PLEASE HELP. My tenants organized and are saying they won't pay rent this month. ALL OF THEM.
- Thread starter Sad Bunny
- Start date
T-K-G
Veteran
Govt is freezing alot of those chargesWhen 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.
Maintenance isnt gonna be as available to most anyway due to work stoppages, that's a discussion that needs to be had with the tenants
People are not gonna put up with entities completely ignoring a cotdamn pandemic man, doesnt matter who send a bill, it's just not gonna happen, people will riot first and no one wants that. Easier and safer to just shut up and help each other until this gets sorted out by medical experts and the govt
Again even after her costs she should still be making over 200k a year net profit. Which would put her near the top 1%. she's probably had it for decades.
You don't just have a 32 unit building and NOT set aside the funds for maintenance etc
get these nets
Veteran
A lot of cities and counties have placed moratoriums on evictions. You can't even file the paperwork.
Tenants knew that before they made the joint decision.
OfTheCross
Veteran
I haven't said shyt to my tenants about the virus and they ain't say shyt to me..
Hopefully I get paid in a timely manner next month
This person has at 32 units. She should have alot more shyt figured out. She should have lawyers on deck. Not reddit. I'm sure she could call somebody from the state about tenant law or to ask about some kind of Small Business stimulus money.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.
ahh,nice!
good, i hope theycan stay in their houses.
imagine losing your livelihood from a fukking pandemic, and STILL have a landlord leaving notices on your door about rent
ultraflexed
Superstar
It’s called having a mortgage
Some of you nikkas need to stick to monopoly, this grown folk shyt
Okay dummy I'll dumb it down for you.
If the apartment building has 32 units how much did she pay, easily over 2 million for that building, probably didnt buy it out right and has a huge mortgage.
Second, probably has a third party building manager along with wear an tear that comes along with a 32 unit building.
Not to mention everytime a tenant leaves that unit has to get professionally clean
Now even after all of that anyone making over 500k is subject to a tax bracket of 40%
Which mean her take home is probably 270k-ish
Not including the mortgage on the house she actually lives in.
We dont know if she has kids and pays for there college or private school
Basically you have no idea wtf your talking about
Breh I already said that. Read the whole thread before you fukking quote me. Do I really have to put "gross income" next to the post so you realize how fukking stupid you are. Go ahead and point out where I said she nets 500k in her pocket a year. Because I didn't you fukking fakkit
TELL ME YA CHEESIN FAM?
I walk around a little edgy already
nikka No!
And any tenants paying 1000+ wouldn't be trying to pull this stunt
This is definitely a hood complex
Do expenses exist in your world?
Got it straight off Google. I take that info over your opinionnikka No!
And any tenants paying 1000+ wouldn't be trying to pull this stunt
This is definitely a hood complex
Geezus fukking Christ. The 500 k is her gross not her net. Obviously.
