The government is going to have to do the same thing with these mortgage payments.
My pops had a court date last week for eviction but it was postponed due to COVID-19. These stupid ass people were shorting him and he had to do too much to get his rent money for a few months. Courts arent evicting anyone right now so he made a call. The streets will handle it. They gonna be up outta there regardless.But after the issue goes down and people resume work. Do you plan on paying the landlords for the back rent or are they supposed to bear the economic brunt for you?
I'm saying this as someone whose mother has rental properties and she's relying on them for money. So during this period of time y'all saying fukk her and the rest of the landlords. They as a business are not gonna have any money during the crisis while you keep yours. She also has loans on them which haven't been waived.
Personally I feel like the necessities will remain the necessities. More than ever you'll need a place to be in and youll need food. Those are things we have always prioritized. Why is it fair to the landlord that you don't want to pay for that necessity..
Or is their some reprieve landlords are being given I haven't heard of.
Imagine everybody in an apartment complex not paying their rent..... That stress
No, not one in the same. You're telling me you don't see the similarities at all? They ain't "ASKING" for shyt, they're straight up telling their tenants if you don't pay you're looking at eviction.@you're NOT "n!ggas"
you see similarities in a landlord ASKING for money (meaning they don't have the money yet), and a company REFUSING to give money back as one in the same?
please just answer with a yes or a no. I'm seriously curious.
Most governments have already banned eviction notices for 60 days, so you’re really not pressed to pay right now, but I’m paying on time since I’m still employed for the foreseeable future.
Hell No.What if they suspend rents? Will you still pay?
All you people have the wrong attitude. People are loosing their jobs and you are worried about landlords getting their money. If a couple people don’t pay rent that shouldn’t hurt rental companies and cause them not to eat. People who loose their jobs and can’t pay rent might be in that position. I could Give the same argument to landlords who have to pay the banks. “PAY YOUR LOAN” I dont Care who is or isn’t paying rent tough luck. You see how easy it is to apply that logic. Punch up don’t punch down.This thread is why I refuse to be a landlord. People entitled to not paying rent not knowing the landlord also survives off that rent. We aren't in a pandemic yet, no reason to not pay in a timely manner
nikka...if you are a landlord, that IS your job.All you people have the wrong attitude. People are loosing their jobs and you are worried about landlords getting their money. If a couple people don’t pay rent that shouldn’t hurt rental companies and cause them not to eat. People who loose their jobs and can’t pay rent might be in that position. I could Give the same argument to landlords who have to pay the banks. “PAY YOUR LOAN” I dont Care who is or isn’t paying rent tough luck. You see how easy it is to apply that logic. Punch up don’t punch down.
All you people have the wrong attitude. People are loosing their jobs and you are worried about landlords getting their money. If a couple people don’t pay rent that shouldn’t hurt rental companies and cause them not to eat. People who loose their jobs and can’t pay rent might be in that position. I could Give the same argument to landlords who have to pay the banks. “PAY YOUR LOAN” I dont Care who is or isn’t paying rent tough luck. You see how easy it is to apply that logic. Punch up don’t punch down.
That’s my point bro. Punch up don’t punch down at people in the same position or WORSE off than you. The same logic that you are using saying people should pay up rent could be used against landlords from banks. Maybe theses landlords should save up an emergency fund of 6 months like they tell everyone else to or diversify their investmentsnikka...if you are a landlord, that IS your job.
We aint talking about corporations and development companies not getting returns, we are talking about people who depend on rent money to survive. Understand that the majority of all rental properties are owned by people, not businesses. And in that case, not getting rent means you can become homeless and indigent.
Ok and what makes landlords who have to feed their families more important than people who have been laid off as a result of this virus? Absolutely nothing. The simple fact of them owning capital puts them in a better position than most. I say this with my family having a property investment company. If you don’t like it how about diversifying your investments and not relying solely on rental property for your income. See how easy that logic is to apply ?Because Landlords need that money to pay the banks and feed there familes. We aren't talking corporate rental companies, of course they can take the hit. Regular Landlords on the other hand cannot take the hit. If you don't like it how about buying a house instead, which is much cheaper in the long run?
Like I said, if I get into real estate it will strictly be Commercial, not trying to deal with the average joe and his woes.