PLEASE HELP. My tenants organized and are saying they won't pay rent this month. ALL OF THEM.

[NkrumahWasRight Is Wrong]

Only on The Coli, landlords don't have mortgages, insurance, and rising property taxes.

Water and sewer bills

Possibly utilities depending on lease

 

[Standing on business]

Only on The Coli, landlords don't have mortgages, insurance, and rising property taxes.

And they’re still responsible for all maintenance on the property.

 

[151_Pr00f]

I'm seeing tons of open hatred towards landlords, celebrities, businessmen and politicians during this virus shyt



Interesting times ahead of us.

The shift

 

[Astroslik]

Banks arent charging land lords either though

This is completely state by state and bank by bank.

 

[get these nets]

OP,

you pump faked, I came in here thinking that a member was going through this.
All members who own rental property should have reached out to their tenants via email/text already.
Tell them that it's an unforeseen emergency situation and that you are willing to work with them through a difficult time. Willing to amend the terms of the lease agreement .

 

[The Fade]

Fake like those cuck stories in /r/relationships

 

[itsyoung!!]

This is completely state by state...

Id imagine itll be nationwide since its the big banks

 

[Michael's Black Son]

HYON

 

[CouldntBeMeTho]

And they’re still responsible for all maintenance on the property.

If you own a 32 unit building and don't have a decent amount set aside for emergencies then wtf kind of shape is the rest of the country in.

Of all the stories and people to feel sorry for in this whole crisis. This ain't it!

 

[Don Homer]

quick question about this

wont the landlords just evict everyone? because there are prolly some potential tenants who WILL pay the rent, right? the striking tenants can just be replaced.

 

[Master Teacher]

Doubt this happened. 32 units everybody on code? Nobody working from home?

people just type shyt on social media to go viral.
If you have 32 units you have a lawyer on deck.
All they have to do is ask for proof of income over the past month and take it from there.

Its gonna take 90 days to envict them no matter what, you can just throw people out when they refuse to pay rent that's why being a land lord is dumb

 

[The Intergalactic Koala]

I'm seeing tons of open hatred towards landlords, celebrities, businessmen and politicians during this virus shyt



Interesting times ahead of us.

 

[Master Teacher]

If you own a 32 unit building and don't have a decent amount set aside for emergencies then wtf kind of shape is the rest of the country in.

Of all the stories and people to feel sorry for in this whole crisis. This ain't it!

you can't be this stupid, land lords have month to month expenses just like the tenants, its a symbiotic relationship that's why its important to pay your rent on time you dumb muthafukka lmao

 

[CouldntBeMeTho]

When did I ever say anything about whether or not they should be paying costs?? Just read

It doesn’t matter what she SHOULD be paying. The reality is there are still costs. This quarantine got you nikkas acting real dumb.

You have to pay a mortgage, tax, insurance, maintenance. That nikka acting like landlords pocket all revenue without any costs.

I never said that. I would bet her net income is way higher then most people. In fact she's probably damn near top 1% of all income earners most years. Dummy

 

[dtownreppin214]

bro this is a person that is running to reddit for help on how to run HER business. Expecting her to have money saved or to figure out that she can most likely get all her bills postponed as well is asking too much.

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.