right?

Why don't you have a job? Owning property is not a job.

Can't you just kick them out for not paying their rent? Also you should have a security deposit from them right? First and last months rent when they started renting?

Fuck landlords and fuck you

All investments are inherently risky. This is no different than you leveraging your wealth in the stock market or a horse race. You chose to buy multiple properties without paying them off, aggressively accumulating debt. This is your own fault. You're no different than any other business so get fucked and enjoy your foreclosure hearings as I snap up your property at pennies on the dollar

i think he said in his post that he had enough to cover some rent, not all

>60k a year is worth schooling
That's the starting salary. It goes up from there once you get experience.
There's a reason you're digging ditches for other people.

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Sounds like you wanted easy landlord money.
Did you not have a side job of is doing regular inspections and repairs a full time fucking job?
Because based off all my previous landlords it isn't.

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maintaining rental properties is a shitload of work and expenses. i help my landlord with a few properties. its daily and its always some shit pipe exploding or replacing apliances. or ripping up all the carpets because someone ruined them. hes not even making any profit until the mortgages are paid and he has about 10 or more tenants. being a landlord is not an easy gig like some here think, you dont get to clock out and youve gotta pay out of pocket for every expense.

This right here is the dumbest nigger in the fucking thread. Look at any history of wages, productivity, debt, ceo compensation, and cost of housing, cost of healthcare.
EVERYTHING has gone up in cost while wages absolutely flatline starting in the 80s, coupled with exploding debt and absurd housing prices.
To sit here and say "ItS aLl PeRsOnAl ReSpOnSiBiLiTy" is fucking culckoldry and boot licking of highest degree, absolutely fucking disgraceful

You're whole world view is literally retarded boomer facebook tier, kill yourself immediately

I make more than you digging the ditches.
Also why are you insulting construction?
If I was doing the same thing but had a degree attached to it suddenly it's respectable? Stop trying to shill school to poor people like that's their fault for being failures.

So you are literally a waste of space?

The people here are right OP. The solution is clear. Renting people a basic human right like shelter is wrong. Instead you should stop renting and evict them all onto the streets so they no longer have to pay for shelter. :')

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I'm almost 100% positive this is some sort of shill thread. It has to be. Probably from some commie fucks from Twitter or Plebbit or some shit.

Nice anti-landlord spiel. sage all manipulative discussions

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>worked hard and bought rental properties
>I still have to make mortgage payments
you mean you spent a bunch of money you didn't have to buy houses so you can charge more than your monthly mortgage payment, simultaneously fucking over the housing market and any chance your tenants had of being able to buy a house in the area at a reasonable price

If you can't afford to pay your mortgage without someone else's money, maybe you shouldn't have a mortgage.

Maybe it’s because it’s been posted fucking daily since the epidemic started

If you can't afford to pay rent with your own money, maybe you shouldn't be renting.

I've seen this thread enough times so I think it qualifies as cancer. Besides, you never answer questions asked of you, which means it's a troll.

Sage grows in all fields.

How many of your properties do you own outright and have the title? Let me guess, they are all mortgaged. What do you charge for rent?

It's definitely a troll. It's copy pasta, everyone is saying the same exact shit and not one person replies to anyone calling them the fuck out. It's a shill thread.

so you're just a conveyor belt for the money you collect from the tenants to give to your bank? So they are actually tenants of the bank, yes?
so basically, you are a middle man and provide no value to anyone involved, neither the tenants nor your bank. So when you cannot even fulfill your basic function in this transaction...how do you expect not to be taken out of the equation? After all, your are literally worthless. You add nothing. You can easily be replaced with the next guy and so they will.
Should have had a real business model, buddy.

op is a fag

Hope you feel like a man after all of that.
When you kill yourself please just jump off a bridge and drown to save the rest of the world the trouble of cleaning up after you anymore.

>It's a shill thread
Especially with the image OP provided. Shill cancer confirmed.

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