[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 19 KB, 500x478, 1585240721417.jpg [View same] [iqdb] [saucenao] [google]
18153609 No.18153609 [Reply] [Original]

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

>> No.18153638

stop

>> No.18153654

Pasta

>> No.18153655

>>18153638
found the landy

>> No.18153678
File: 12 KB, 270x270, bk_877_taleb630.jpg [View same] [iqdb] [saucenao] [google]
18153678

>>18153609
>So you're over-leveraged and you blame someone else? You took a risk and it didn't pay off? This is Skin in the Game. You didn't make yourself Antifragile.

>> No.18153686

all this pasta damn! nobody cares if you don't get payed lol

>> No.18153699
File: 171 KB, 1068x1079, chad.jpg [View same] [iqdb] [saucenao] [google]
18153699

>>18153609
lol

>> No.18153743

>>18153638
>>18153678
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.

>> No.18153822

>>18153743
This is the nature of risk, suck it up, buttercup. If you didn't want the risk then you should have invested in skmething safer.

>> No.18153910

>>18153609
Foreclosure proceedings are/will be suspended alongside evictions. Just wait it out, and then this time next year refuse to renew the lease of anyone who didn't keep up with the rent.

>> No.18153944

>>18153609
>I bought these rental properties
No you didn't you took out a loan that you haven't paid back