TELL ME YA CHEESIN FAM?
I walk around a little edgy already
5047 1/4 Franklin Ave-Cozy Bachelor! Best Location! Great Light! -...Find me some places around $1000 in L.A in a decent area.
PLEASE HELP. My tenants organized and are saying they won't pay rent this month. ALL OF THEM.
- Thread starter Sad Bunny
- Start date
I just saw that. But not everyone goes to big banks for lending breh.
Tommy Knocks
retired
She owns the apartment but she doesn't own the land. She still has to pay a mortgage for that place. and insurance.
they cut costs BECAUSE they're not pulling in that much. They do things like get a landlord and offer free rent so they don't have to do any work. thats the only reason its an ideal job. you sit back and do nothing while generating an income. not everyone has 2-7 million to buy an apartment, thats why folks say its hard to lose once you get into that bracket.
I was watching shahs of sunset and ol boy and his brothers just bought an apartment in east hollywood, dude thought it was going to be sweet and easy.....they are struggling
its not until you get tenants and the place is locked that you start getting money, but you gotta pay that loan 
I literally told my tenants ay where all in this together just give me what you can and well see what the govt does. That lady seems like a bytch
@ the person who created that postfeel sorry for ppl who do nothing but sit back and collect profits without adding any real tangible value brehs
Housing
MasterOfAllHeSurveyz
All Star
What's wrong with using Reddit for advice? I've learned a lot about real estate from there and biggerpockets. I swear this site is so ignorant.
Dude. You can't save 'em. In the words of the late, great Roy Lee, "Let 'em die!"
mortuus est
Veteran
MasterOfAllHeSurveyz
All Star
Most banks don't hold mortgages especially the TBTF (too big to fails). In most cases, they act as go-betweens with the actual lender and the property owner. Some lenders will work with you. Some lenders won't. A forbearance only delays your current payments to be attached to the end of your loan. If they do grant it, there's nothing to stop them six months down the road to call in the loan (fukk you. Pay me). I've seen it happen before with people with plenty of capital, 8XXs FICO, and perfect payment history. That's why I buy ugly houses, buy it cash, fix it myself (thanks YouTube) and do month by month leases after the first year.
Oh, yeah. Section 8 is GREAT!!!
This place doesn't even have a place to hook up a stove, and this is what youd consider decent?
A Section 8 approved closet?
Try again breh.
Dude really about to argue with me about apartments around $1000 in fukking los angeles.
Mr. McDowell
The Brotha's Got His Own Money
Being a property manager or small business owner (which what a lot of these people are), is a lot of work. I don't envy them. I have zero interest in owning rental properties. The reward is not worth the headache IMO.
TELL ME YA CHEESIN FAM?
I walk around a little edgy already
U said decent area..area nikkaThis place doesn't even have a place to hook up a stove, and this is what youd consider decent?
A Section 8 approved closet?
Try again breh.
Move here then
$1050 1 bedroom - apts/housing for rent - apartment rent
North long beach is not a decent area, its among the worst in long beach.
Try again
People seriously 
off of folk making money from economic rents in 2020.
Her entire source of income is the fact that she is wealthier than them and thus can monopolize living space and then charge other people to fukking live without them ever accumulating any value. She adds nothing to society. Yet another reason why every person should have a right to their own home.
And that multiple other real estate managers told her to ask the bank to let her suspend payments for the duration with confidence that the banks would do it because they've already done it for them. So suspending payments is good for wealthy landlords but bullshyt for renters, right? 
yup
off of folk making money from economic rents in 2020. Her entire source of income is the fact that she is wealthier than them and thus can monopolize living space and then charge other people to fukking live without them ever accumulating any value. She adds nothing to society. Yet another reason why every person should have a right to their own home.
And
that multiple other real estate managers told her to ask the bank to let her suspend payments for the duration with confidence that the banks would do it because they've already done it for them. So suspending payments is good for wealthy landlords but bullshyt for renters, right?
yup