Doesn’t work if your landlord is a former SF Combat Medic.
Charlotte had been following the moratoriums as NYC and Los Angeles have been doing until NC threw them shyts out the window late last year. I own a property on the West side that’s been in my family for decades that I have been renting out to a family of five for the past year and a half.
When all this shyt with the pandemic popped off, I called the husband and wife and began negotiations cause I already knew what was coming. For whatever reason, the husband cut me off me getting aggressive talking about he doesn’t have to pay anything cause of Covid..I told him how long you think this shyt gonna last? Would you rather let your rent accumulate at the full amount or do want to make it easier for you and your family once this shyt is over? His fire burned out quick.
I own the property outright and only pay property taxes and insurance so I have flexibility. After talking to them both. I gave them two options:
- Pay nothing while under moratorium but he must maintain the property and will owe all rent accumulated over the duration of the moratorium minus late fees and what not.
- Pay $400 a month for the duration of the moratorium (rent is normally $1250), maintain the property and once the moratorium is done, we will sign a new 12 month lease for a new monthly payment of $1050, reducing his payment by two hundred dollars as long as they pay the $400 faithfully per month. Nothing else will be owed.
Second option was taken and all parties were satisfied..I flexed a little since there was a few hiccups with on time payments but I did that because of their kids mostly. I think landlords in general got caught flat footed by the actions of the government and thought (wrongfully) that they would be made whole..I made no such error in thinking, I already knew I would be at a disadvantage so I immediately began to work with my tenants.
However, this negative mindset against landlords is ridiculous and uncalled for. At the end of the day, it’s business..some of you add all these emotional ingredients into the mix and it’s becomes reflective of how decayed this society is in exercising rudimentary logic and how sensitive this culture is against those who are relentless in the practice of achieving success and security.