/biz/ - Business & Finance

>>18132383
Burn the properties down and collect insurance. But don't do all 6, that would be too obvious and too much of a coincidence. Just do like 4 or 5.

>>18132383
You dumb fuck!
I only rent out to single female students.
During the interview they need to be coming from a broken family and have a scholarship in other words be poor.
So they are unable to pay for legal council and accept sucking my cock and my cum in their vagine if they can't pay.

Kick em out

>>18132383
Fuck off back to discord, tranny piece of shit

>>18132383
Seriously? You go to the bank and sell your property rights because you're an overleveraged baboon.

>>18132383
let me guess youre one of those retards who always goes on about muh leverage and laughs at rentfags because "lol just get a mortage and have your renters pay it off". I know your kind very well and I take great joy in seeing you fags et rekt

Dilate

>>18132383
Evict when the courts reopen. Sue them for what they owe, garnish wages and bank accounts if they don't pay. Use 0% interest SBA loans from the government to stay afloat until you can recoup the money and find new tenants.

>>18132383
protip: this is a LARP

>>18132383
larp. rent isn't due on the 27th dumb fucking zoomer. git gud.

>>18132841
>>18132843
I'm not fucking larping.

>rent isn't due on the 27th
Obviously not you fucking retarded, read my post. I said that on this day a month ago 98% of my tenants had already paid rent. Now it's at 30%.

>>18132700
Fuck off commie

>My business cannot survive a profit gap
The absolute state of land lords. one gap in cash flow in the span of.... ever... and their whole things shits itself. Business 101.

>>18132383
You need to fucking understand that when a pandemic is raging across the globe, there are going to be economic consequences. Additionally, not being understanding of the situation and putting a knife to your tenant's throats demanding rent when they don't have it is scummy, ruins your reputation, and makes you an disgusting landlord.

Everytime I see a landlord whining I buy more SQQQ. Your sheetrock shithouses are going to be worth dirt in 1.5 years because you decided to be a piece of shit instead of work.

>>18132383
>you will not receive SHIT this month
>your entire property will be filled with human feces or burnt
>you can't evict anyone
>you will clean everything, FOR FREE
AHAHAHAHAHAHHAHAHAHA

>>18133421
definite larp calling him a commie. the guy is calling you an IDIOT for thinking you can just go autopilot on these things. why am i even saying this its a LARPPPP

Landlord here. I own 4 apartments. My tenants raided and killed me yesterday. Just respawned. What the fuck? They'll get banned for sure.

>>18132383
Can we agree to sage these threads from now on? Don’t need fucking 50 rent threads a day.

>>18132383
Good thinking. Gonna wait to the last minute to pay just to make them squirm. The suffering of landlords is probably the only good thing about this whole shitstorm.

>>18133850
>Landies vs Tennies the videogame
Take all my fucking money. That sounds like a way better idea than paying rent.

>>18132383
your tenants will evict you

>>18132383
Nice larp rent rat

Commie slide threads have moved to /biz/. Sage 'em all.

>>18132747
>when the courts reopen
Never ever, this is the last stand of mankind

landlord here, i'm so desperate i started to accept rent in crypto

so far made only one paid, it was in zano

>>18132383
Go back abominable tranny.

>>18133713
Of course I understand there's a pandemic, and if they told me that rent might come a little late this month I'd be perfectly happy. I know there's a lot of shitty landlords out here, but I'm not one of those. I'm a great guy
>Additionally, not being understanding of the situation and putting a knife to your tenant's throats demanding rent
Oh fuck off you retarded communist. Do you understand how the real world works? Someone has to pay for my mortgages and my expenses. People think being a landlord is so fucking easy, but my properties are spread out 40 miles from eachother. Some times I have to drive between them more than once a day.

https://vocaroo.com/nEASgwf9ibb

>>18132527
I would pay some good money to let her kick me like that

>>18132383
Labour >>>> Capital

>>18132383
Gay larp and no one cares. Fuck landlords and fuck renters. Commies should be homeless. You should only rent to chinks and Jews.

>>18132524
based and redpilled

Since they violated their contract, return the favor. Start allowing homeless and junkies to move in with them. Invite every homeless mf'er in the area to stay in your homes and give them all a copy of the keys to the door. Let the tenants deal with that shit while you watch from across the street sitting in a lawn chair and drinking a cold beer.

The problem if you even evict these people, how do you even make up the lost money? No one is out looking to fill your vacancies.

>>18134499
This landie cope is quickly becoming the most comical thing I've seen in ages.

>>18132383
LANDLORDS FUCKING WRECKED LMAO

>>18134499
Lol, good job wrecking "your" property.

>>18132383
So what? You put all your eggs in one basket betting the economy would never tank and you could just live on easy mode collecting rent. Now you'll have to eat the loss like everyone else. Either find new tenants, which you won't do without cutting rent, or sell your properties, which you'll have to do at a loss.

>>18134753
Like these parasites aren't going to do that anyway. That's what insurance is for. I mean my personal option is to just shoot the tenants for trespassing, but some might not be comfortable with that.

>>18132524

This

>>18134364
>Someone has to pay for my mortgage and my expenses
So, you don't work? Wow
>People think being a landlord is so fucking easy
>I have to drive between them more than once a day
Oh my god, won't someone think of the poor landlords who have to drive around all day!

Why don't you become a fucking lorry truck driver, it seems like you are perfectly suited for the job.

>>18132383
Who’s gonna pay exactly when no one has jobs? There’s gonna be way more landlords seeking tenants than there are prospective tenants with income

>>18132383
Bruh just sell pics of your feet online and make a premium snap for your butthole

>>18132383
>How the FUCK do I evict over half my tenants?
You don't.
You're not gonna find any replacements for them anytime in the next six months.
I'm also a landlord, number one priority is using them as useful idiots to rally the governments to cut interest for landlords to zero, so you'll "forgive" the rent for the time being.
Till then, stress the fuckers. Get them to work for you.
Evicting them is like firing all your workers now when you know you're not getting any income for six months anyway and will need to re-hire them all at the end. It's cheaper just to "Stand them down".
Have a conversation with them and ask them to only pay "interest and utilities", that being what you would pay in interest for the total value of the property they're renting, not how much you're actually paying.
"While everyone's under pressure I'm happy not to make money, but I don't want to be loosing money"
I'm not fussed about it, I have income elsewhere and evicting them would just mean I have to find more tenants and that's always expensive.

I had a bad encounter with eviction back in the 90s. Ever since then on day 5 I file and send a registered mail notice. Last time when it finally came together I had all their shit outside waiting to be taken to a dump. They had two days to get it but of course they never came by. Then they threatened to sue over it but never did. People are weird and dishonest, no more chances unless you want to learn the hard and expensive way I did. Act fast is my best advice. It doesn't matter, an empty rental is better for your portfolio than an occupied one that isn't paying but incurring wear and tear, usually intentionally too. Run a promotional and say that your first month is $150 off, charge the usual, then increase it by $150. It's not perfect but the higher the rent the less shit you get from tenants. The you get what you pay for meme is psychologically calming, just be sure to stay on your maintenance game so if you somehow get a good one they stay a few years.

>>18132383
And this is why you manage your leverage. If you can't make it a month with a 70% cash flow decrease you deserve what you get.

T. Landlord with 1 property beside their primary residence paid for in cash. Don't give a fuck if my tenants pay or not desu.

>>18135060
You should do that. It'll anger the normies who will rob you blind.

>>18132383
LARP!

Daily reminder that the average chapo is a NEET or severely underemployed.

Let the bodies hit the floor.

Send them the eviction papers.

>>18134364
>Some times I have to drive between them more than once a day.


Oh wowyou have to drive a car so people can give you money? Such hard work

>>18132524
BASTE

>>18134364
Weak LARP but thanks I'll keep an eye on my landlords daughter in case she needs a good rape

>>18132383
>https://www.aliexpress.com/item/4000623283153.html
Offer the tenant below them $100 a week to mount these on their ceiling, and give them free 3M hearing protection.

>>18136124
Kill yourself.

>>18134364
Why the fuck should your tenants care about your welbeing? There is a global crisis going on, they are going to take care of themselves first.
Even if you evict them you're not going to get the rent.
If you can't support your properties without someone elses money then you don't deserve to have them.

>>18136631
If you can't pay rent you don't deserve a rented home.

Retard communist fuck.

Daily reminder that the average Chapo Trap House subscriber is a NEET or severely underemployed.

According to a subreddit survey:

>Employment
Place your bets..

40% of Chapos are unemployed or employed less than full time.

18.5% claim "employed student", but this could be either full or part time. Given what communists think of capitalism and hard work, the answer is likely part, but it is not possible to say definitively from the answers.

If I make the easy generalization and say that those employed students are all working part time, the previous figure jumps to 58.5% of Chapos being unemployed or employed less than full time.

35.6% are employed full time or self-employed. You may now proceed to speculate about what "self employment" is for a capital-hating communist.

>Finances
Now we get to the good stuff.

43% of Chapos make less than 20K a year. Given the previous stat that places most of them in coastal areas, likely with high costs of living, I would venture an educated guess that most are below the poverty line.

Remember that 30K a year is $15/hour before taxes. With that line in the sand drawn, it means that 44.3% of Chapos are making at or below entry level wages.

A few of them (4.6%) claim to make more than $100K a year. These users should leave immediately, because they'd be first up against the wall when the communist revolution takes hold.

94.7% of Chapos are in some kind of debt with 48.2% of that debt being, unsurprisingly, student loans. 42.2% of Chapos have a debt value below $1K, with 52.5% having more than that.

71.8% describe their material conditions as "comfortable" or "adequate".

>>18136647
I never said they did.
Don't put words in my mouth because you don't have a real argument faggot.

>>18132383
YOU GET WHAT YOU DESERVE

>>18132383
what's the 98% of 6

>>18136562
Imagine the sybian that could be constructed...

>>18134423
low t cuck detected

>>18136657
>If you can't support your properties without someone elses money then you don't deserve to have them.
This is not an argument. All businesses rely on others money.

>>18132383
Death squad

>>18136712
Yes it is an argument.
If you can't float your own business because of a shortfall you're a retard who shouldn't own a business.
I've owned the same two cantina trailers for 10 years now. I can float their cost for 3 months with 0 business because I know there might be a time I don't fill sales quotas.
It's part of being a business owner.

>>18133926
But pay you will tennie.

>>18136754
NOO!!! BUT SOMEONE TOLD ME IF BUSINESS SAVE CASH THE WHOLE ECONOMY WOULD CRUMBLE CAUSE NO LIQUID

These threads really make me realize this board is just full of poorfags that don't even have a house.

>>18134364
if you’re worried about bills have you considered getting a job?

oh wait you cant because we’re in the middle of a fucking pandemic, no they dont have your money

>>18132383
You don't have 6-18 months of expenses saved for emergencies?

Literally basic financial planning. How the fuck do you own so much shit without an emergency fund?

Pic related is my retard gambling and even I have an emergency fund

>>18134364
God damn some of the responses to this... Dude's got a fucking career just like everyone else and needs to pay mortgages on time, how hard is that to understand. Owning several properties is NOT fucking easy.

Bro I don't think there really is a solution to this. Someone's probably getting fucked either way, and unfortunately it's probably going to be you. Keep in close touch with your lawyers or advisers to see what kind of options you have and how much time you can buy yourself.

>>18136836
mindless

dawg, if the Fed hasn’t already sent you a check you are already fucked. Unless you already have money saved up you’re not paying your bills. Why do you think Trump suspended evictions?

>>18132383
>>18133223
Nice try tenantcuck.
We aren’t worried at all, and your attempts to manufacture this as a real concern, and to foment some type of movement against landlords is silly and transparent, and also won’t work.
Rent’s due on the first.

>>18136944
I'm fully paying bills and will continue to do so. I don't qualify for Trump's puny little check. I'll be fine on my own for quite a while... But all I'm saying is shit can hit the fan really fucking fast when you are invested in a lot of shit ie. properties.

>>18132524
basado y rojopillado

>>>/int/120388361

>>18137145
Based snitch

>>18136973
>W-we aren’t worried at all
Try not to drown in your own sweat

lol retards

>>18136754
And not being able to float yourself in case of no income is not part of being a citizen?

Every single business relies in liquidity flowing. Restaurants needs customers, landlords needs tenants, gyms need people to sign up for gym memberships and so on. Profit margins for 99% of businesses is low single digits. Saving money isn't viable because you get punished for it as a business.

There are very few companies who can operate with no income. Just like government can't govern without income, it's no different.

You're retarded if you think "part of being a business owner" is to be able to stay alive without months worth of income.

>>18134426
Commies think people don't own the product of their labor.

>>18134364
8/10

>>18137503
They don't, cappies give wagies just enough of their labor back, in the form of money, so that they don't starve. Even then they're not doing too good of a job as mass unemployment and poverty looms. If workers actually owned the product of their labor, they would have democratic power in terms of economic and political affairs. They dont, its not the wagies that approve war, austerity, and shit responses to pandemics.

>>18137468
EVERYONE should be able to live without an income for several months.

>>18137744
Perhaps, but many people can't handle money.

Businesses have no incentives to save due to government interference.

>>18132383
All these landlord threads are Marxposter slide threads.

>>18132383
You don't idiot. Your can't evict and the bank can't forclose. Read a fucking newspaper ya dingus.

>>18132383

Nice larp faggot