Posted on 04/29/2020 9:27:35 AM PDT by MeneMeneTekelUpharsin
Keep pushing people and people will start pushing the SHTF.
We were covered under the contract. We had full landlord access. It was legal all the way. He notified us when he was ready to surrender-we drove up & he was still there. Place was a wreck. We had given him 3-day notice to vacate. 5 days before. All laws were followed. I just got a little vocal about the state of my home and said I’d join him...
No rent for two months and a guy dumb enough to drunk text his landlord....
Probably nowhere near your situation.
I’m a landlord in another country, having a lovely beach estate house. Having finished paying what they call equity, next month I was to pay the 10-year mortgage and fire insurance, real estate taxes and other costs and take ownership prior to starting the 10-year mortgage. Was going to have tourists from mainly Germany, Netherlands, the US and South Korea rent.
The lockdown and forced closure of resorts in the Philippines is killing me.
My plan was to get a flight out, stay there until either I find another job here or I start getting income from my properties there. But all flights in the Philippines, domestically and internationally, are cancelled until at least May 31. Until then, homelessness.,
wow-thats a big deal.
makes me feel better about my lil’ol Tyler TX drama.
Hang in there!
I’m wondering if any landlords will file a lawsuit re lost rent...if state intercedes seems like they should be forced to compensate
Did Mnuchin consider landlord comp in the small business relief bill?
How about trying to put away 6% of an already inadequate paycheck with NO matching from the employer? Also not doing any great things in the meantime, like owning a car that wasn’t very recent vintage, living in a house that needed some expensive repairs, & having no medical insurance. This was all occurring BEFORE the coronavirus came along.
> ...what the management of that complex did was cold.
As told by the Mother of the person locked out.
They already are, bypassing the courts and using collection agencies
Were these tenants already late on their payments or did they default before all of this happened?
Lots of questions.
Yes, not a well written story. I don’t know.
Yep...real stupid on their part (if this is the way it really happened). Luckily, we got almost everyone of our tenants to pay on April 1st for the month. Should be much more "interesting" this upcoming month (May)
This is how communists gain power - turn those with no property against those who own property.
Definitely agree with you oldtech, that there are many ways to set funds aside.
My mom told us to set aside new monies from raises. She said if we could live with what we were making before the pay raise surely we can set at least a portion of it away.
Actually got my eviction story on NPR (don’t like NPR, but hated getting illegally evicted more)
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