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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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18141777 No.18141777 [Reply] [Original]

6 of my 9 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?

>> No.18141807

can't you just got law enforcement involved?

>> No.18141819

>>18141777
Should have owned a large corporation baka.

>> No.18141827

>>18141777
If they aren't paying for what they agreed to in the contract you should sue them

>> No.18141840

Kick one of them out and the rest will pay. They don't take you seriously.

>> No.18141859

>overleveraged slum lord with no emergency fund complaining about slum dwellers being overlereraged and not having an emergency fund thread #452

>> No.18141867

>>18141777
It's a sticky situation anon
It's a disgrace that so many people don't even have enough money saved to cover an extra month's rent.
My girlfriend is one of these retards and I have to cover for her this month. She is a retard, but this has never happened before, and the government literally forced businesses to close and leave many with no income for a month.
You should really be blaming the government. They should have had a way to get these stimulus checks out more quickly.

>> No.18141869

>>18141777
>the world is a fair place

>> No.18141897

>>18141777
WHY didn't YOU have enough 'emergency funds' to tide you over for a month or two in times of crisis? Are YOU such an irresponsible member?

whatever. Now, talk nocely to your bank and beg for mercy, borrow money from friends or family, sell your jewellery, pimp our wife, get a job at AMZN. BUT YOU MUST PAY YOUR MORTGAGE, soon-to-be ex-Landie. There can be NO EXCEPTIONS, not even in time of pandemic

>> No.18141923

>>18141777
trumpbux is your bailout you stupid boomer.

>> No.18141970

>>18141807
That's stupid. If you kick them out, you'll have to find new tenants. Which will probably be impossible. But if you let them stay and they start to earn money you lose less, cuz you don't waste ur time finding new one and all those fees.

>> No.18141971

>>18141777
Go back to /pol/

>> No.18142016

>>18141777
>It's my tenants fault for living paycheck to paycheck and not mine for interviewing them and knowing them before renting because let's be honest, I have a lot of debt myself and I need the money asap.

They must be some realllllllyyyyyyy dumb folks

>> No.18142071

>>18141867
Yeah people are retards because every aspect of their life has some parasite like OP or yourself STEALING the value of their labor. Your girlfriend is a retard, but mostly because shes with a pathetic sack of shit like yourself

>> No.18142078

>>18141777
>I am a human being that worked hard and bought rental properties so I could comfortably retire and tend to my passions.
Lol obviously not because you're in debt. All you're doing is exploiting people so you can pay for shit. You play the game you face its wrath.

>> No.18142084
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18142084

>>18141777
you're getting off easy bitch nigga

>> No.18142142

>>18141777
Law enforcement + lawsuit. Don't even bother showing a droplet of mercy, compassion, empathy or any of the other subhuman values.

>> No.18142155

>>18141777
>investing in multifamily
>not investing in medical/industrial
A fool and his money are soon parted.

>> No.18142175

Healthy businesses run paycheck to paycheck. Right?

Self employed retards like contractors and landlords treat their business revenue like a paycheck. They get a luxury car lease and go on cruises and fail completely if they miss out on a single payday.

Cutting corners to maximize margins AND having no savings at all means you are both an asshole and stupid. A stupid asshole.

>> No.18142200

Mortgage foreclosures are on morotorium and take months anyhow. All these threads are fake.

Will there be long term consequences from this, sure?

Is any landlord going to have properties that are occupied for non-payment of mortgages in the next three months? No.

Some tenants will be bullied into leaving, but in fact the system is slow enough in every state that it'd be 90 days until anything moves. During the 2008 crisis and on mortgage foreclosures lasted an average of 18 months. No landlord is worried about losing there buildings. They have other cash flow issues, e.g. credit card and auto debt or no savings to replace income.

No bank forcloses on 1 missed payment.

>> No.18142206
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18142206

OP here. Lmao this is a larp. I just copied some post from /pol/ that was probably copied from somewhere else. All landlords should hang.
FUCK LANDLORDS
FUCK NIGGERS
FUCK THE FED
BUT MOST IMPORTANTLY...
FUCK JANNIES!

>> No.18142215

>>18142206
impossibly based

>> No.18142219

>>18141777
Don't you have an emergency fund for situations like this?

>> No.18142236

>>18141777
kneepads

>> No.18142258
File: 2.47 MB, 3000x1688, 180628132118-amazon-prime-partners[1].jpg [View same] [iqdb] [saucenao] [google]
18142258

>>18141777
or Just hand the property back to its rightful owners, the bank. Just think, a new you, freed of worries, nagging tenants - you could get a new job, be healthy, large-breasted, out in the open air all day, meeting new people. Park your van in middle of their golf-course lawns. Get your Wagies paid reg'lar into your bank, long as you aint sick or plague or shit. Good Luck!

>> No.18142270
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18142270

>>18141777
the larp stopped being funny like 60 threads ago. You niggers can stop now

>> No.18142308

>>18141807

Cop will say it's a civil matter. Gotta take them to court for an eviction. What's that? Oh shit, looks like the court has a backlog of several months. Gotta wait your turn. Hope you have several tens of thousands of dollars in the bank or access to this kind of credit, because the banks might be offering a forbearance but not a deferment. :^)

>> No.18142337
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18142337

>I worked super hard to buy these slaves
>Lazy slaves can't pick enough cotton
>Why should I have to support people who live hand to mouth? I worked hard to get this plantation.

>> No.18142587
File: 64 KB, 960x812, landlords.jpg [View same] [iqdb] [saucenao] [google]
18142587

>>18142142
t. landlord with the same problem as op

>> No.18142612
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18142612

>>18141777
Suck dick landlord kike, your first on the day of rope.

>> No.18142629
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18142629

>>18142206
BASED

FUCK LANDLORDS
FUCK KIKES
FUCK POLITICIANS
BUT MOST IMPORTANTLY....
FUCK JANNIES!

>> No.18142825

Lmao get a real job, faget

>> No.18143654
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18143654

>>18141777
Why do people go all-in on as many mortgages as they can take?

>> No.18143676

>>18141777

I know this is a LARP but I'm gonna stroke my dick to it as if it were real.

>> No.18143707
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18143707

>>18141777
>9 tenants
>multiple properties
>mortgage still not paid off
>not enough money saved to help with mortgage

sounds like YOU fucked up anon. who cares about your "problems" any way? "lifes work" lmao get fuckin real. owning property is easy as fuck. oh no better fix a toilet, oh no, gotta evict someone, oh no i lost 3 months rent, what ever will i do"

this is america bitch. get fucked

>> No.18143754

>>18141777
YOU GET WHAT YOU FUCKING DESERVE

>> No.18144299

>>18143754
How about another mortgage Murrayyyy?

>> No.18144319

>>18142206
May I fuck you?

>> No.18144343

Take all their stuff out and change the lock when they leave.

>> No.18144363
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18144363

>>18141777
>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
Why don't you just use your emergency funds?

>> No.18144402

>>18141777
Bro honestly are you just going to cuck? Go watch action movies where badasses pop kneecaps and then go lay down the fucking law and say if they can't afford it all now you can help them out but they need to pay X amount so you can keep the shit running. Otherwise throw their asses out, if they aren't going to pay anyway start looking for new tenants ASAP.

>> No.18144418

>>18144319
I'm a 6ft 6 Australian man who weighs 100kg. You can but it will cost you...

>> No.18144420

>>18141777
Landlords get paid rent because they take all the risk.

But now you’ve learned what risk means.

>> No.18145024

>>18141777
>because of slackers who live hand to mouth and refuse to have emergency funds

so you have emergency funds right

>> No.18145034

>>18143654
because theyre greedy and stupid
these are the exact same people who have been laughing at renters on /biz/ for years. muh leverage, muh why would you rent when you can take a mortgage and have your renter pay it off. all these retards are getting rekt right now because they are overleveraged to the hilt.

>> No.18145058

>>18145024
>communist thinking in action

>> No.18145081

>>18144418
skinny phaggot

>> No.18145128

>>18141867
its the scary reality. most people do live paycheck to paycheck.
its sounds like a meme or a cliche'
but its a big fat scary reality,..

when we stop and think what it really fuckign means to be living paycheck to paycheck. its barely surviving. i lived that way for many years because of reasons, i can remember the sense of fear, hunger, insecurity and dread of thinking what would happen.
now im way better position and always have money in the bank, in investment accounts, retirement, no debt, etc.,,, it gives me a great sense of peace and comfort knowing i don't have to give a shit if i missed a paycheck. but of course i have a good job with a good employer and im in demand so i don't have to worry about anything right now. if i had to go for a year without a paycheck, then i might start having some concerns
i cant imagine going back to living paycheck to paycheck. fuck

>> No.18145135

>>18141867
>They should have had a way to get these stimulus checks out more quickly.
i don't like the idea of the govt having direct access to my bank account, too many implications of what that might include, like direct withdrawal of your funds when they decide you owe them something

>> No.18145139
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18145139

>>18141869
harsh, but fair

>> No.18145147
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18145147

>>18142258
whoa, id like to make a delivery into her prime box

>> No.18145166

>>18141777
Nice bait m8.

>> No.18145178

>>18145135
You know they don't have to be able to pull money out to put money in, right?
But unless you're banking with fake details odds are they can already take your money if they really want.

>> No.18145204

id sooner sleep in my car than liquidate my link stack

>> No.18145214

>>18142206
based frog

>> No.18145390

>>18141777
>Emergency funds
Literally nobody in this economy has emergency funds. Absolutely no-one.
Not you.
Not them.
Not the people that employed them.
Not the government bailing those people out.

It's a mix of deep cultural and deep economic problems.
Don't hate on your tenants when they're just another symptom of a broken system.

Everyone's getting fucked. That's just how it goes.

>> No.18145453

>>18141777
I guess you should have saved for a rainy day and not lived rent check to rent check.

>> No.18145464

>>18145390
>Literally nobody in this economy has emergency funds
i do
enough money to last me a year
nothings stopping anyone to save a certain amount of their income every month
nothing is forcing people to blow all their cash on stupid shit every month

>> No.18145469

>>18145128
The problem is choices
I hear so many fuckint people complaining about how hard it is, yet they have a $300 car payment. $80/phone payment on top of a $120 service plan for that phone. They’re the ones who pack a lunch for work 1-2 times a month MAX. I’m sick of the fucking lying crybaby democrats pretending life is hard. You want to know what’s hard? 250 years ago if you didn’t cut enough wood in late summer you would die from freezing. If you didn’t provide a bountiful harvest, you’d die from starvation. If you didn’t have a direct connection to a doctor, who could be days away on horseback, your kid dies from strep throat. we live like ROYALTY compared to previous humans and it’s just never fucking good enough for the retarded victimized masses.
Go live in fucking rural South America and tell me how horrible the USA is. you fucking RETARDS

>> No.18145513

>>18145469
>$80/phone payment on top of a $120 service plan for that phone.
Are you pulling those numbers out your arse or is US Telecom really that fucked?

>> No.18145766

>>18141777
Just use your savings that you built from collecting prior rent payments. You know, your six months of savings.

>> No.18145801

>>18141777
Landlord... what is this the Middle Ages? what idiot goes into real estate.

Buy a businesss dumbass.

>> No.18145861

>>18145469
ok boomer

>> No.18146161
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18146161

>>18141777
Defer your mortgage payments. Get it set up at the bank.
It’s what I did before all this shit went down just in case my tenants don’t pay.
Another thing, if you have a good contract written up you can always charge their co-signer/guarantor for rent if the tenant decides to fuck you.
Usually their co-signer is a parent or close family and they will give your tenant shit for making them pay for their delinquency.
However, you should be able to work something out with your tenants temporarily if they can’t pay. However make it clear that you won’t be subsidizing their living expenses and if they do not intend to pay rent going forward that you will use their guarantor.

>> No.18146197
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18146197

>>18142612
Satanist jacobins serve their master the devil and have no considerations for God
Yet their tongues wag talking incessantly of ((human rights)))

>> No.18146205

OP reads like a larp. Real landlords would have thrown these subhumans out in a day. Fuck the poor. And I'm not meaning your prostitute gf.

>> No.18146216

>>18141777
Larping rent rat

>> No.18146230

>>18142071
Based lmao

>> No.18146280

>>18141777
>tries to make money with borrowed money
>it goes wrong
My nigga you aint a responsible member of society

>> No.18146292

>>18146280
Oops, I didn't read the BASED plot twist

>> No.18146294

>>18142206
t.landlet

>> No.18146356
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18146356

>>18145469
Reminds me of this meme. How are reusable water bottles and coffee at home not normal? The US deserves to collapse.

>> No.18146460
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18146460

>>18141777
Larping faggot. Go pay your rent, or not. Nobody cares

>> No.18146610
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18146610

Reminder to everyone.
People living paycheck to paycheck are the "consumers" the government talks about.
Taking loans, buying shit they can't afford..companies live off those retards. Modest people don't pump a lot of money back into the economy because they accumulate. These retards on the other hand give more than they have.
They are necessary.

>> No.18146642

>>18145469
>They’re the ones who pack a lunch for work 1-2 times a month MAX
The amount of money people spend on restaurants fucking floored me the first time I got an office job. I think this is legitimately a large part of the answer to the eternal "how do normies manage to spend so much money?" question. They spend hundreds and hundreds of dollars a month at restaurants, and because it's a slow trickle most of them have absolutely no idea what a giant amount they burn through on food.

>> No.18146666

>>18141777
Haven't read the thread, but just threaten to kick them out it's not like anything has changed from the paradigm we live in, i guarantee you'll get payment from most of them if you do this, and the ones who don't pay, kick them out and cut your losses.
Time to be cut throat bro

>> No.18146735

>I thought I could get free money without doing equivalent labor

Oh no no no

>> No.18147287

>>18141777
>gotta pay your rent bro, not everything's free in life!!!!

oh so when YOU get the pill suddenly you're complaining? wow! guess you shouldn't have gotten into real estate or you should've just saved for disaster!

>> No.18147363

>>18146666
>kick them out

How? The cops won't do it without the courts, the courts won't do it for a year or more, probably. Get a posse and do it vigilante style? The cops WILL react to that, and not to his favour.

>> No.18147374

>>18141777
You're the one relying on payment from people who apparently have no money, and it sounds like you're in the same situation. You rightly expect these people to have emergency funds, but you do not...

>> No.18147395

>>18141923
>$1200 covers rent from 6 tenants
right. not to mention, despite being a broke dummy, OP probably earns enough not to get anything anyway. Unless it's no longer capped at 75k.

>> No.18147428

Are landies the new discord trannies on /biz/?

The answer: definitely.

We also found out they can't meme and no retort; they use violence as a first resort. What an unprofessional bunch these landies have become. Not one rational argument and then they say we are dumb. It's almost like they want to show us the business they made. Except most of these landies never worked a day. They lie cheat and steal just to take what you make.

Don't forget your landlord is a snake.

>> No.18147434

>>18141777
>to have emergency funds like responsible members of society
Just use your emergency funds then, you crying little bitch. Oh let me guess... you're over-leveraged? Tough luck, you knew the risks.
You shouldn't blame other for not being responsible if you're not yourself.

>> No.18147463

>>18141777
Take it from their deposit

>>18146666
Hello quad Satan

>>18147374
>>18147287
>>18144363
>>18143707
>>18142175
>>18142078
>>18142016
He has to pay the rent of 6 people in total including all their utilities. Id like to see you do that.

>>18141897
Do you think the bank will care about the well being of the tenants if they take over his property?

>> No.18147468

>>18146356
burger here, I just read that image and basically had the same thought before reading your post. I guess it's a sacrifice for some millennial kids to forgo their $7 Starbucks "coffee" milkshake and their $3 bottle of name brand future-water.

>> No.18147501

>>18147463
>from the deposit

Landies ? Hah they spend that check as soon as they get it. I think you mean

>take it from someone else's rent or deposit that you didn't already spend

He already spend it. He is an irresponsible landlord. Very typical. Haven't met an honest one. Why is it like this?

>> No.18147514

>>18145513
no sounds right. the hot new smartphones run you several hundred to a thousand dollars, so a lot of people (no joke) actually finance them, so they make monthly payments on the physical phone itself. 120/month for your plan is a little steep but maybe that's with an expanded plan, or home internet and cable rolled into one.

>> No.18147539

>>18147463
Imagine expending energy defending a fake landlord on 4chan

>> No.18147572

>>18147463
>He has to pay the rent of 6 people in total including all their utilities. Id like to see you do that.
I can't, but then if I was in a position of owning that much property, I would make damn sure I could. Who's fault is it if he put himself in an untenable position?
>jump out of plane with no parachute
>"I'd like to see you land without dying"
>ok, but I'm taking a parachute
fucking dope

>> No.18147743

>>18141777
Here's my response as if it wasn't always leftypol bait posting >>18119135

>> No.18147772

>>18147743
Hitler DESPISED Landlording fuck face spread your leftypol meme lies someone else fucking land snake.

>> No.18148141

>>18147514
I just wait for my mum to get tired of her phone and when she wants to buy a new one she just gives me her old one.
t. Has a S7 and has no desire to upgrade but when I do in a couple of years she'll just give me her S10

>> No.18148181

>>18141777
You think other people can pay if you kick them out? You’re a piece of shit you rent seeking leech.

>> No.18148228
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18148228

>>18141777

isnt this the situation deposits exist? first month and last month, that's 2 months worth of rent you should have from each tenant.

I have over 250 apartments I own and gain rent from, all of them have 2 months deposit. I am comfy AF.

arent you a responsible landlord who has backup funds available for natural disasters, government fuck ups, tenant deaths etc?

im serious where are your deposits?

>> No.18148249

>>18141777

Spotted the jew.

>> No.18148283
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18148283

>>18141777
>bought rental properties
if so you bought them you wouldn't be paying mortgages. what you did is leveraged equity to collect rent from the lower class, which is the definition of scumlord shit. you deserve to have this blow up in your face for your high risk parasitic behavior

>> No.18148333
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18148333

>>18146610

>> No.18148467

>complain tenants don't have any money saved to pay rent
>OP doesn't have enough to pay mortgage

You see the ponzi dynamic here?

>> No.18148522

>>18148283
Based. OP didn't work hard for his properties, he borrowed money from the bank and is essentially a rent collector with a bad case of unwarranted self-importance.

>> No.18148603

when's the last time you actually provided a viable service for these people

>> No.18148791

>>18148522
>a rent collector with a bad case of unwarranted self-importance
based and actual truthpilled

>> No.18148814

>>18141777
>landlord is dependent on rent payments to pay a mortgage
If I were king this would be illegal

>> No.18148869

>>18141867
This and also why the fuck would anyone get into property management anyways. What a waste of good assets

>> No.18148898

>>18141777
>guys help I gambled away all my money plus money I borrowed and now they're saying they can take my stuff??? How is this legal???

Die.

>> No.18148957

>>18141777
kick them out and let in remote workers

>> No.18148974

>>18142206
Based and indubitably redpilled

>> No.18149002 [DELETED] 

>>18142206
unequivocally based
also bless trips

>> No.18149037

>>18142206
Lmao patrician taste sir well played

>> No.18149114

>>18141777
Just use your emergency fund bro.
You do have an emergency fund... Right anon?

>> No.18149168

>>18147572
Would you be saying that if you were renting your car?
>Durr hurr I can't afford anymore it but I'll keep it tyvm, it's mine now.
Wyd?

>> No.18149236

>>18141867
>Not married
>Paying your girlfriend's rent
Anon, I...

>> No.18149378

>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.
Where's your 6 month emergency fund landkike?

>> No.18149482

>>18141777
Nice LARP, you queer.

>> No.18149546

>I put all my eggs in one basket
>IT'S NOT FAIR
eat shit retard.

>> No.18150782

>>18141777
waste of digits tb󠠭h

>> No.18151952

>>18146610
>They are necessary.
Should have known I'd find accelerationists on /biz/

>>18147463
>He has to pay the rent of 6 people in total including all their utilities.
You mean the mortgages of one person?

>>18147514
I signed up for an S10 in January and even if I was paying my net bill alone I'm only on the hook for half their figure. Wasn't thinking about cable but even that wouldn't tip it and I'm the one in a country where the cable market is a monopoly.

>>18148228
>I have over 250 apartments
Is this the 300 confirmed kills of /biz/?

>> No.18152033

>>18148228
>250 apartments
You could literally live like Dan Bilzerian and you choose to post on this board, get lost larper.

>> No.18152955

>>18141777
You also took that risk,

>> No.18152991

>>18141777
You risked an investment and you got justed. Take the l and lower your rents

>> No.18153031
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18153031

>>18141777
>I could potentially lose my life’s work because of slackers who live hand to mouth
Like yourself?

>> No.18153042

>>18142206
Haha, excellent ruse.

>> No.18153716

>>18141777
>slackers who live hand to mouth and refuse to have emergency funds like responsible members of society

You know this applies to you too, right?

>> No.18153793

>OP is literally a fat cat
>120 replies as if it's not bait
What has this board become?

>> No.18154139

>>18141777
>Hurr why don't they have emergency funds
>Durr I need to make mortgage payments I'm about to lose my life's work

>> No.18154229

>>18141777
>NOOOO SIMEONE NEEDS TO PAY FOR MY OVERLEVERAGED ASS
You took a risk and now you get to enjoy blowing up
Fuck off

>> No.18154254

>>18141777
SOOOO MANY LANDLORDS ON /BIZ/ SUDDENLY WOW!

>> No.18154304

>>18141777

Where are your emergency funds, responsible citizen? The economy is shut down. No one is getting a paycheck, and neither are you.

>> No.18154321

>>18141777
>I still have to make mortgage payments.
>worked hard and bought rental properties
you didn't buy anything, you asked a bank to lend you some properties with the idea of making someone else pay them. you thought you were smart, now you can get fucked for being a leech.

>> No.18154362

>>18141867

>thinking 1200 will cover anyone's expenses
>thinking people will choose to use this meager sum to pay for rent before using it on groceries and life-critical expenses
>thinking that lives are expendable if it means keeping the economy going during an epidemic
>thinking landlords don't need to have emergency funds saved but that poor people living paycheck to paycheck should
>saying you should be angry at the government instead of a systematic oppression of workers that maximizes employers' profits while keeping everyone else living paycheck to paycheck

lol, you sound like you suck. Hope your gf leaves you

>> No.18154368

>>18154321
slumlord is upset because he lost his job and cannot pay rent to the banks

>> No.18154410

>>18141777

You don't need to pay rent now
You don't need to pay rent ever
Landlords don't produce anything or contribute to society
Stake the bloodsuckers

>> No.18154489

>>18148333
trips checked

>> No.18154531

>>18142206
noice

it's interesting to see the number of responses this thread got (mine included) and the emotionality in each one of them. society truly hates landlors.

>> No.18154533

>>18153793
>>120 replies as if it's not bait
When you can call Poe's Law on almost any serious post what's the harm in playing into an obvious joke?

>> No.18154815 [DELETED] 
File: 586 KB, 2304x1155, 1585331817742.jpg [View same] [iqdb] [saucenao] [google]
18154815

>>18141777
thats what we do in eastern europe. So listen carefully.
You pay your tenants a visit with your friend Vladim and Chad and you very carefully explain to them individually that you dont fucking care about the goverment and the virus, if they dont pay the fucking rent in the next 48 hours they will be floating down the river and cops will do jack shit since courts are closed. If that wont work pay another visit but this time make it look like a bulglary (kicked out door, iphone stolen, faggot beaten to a pulp).
If you cant manage that- only the fittest will survive

>> No.18154850

>>18145469
>if you didn’t cut enough wood in late summer you would die from freezing. If you didn’t provide a bountiful harvest, you’d die from starvation. If you didn’t have a direct connection to a doctor, who could be days away on horseback, your kid dies from strep throat
we need to go back to those times. people have been brainwashed into consuming more and more just for the sake of consuming.

>> No.18154863

Funny, if the landlord loses his house, so does the tenant, its like people have a need for being homeless.

>> No.18154953

>>18141777
You went into debt and bought properties you had no intention of living in. Now the humans you were exploting cant pay and somehow they're the bad guy?

>> No.18155488

LOL at everyone replying to OP seriously as if it's not a LARP. Makes me think most of you are either paid shills or mindless NPC's just following the crowd.

>> No.18155551

>>18149546
lol

>> No.18155602

>>18154863
>if the landlord loses his house, so does the tenant
nope.jpg
tenants still have protection, bank would need to evict them separately after taking possession.

>> No.18155706

>>18141777
So you, a parasitic boomer, are allowed to live hand to mouth propped up on cheap loans from central banks, but others cannot?

You shouldn't have got yourself so leveraged. Things will only get worse for you when property prices plummet.

>> No.18155729

were landlord threads a thing too back in 2008

>> No.18155750

Communists don't understand economics, if they did they wouldn't be communists.

Please kill yourselves retards.

>> No.18155764

>>18155729
These retards were 8 years old in 2008, so no.

>> No.18155987

>>18155729
2008 was people making shitty speculation on their own and not because unemployment suddenly spiked the bubble

>> No.18156044

>>18141777
awesome, im working to spread non-eviction info and tenant rights online so more tenants realize they dont have to pay you faggot usurers. lets bump that number to 9 out of 9

#NoRentCoronavirus

>> No.18156060

>>18141777
Cant you sell the property?

>> No.18156077

>>18142142
sorry fag, there is a national moratorium on evictions until may and most states have blocked evictions in the next 6 months

>> No.18156101

>>18156060
this. sell it to a tenant for a months worth of rent

>>18155706
also this. why didnt OP save an emergenecy fund to make his mortgage payments for at least 3 months?

>> No.18156129

>>18154863
nope, the tenant would actually get longer stay and more free months of rent while shit gets sorted out between the new owners. and banks will take lower rent payments just because they have a desperate need of liquidity

what, you think the banks are going to be prepapred to manage millions of properties all over america overnight?

>> No.18156354

>>18156060
I'm not an expert on mortgages but if they sell at a loss don't they still owe the difference?

>> No.18157208

>>18142206
Absolutely BASED, Ta Ta

>> No.18158701

>>18141777
document everything and then sue them in small claims court when this is all over. With governments shitting their pants over this virus and everyone freaking out, you're SOL at the moment and like others have said, police will consider this a civil matter and right now most non criminal courts are shut down. Also as far as your business goes, I wouldn't be going public about this or sending threatening letters of eviction notices because I guarantee anyone of those deadbeats will post it on social media and play the victim
>omg I'm out of work and big evil scary landlord is threatening to evict me if I don't pay my rent
people are acting so retarded and emotionally charged over this outbreak they will try to attack your business and your properties, best wait until this blows over to send anything to these people.

>> No.18158821

>>18141777
its your fault for not managing your risk.

>> No.18158835

>>18141777
>I still have to make mortgage payments.
>I am a human being that worked hard and bought rental properties

Haha this must be bait, in case it's not, no you did not buy anything. You're just managing those properties for the bank, who bought them with money they printed by typing digits into a computer.

>> No.18159520

>>18146356
You honestly don't even need to go as cheap as ramen to save a lot on food, you just have to spend the time to make it at home.

>> No.18160425
File: 393 KB, 640x360, 1585272199877.gif [View same] [iqdb] [saucenao] [google]
18160425

>>18141867
First off, fuck you this is no one else's problem but your girlfriends.Thinking the gub-ment owes you or your girlfriend anything is nigger think. Not having any savings is stupid. If she needs money tell her to sell her car, clothes, home furnishings, body whatever it takes. Stupidity and lack of planning isn't everybody else's problem. What would she had done if the building had a fire, she'd still be out of a job. With no money and no backup plan. I'm not that smart, but I still try to have 3 months of savings in cash. it took 2 years to get to that point. but it will keep me from starving while we ride this shit out.

>> No.18160468

Being a land owner is a career in itself. I don't understand why people "retire" into a career.

Better yet. Why don't you have emergency funds?

>> No.18160577

>>18141867
You and your girlfriend are niggers begging for gibs that add to the national debt. Get mad at kikes, but the government you cuck ps she has a separate place to fuck around in and you pay for it.

>> No.18160584

>>18141840
This

>> No.18160700

stop splurging on advocado

>> No.18162219

>anyone who isn't a dead beat like me must be a horrible person that had everything handed down
>No one could possibly get wealth by planning, studying and working
>No no no no no not possible

Absolutely retarded.

>> No.18162274

>>18142308
Giving burn the house while they're sleeping and try to get away with it.