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

/biz/ - Business & Finance

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18460470 No.18460470 [Reply] [Original]

Landlord here
I had to let go of my staff today, I may not be able to evict my tenants yet, but I'm sure they'll enjoy losing water, power, internet, maintenance and trash pickup

>> No.18460505

BASED

>> No.18460524

Based. Kick them to the curb anon

>> No.18460529

>>18460470
We're going to need an heavy duty rope for this one.

>> No.18460554

>>18460470
They are going to trash your rentals.

>> No.18460572

>>18460470
face it, you're doing it for free now

>> No.18460583

>>18460470
i dont get this,

when my landlord shut off the power and internet we just opened a new account under my gf name..

>> No.18460665

OP is not a landlord just a larper but landlord are seeing their networth doing a -50% in the next years

>> No.18460686

>>18460470
Don't you have a rainy day fund for this kind of thing?

>> No.18460832

>>18460686
If you're a renter worried about not being able to pay rent, here's some advice: just rely on your savings. Tap into that rainy day fund. Borrow money off your parents. Sell your iPhone. You really should have planned ahead for something like this.

It's not too late to go back to school to learn a trade, either. Apply yourself. Print some resumes and hand them out.

>> No.18460874

>>18460832
Kek

>> No.18460938

>>18460470
Absolutely based.
>>18460529
>b-but we're gonna have a revolution
No you're not. Pay your rent.
>>18460554
They do that without trying under normal circumstances because most tenants are borderline retarded. There's insurance for that.
>>18460686
1. Many landlords do have savings for this because depending on tenants for anything is beyond stupid.
2. It's irrelevant. You should pay what you agreed to pay so long as your landlord is providing everything they agreed to.

>> No.18460957
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18460957

My dad just passed and I'm inheriting 12-16 properties with some in foreclosure.

How fucked am I?

>> No.18461075
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18461075

>>18460470
You could also make it harder for your tenants to pay rent. Like add an unnecessary bit of complicated software that they pay through. Then when they can't pay you should sue them for withholding rent when this whole corona blows over.

>> No.18461230

>>18460832
If I had a rainy day fund I would have mortgaged

>> No.18461316

>>18460470
>water, power, internet, maintenance and trash pickup
Four of those things you don't do.
One of those things you should do but are fucken cheap and won't.

>> No.18461350

>>18460957
As long as they are incorporated seperately you should be able to destroy the toxic assets and keep the profitable ones.

>> No.18461565

>>18460470
Based

>> No.18461812

>>18460832
Boomer advice... not saying it wrong, just saying.

>> No.18461830

>>18460470
If your in a liberal run city your just asking for trouble. Come up with a different plan.

>> No.18461984
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18461984

>>18461316
>Trash pickup
We have community dumpsters with locks, that are going to remain locked for the time being
>Water
Pump on site, I pay for the water to the site, pump is shut off until further notice
>Internet
We wire internet to the building office, I have a guy who wires the apartments to the internet, and provide routers, so I unplug uncooperative renters
>power
Same story, power is ran to a centeral box, we can shut it off for individual units