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Rent STRIKE! (#3 will Shock you!)

doogiedoogie Member Posts: 15,072
but #1 won’t

Keep your house as you lever up on the next one, they said.

Live the Landloard life of Passive Income, they said. (Hi Softy!)

CRASH!

wanna buy my extra houses? NO! they said.

https://www.zerohedge.com/personal-finance/every-landlord-needs-see-shocking-chart-ahead-may-01




Comments

  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 107,553 Founders Club
    Courthousesteps.jpeg
  • UW_Doog_BotUW_Doog_Bot Member, Swaye's Wigwam Posts: 16,146 Swaye's Wigwam

    Courthousesteps.jpeg

    California banned standing on government property
  • TurdBomberTurdBomber Member Posts: 19,987 Standard Supporter

    Landlords are leeches. Housing is a human right.

    Landlords should be stripped of their property and tried in court.

    Okay, I'm a leech then. And a cockroach. And a bloodsucker. And a callous, heartless mother-fucker. All True.

    Now, pay me, or GTFO.
  • SledogSledog Member Posts: 34,422 Standard Supporter

    Landlords are leeches. Housing is a human right.

    Landlords should be stripped of their property and tried in court.

    Okay, I'm a leech then. And a cockroach. And a bloodsucker. And a callous, heartless mother-fucker. All True.

    Now, pay me, or GTFO.
    I've been getting rid of rentals when I can and I'm down to three. No pay, no stay! Just like everyone else.
  • TurdBomberTurdBomber Member Posts: 19,987 Standard Supporter

    Landlords are leeches. Housing is a human right.

    Landlords should be stripped of their property and tried in court. lynched.

    Fuck It. Why not just go all the way?
  • Bob_CBob_C Member, Swaye's Wigwam Posts: 10,900 Swaye's Wigwam
    I’m a landlord.

    Come to me with a real hardship before you stop paying and we can talk. Of course I’m going to want to see your personal p&l in details and propose line item cuts to the discretionary spend that you think is more important than rent before I agree to any payment plan. Of course you’ll need to sign that plan.

    If you aren’t proactive, I’m going to be pissed and shame you financially, it’s my only recourse. Government taking away shaming is the worst thing that has happened to this country, it’s led to everything else.
  • LebamDawgLebamDawg Member Posts: 8,740 Standard Supporter
    I gave up being a landlord. 3 months of not paying (had a property manager) then finally getting a check and getting paid. Then going thru it all again - so I axed the PM to get rid of them. that took 4 months cause he had to do it legally. Finally got a payment, PM paid me, then tried to get me to refund the $$$ when the check bounced. Fool he was. I told him to go after the renters as I have taken the property off the market.

    Did $1500 worth of repairs to the place to get it livable again. PM was MacPherson Realty. The renters went on Section 8 about one month after renting. What a nightmare
  • PurpleThrobberPurpleThrobber Member Posts: 44,781 Standard Supporter
    If you're not taking sex in lieu of cash for rent, you really should bookmark Cougfan.com and GTFO out of here.

  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 107,553 Founders Club
    Bob_C said:

    I’m a landlord.

    Come to me with a real hardship before you stop paying and we can talk. Of course I’m going to want to see your personal p&l in details and propose line item cuts to the discretionary spend that you think is more important than rent before I agree to any payment plan. Of course you’ll need to sign that plan.

    If you aren’t proactive, I’m going to be pissed and shame you financially, it’s my only recourse. Government taking away shaming is the worst thing that has happened to this country, it’s led to everything else.

    I actually did this as a renter on my trip to the abyss. Came out and said I have a problem. I had an excellent track record, agreed to weekly payments, had just got a job again, and paid the late fee until back in good graces.

    As you know as a landlord, finding someone that will pay the rent and not burn your shit down is worth keeping
  • doogiedoogie Member Posts: 15,072

    If you're not taking sex in lieu of cash for rent, you really should bookmark Cougfan.com and GTFO out of here.

    Contingency planning begins with the tenant Application process?
  • PurpleThrobberPurpleThrobber Member Posts: 44,781 Standard Supporter
    doogie said:

    If you're not taking sex in lieu of cash for rent, you really should bookmark Cougfan.com and GTFO out of here.

    Contingency planning begins with the tenant Application process?
    In the field, we call that 'last month's rent'.

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