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| Eviction Moratorium Unconstitutional (Page 4/4) |
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cliffw
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MAR 01, 11:35 PM
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| quote | Originally posted by FriendGregory:
The missed payments are added to the end of the loan term.
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What a racket,  . The loaner could not move the property anyways, yet gets more money due to interest.
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82-T/A [At Work]
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MAR 02, 06:25 PM
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MJ, Black Rams, if you have any interest, I'd be happy to go into detail about being a landlord. I'm not the most experienced... I've literally had two tenants.
The first one really trashed the place... $10k damage. A petite girl with her two kids, basically did a lot of damage, and she didn't even really realize it. She was never late, but I had to move back into the house, and ended up renovating it.
The second tenant keeps the place immaculate, but is always calling in service requests. Most are OK... but it's frustrating. He's never been late, always pays.
I have a property manager now, I negotiated 6%. They do an OK job... I mostly don't have to deal with anything, I just get the bills and they deduct it from the rent. I don't make a whole hell of a lot on the house... I think I clear $400 after all expenses. But, the home continues to grow in equity, and they're paying my mortgage.
Bottom line, you have to look at it like a business, not an emotion.
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sourmash
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MAR 02, 07:25 PM
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Keep in mind that property management companies will rip you off by falsely claiming repairs were needed. Condos and multiplex apartments are notorious for it. My perfectly functioning and higher quality kitchen light fixture was replaced with the cheapest turd you could buy.
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maryjane
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MAR 03, 10:16 AM
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| quote | Originally posted by 82-T/A [At Work]:
MJ, Black Rams, if you have any interest, I'd be happy to go into detail about being a landlord. I'm not the most experienced... I've literally had two tenants.
The first one really trashed the place... $10k damage. A petite girl with her two kids, basically did a lot of damage, and she didn't even really realize it. She was never late, but I had to move back into the house, and ended up renovating it.
The second tenant keeps the place immaculate, but is always calling in service requests. Most are OK... but it's frustrating. He's never been late, always pays.
I have a property manager now, I negotiated 6%. They do an OK job... I mostly don't have to deal with anything, I just get the bills and they deduct it from the rent. I don't make a whole hell of a lot on the house... I think I clear $400 after all expenses. But, the home continues to grow in equity, and they're paying my mortgage.
Bottom line, you have to look at it like a business, not an emotion. |
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2 kids can do a LOT of damage, in a hurry, without even trying.
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blackrams
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MAR 03, 09:42 PM
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| quote | Originally posted by 82-T/A [At Work]:
MJ, Black Rams, if you have any interest, I'd be happy to go into detail about being a landlord. I'm not the most experienced... I've literally had two tenants.
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The home I hope to buy would not become a potential rental until.................
Hopefully, that's a long way off but, will keep you in mind. Thanks for the offer.
Rams
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