Current Events > A lot of landlords are about to learn their power is very conditional upon

Topic List
Page List: 1, 2, 3, 4
BeantownHero
03/27/20 4:41:07 PM
#1:


the state backing them up.

That "fuck you, pay me" shit only works in the movies.

---
nothing is a greater tell of an awful human than using "social justice warrior" as a pejorative. without exception.- Bomani Jones
... Copied to Clipboard!
NeoShadowhen
03/27/20 4:45:12 PM
#2:


As opposed to...

Seriously. Who has any actual power in a legal transaction without the state backing them up.
... Copied to Clipboard!
BeantownHero
03/27/20 4:47:24 PM
#3:


NeoShadowhen posted...
As opposed to...

Seriously. Who has any actual power in a legal transaction without the state backing them up.

landlords, in particular, seem to lack self awareness on this front.


---
nothing is a greater tell of an awful human than using "social justice warrior" as a pejorative. without exception.- Bomani Jones
... Copied to Clipboard!
BeantownHero
03/27/20 4:49:11 PM
#4:


https://twitter.com/Eater/status/1242926479228485632?s=19

when cheesecake factory dont even got the money for it...

---
nothing is a greater tell of an awful human than using "social justice warrior" as a pejorative. without exception.- Bomani Jones
... Copied to Clipboard!
NeoShadowhen
03/27/20 4:50:31 PM
#5:


You seem to be generalizing quite a bit. Sorry if your landlord is a dick.

Unless youre one of those nut jobs always railing against the evils of landlording in general.
... Copied to Clipboard!
BeantownHero
03/27/20 4:52:46 PM
#6:


NeoShadowhen posted...
You seem to be generalizing quite a bit. Sorry if your landlord is a dick.

Unless youre one of those nut jobs always railing against the evils of landlording in general.

my guy, I have several friends who own rental properties and they all keep talking like scarface.

"Corona or not, I need that rent on the first"

and I just keep looking at them like "you know that's not happening for a lot of your tenants and this mentality is why no one will come to your support, right?"


---
nothing is a greater tell of an awful human than using "social justice warrior" as a pejorative. without exception.- Bomani Jones
... Copied to Clipboard!
XxKrazyChaosxX
03/27/20 4:55:27 PM
#7:




---
"I woke up at four am by accident in time for the paper to be delivered. Guess what? It's not a kid on a bike, it's a man in a car." - Kevin Malone
... Copied to Clipboard!
kingdrake2
03/27/20 4:56:53 PM
#8:


BeantownHero posted...
you know that's not happening for a lot of your tenants and this mentality is why no one will come to your support, right?"


no ones getting paid till we see stimulus money, luckily there's an evictions clause for the next 3 months.
not taking advantage of that (seems like a last resort if cant pay them).
---
Explorers In The Further Regions Of Experience, demons to some, Angels To Others: Pinhead
... Copied to Clipboard!
Relient_K
03/27/20 5:01:04 PM
#9:


My lease is up soon. My wife and I were supposed to be moving. But that might not work out as planned or as soon as planned with everything going on. I've tried calling our apartment manager to see if they will be flexible about it given the current situation and my response was that I can switch to a month to month but they need to know immediately and if I dont they will give our appartment to someone else.

The law is obviously on my side at the moment but I'm trying to be reasonable and give them notice that it is hard to tell if we will need extra time or not.

---
We all ate the biscuits, Fighter. We can all see through time. [ER]
... Copied to Clipboard!
CasualGuy
03/27/20 5:02:14 PM
#10:


You're not pro rent control are you?

---
... Copied to Clipboard!
NeoShadowhen
03/27/20 5:02:44 PM
#11:


Thank fuck were on the same page. Yeah, they have surprisingly little that theyll be able to do. It is going to be a huge problem when rents dont get paid on the first. Itll start as a ripple and move outward into a full blown wave.

Ive heard some people say oh boohoo the poor landlords wont get paid, but man, all the people that they pay are about to not get paid. And so on and so on. This bill will be throwing a patch on far too big a leak, and far too late. Still better than nothing though, I guess.
... Copied to Clipboard!
Squall28
03/27/20 5:06:02 PM
#12:


You pay rent to stay on a property you do not own. You don't pay rent, you didnt honor the agreement so they shouldn't have to either.

---
If you're going through hell, keep going.
-Winston Churchill
... Copied to Clipboard!
Were_Wyrm
03/27/20 5:08:01 PM
#13:


XxKrazyChaosxX posted...
https://i.imgflip.com/2v98kf.jpg

---
I was a God, Valeria. I found it...beneath me. - Dr. Doom
https://imgur.com/FKDXbHs
... Copied to Clipboard!
DevsBro
03/27/20 5:10:38 PM
#14:


I get how tenants can be strained for the payments right now but what I don't get is this assumption that the respective landlords are any more equipped to lose their income.

---
53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53
... Copied to Clipboard!
kingdrake2
03/27/20 5:11:21 PM
#15:


DevsBro posted...
respective landlords are any more equipped to lose their income.


they're people like us. they have to make payments on mortgage and water etc. it's also part of the income.
---
Explorers In The Further Regions Of Experience, demons to some, Angels To Others: Pinhead
... Copied to Clipboard!
EverDownward
03/27/20 5:12:14 PM
#16:


Everyone has AIDS?

---
take me somewhere nice
"Miss, can you tell me your address? I need an address...I need an address, so we can send help."
... Copied to Clipboard!
monkmith
03/27/20 5:12:59 PM
#17:


i've seen both sides of the argument. watched slum lords toss out all the possessions of a tenant because they missed a month of rent, and i've seen "renters" go months without paying and rip the copper wiring out of the wall when they're finally forced out after the months long eviction process. neither situation is right.

---
Taarsidath-an halsaam.
Quando il gioco e finito, il re e il pedone vanno nella stessa scatola
... Copied to Clipboard!
BeantownHero
03/27/20 5:14:13 PM
#18:


DevsBro posted...
I get how tenants can be strained for the payments right now but what I don't get is this assumption that the respective landlords are any more equipped to lose their income.

If you're a landlord (a business) and cant afford to lose a months worth of rent, you're a shit landlord

---
nothing is a greater tell of an awful human than using "social justice warrior" as a pejorative. without exception.- Bomani Jones
... Copied to Clipboard!
DevsBro
03/27/20 5:14:45 PM
#19:


BeantownHero posted...
If you're a landlord (a business) and cant afford to lose a months worth of rent, you're a shit landlord
How's that?

---
53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53
... Copied to Clipboard!
LinkPizza
03/27/20 5:15:51 PM
#20:


BeantownHero posted...
If you're a landlord (a business) and cant afford to lose a months worth of rent, you're a shit landlord

I totally agree with this...
---
Official King of Kings
Switch FC: 7216-4417-4511 Add Me because I'll probably add you. I'm probably the LinkPizza you'll see around.
... Copied to Clipboard!
Squall28
03/27/20 5:16:13 PM
#21:


BeantownHero posted...
If you're a landlord (a business) and cant afford to lose a months worth of rent, you're a shit landlord

Someone is a shit landlord if they aren't rich?

Lol

---
If you're going through hell, keep going.
-Winston Churchill
... Copied to Clipboard!
Pancake
03/27/20 5:18:17 PM
#22:


i feel like you can pass that same judgment on adults; if you're an adult and you can't get your rent together, you're a shit adult.

not that i necessarily would pass that judgment. but wouldn't you say the thinking is the same?
---
... Copied to Clipboard!
LinkPizza
03/27/20 5:21:05 PM
#23:


Squall28 posted...
Someone is a shit landlord if they aren't rich?

Lol

It's not that. You should be able to afford what you're doing. As a landlord, you should have extra money for when something happens. Like a sudden move from a person, or death, or whatever. You should already know you have the money, as well. Because you also normally have to pay for any problems that come up. It's not about being rich. It's being able to afford the house you bought just to make extra money. If no one moves in, they can't just cry about not having a renter. They should buy it unless they can afford it... Especially if they have more than one. If you can't afford missing rent on one of the 10 places they own and rent, maybe don't own 10 places...
---
Official King of Kings
Switch FC: 7216-4417-4511 Add Me because I'll probably add you. I'm probably the LinkPizza you'll see around.
... Copied to Clipboard!
berlyman101
03/27/20 5:22:03 PM
#24:


Bill Burr went off on the Cheesecake Factory lmao


---
... Copied to Clipboard!
Pancake
03/27/20 5:23:32 PM
#25:


It's not that. You should be able to afford what you're doing. As a landlord, you should have extra money for when something happens.

tell me who should actively avoid having money saved in case something happens.

tell me who should actively avoid being able to afford what they're doing.
---
... Copied to Clipboard!
BeantownHero
03/27/20 5:23:41 PM
#26:


Pancake posted...
i feel like you can pass that same judgment on adults; if you're an adult and you can't get your rent together, you're a shit adult.

not that i necessarily would pass that judgment. but wouldn't you say the thinking is the same?

a person living check to check is far more understandable than a business doing it.


---
nothing is a greater tell of an awful human than using "social justice warrior" as a pejorative. without exception.- Bomani Jones
... Copied to Clipboard!
Squall28
03/27/20 5:26:31 PM
#27:


LinkPizza posted...
It's not that. You should be able to afford what you're doing.

You should be able to afford the rent you agreed to pay.

---
If you're going through hell, keep going.
-Winston Churchill
... Copied to Clipboard!
BathroomWater
03/27/20 5:26:33 PM
#28:


Squall28 posted...
You pay rent to stay on a property you do not own. You don't pay rent, you didnt honor the agreement so they shouldn't have to either.

You pay rent so a swindler can build equity using your money.

---
"I have a basic understanding of economics."
-Broseph_Stalin
... Copied to Clipboard!
DevsBro
03/27/20 5:28:01 PM
#29:


LinkPizza posted...
It's not that. You should be able to afford what you're doing. As a landlord, you should have extra money for when something happens. Like a sudden move from a person, or death, or whatever. You should already know you have the money, as well. Because you also normally have to pay for any problems that come up. It's not about being rich. It's being able to afford the house you bought just to make extra money. If no one moves in, they can't just cry about not having a renter. They should buy it unless they can afford it... Especially if they have more than one. If you can't afford missing rent on one of the 10 places they own and rent, maybe don't own 10 places...
I would actually expect owners of more properties to be much worse off in a situation like the present. Mainly because it means far more expenses and administration. You wouldn't be able to have another job unless you just hired someone to handle your properties, which is six of one half dozen of another.

In fact, I thought we were talking about the owners of apartment complexes instead of some goober who has a bum in his basement or whatever.

---
53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53
... Copied to Clipboard!
CookieMarvin
03/27/20 5:28:02 PM
#30:


NeoShadowhen posted...
You seem to be generalizing quite a bit. Sorry if your landlord is a dick.

Unless youre one of those nut jobs always railing against the evils of landlording in general.

thank god someone is here to stick up for them

---
... Copied to Clipboard!
LinkPizza
03/27/20 5:29:01 PM
#31:


Pancake posted...
tell me who should actively avoid having money saved in case something happens.

tell me who should actively avoid being able to afford what they're doing.

Everyone should have money, though it's not possible for everyone. If you own a house that you live it, you want to have extra money. But you might not be able to save any. But you're trying. And that's fine. Same with renting. But if you want to own 3 houses that you're paying on just to rent them out (Especially the ones that rent at much higher than they're worth), then you should be able to afford them in case nobody lives there for a month. The difference between them and first people I mentioned was they are trying to live within their means. Buying one house to live in. Where the landlord is buying multiple houses just to rent. I personally think they should be able to afford them if they want to do that. And have money for all the fixes the tenants needs, as it is usually their responsibility. You can disagree. But after being on both sides, that's how I feel...
---
Official King of Kings
Switch FC: 7216-4417-4511 Add Me because I'll probably add you. I'm probably the LinkPizza you'll see around.
... Copied to Clipboard!
Pancake
03/27/20 5:29:43 PM
#32:


a person living check to check is far more understandable than a business doing it.

a person could be living check-to-check because of their business. not every self-employed fucko is rich.
---
... Copied to Clipboard!
s0nicfan
03/27/20 5:32:13 PM
#33:


Pancake posted...
a person living check to check is far more understandable than a business doing it.

a person could be living check-to-check because of their business. not every self-employed fucko is rich.

95% of small businesses fail within the first 5 years, but most people assume if you own a business you're sitting on a yact collecting free checks and doing no work. They don't realize that guy making your food or ringing you up at the register is most likely the owner.

---
"History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz
... Copied to Clipboard!
DevsBro
03/27/20 5:32:17 PM
#34:


BeantownHero posted...
a person living check to check is far more understandable than a business doing it.
Not really. Most businesses--especially small businesses--operate just in the black. I mean, it's how a competitive economy works.

---
53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53
... Copied to Clipboard!
andel
03/27/20 5:33:50 PM
#35:


some landlords are good, some are shit. not all landlords are wealthy or own businesses

---
I am thinking about just walking into the river now that Megaupload is gone and condoms are in porn.-Fubonis
... Copied to Clipboard!
LinkPizza
03/27/20 5:34:30 PM
#36:


Squall28 posted...
You should be able to afford the rent you agreed to pay.

That's true. Still doesn't change what I said, though...

DevsBro posted...
I would actually expect owners of more properties to be much worse off in a situation like the present. Mainly because it means far more expenses and administration. You wouldn't be able to have another job unless you just hired someone to handle your properties, which is six of one half dozen of another.

In fact, I thought we were talking about the owners of apartment complexes instead of some goober who has a bum in his basement or whatever.

It depends. I know people who buy properties who finish buying before getting another. And they do fine for themselves, money-wise. I know others who spend all their money buying multiple properties who think it's fine because they'll always be making money (but can't afford it on their own), and usually end up with a good amount of money problems for years (possibly for life).

You should only do what your money allows. If you don't think you could afford two extra mortgages (on tops of you own), then buy only one until you can afford both. And you should be able to save enough money to fix any problems any tenants have. Don't make them live in a bad situation because you can't afford what you're suppose to be able to...
---
Official King of Kings
Switch FC: 7216-4417-4511 Add Me because I'll probably add you. I'm probably the LinkPizza you'll see around.
... Copied to Clipboard!
Romes187
03/27/20 5:34:32 PM
#37:


DevsBro posted...
Not really. Most businesses--especially small businesses--operate just in the black. I mean, it's how a competitive economy works.

and why our system is so fragile

but hey...I want cheap airplane tickets and super cheap wal-mart goods so #yolo...we'll never be in a situation where the entire economy will shut down.....will we?
... Copied to Clipboard!
Anteaterking
03/27/20 5:36:21 PM
#38:


... Copied to Clipboard!
BathroomWater
03/27/20 5:36:39 PM
#39:


s0nicfan posted...
95% of small businesses fail within the first 5 years, but most people assume if you own a business you're sitting on a yact collecting free checks and doing no work. They don't realize that guy making your food or ringing you up at the register is most likely the owner.

Lol, yeah, you're the only one who understands the very complex hidden mysteries of the world. You really showing off your 3rd eye here, bruh. I'm in awe.

---
"I have a basic understanding of economics."
-Broseph_Stalin
... Copied to Clipboard!
BeantownHero
03/27/20 5:37:54 PM
#40:


Pancake posted...
a person living check to check is far more understandable than a business doing it.

a person could be living check-to-check because of their business. not every self-employed fucko is rich.

If your profit margin is so razor thin as a landlord to the point where one month of missed rent would ruin you, you dont need to be a landlord


---
nothing is a greater tell of an awful human than using "social justice warrior" as a pejorative. without exception.- Bomani Jones
... Copied to Clipboard!
Guns_of_Verdun
03/27/20 5:39:35 PM
#41:


They'll get their rent when they fix the damn door!

The damn door is the corona virus

---
... Copied to Clipboard!
lightwarrior78
03/27/20 5:39:50 PM
#42:


s0nicfan posted...
95% of small businesses fail within the first 5 years, but most people assume if you own a business you're sitting on a yact collecting free checks and doing no work. They don't realize that guy making your food or ringing you up at the register is most likely the owner.

To add to this, given political discourse, how well would "we can't pay our employees more or lower prices because we need a cash cushion for emergencies like a world wide shutdown due to a pandemic" have gone over 6 months ago?

---
... Copied to Clipboard!
Pancake
03/27/20 5:41:49 PM
#43:


If your profit margin is so razor thin as a landlord to the point where one month of missed rent would ruin you, you dont need to be a landlord

you're dehumanizing people on the basis that they're landlords. stop.
---
... Copied to Clipboard!
LinkPizza
03/27/20 5:43:55 PM
#44:


Pancake posted...
you're dehumanizing people on the basis that they're landlords. stop.

I don't think that's what they're doing. They're saying they should be able to afford it. They are right that someone who would be ruined due to one missed payment probably isn't in the right place to be a landlord. If one payment would ruin them, so would fixing a leak. Or getting something fixed for safety issues. And they do have to afford that. I would say the same to anyone making and running their own business. If you can't afford to run the business, maybe don't do it. Not until you can afford it, at least...
---
Official King of Kings
Switch FC: 7216-4417-4511 Add Me because I'll probably add you. I'm probably the LinkPizza you'll see around.
... Copied to Clipboard!
Squall28
03/27/20 5:45:59 PM
#45:


BeantownHero posted...
If your profit margin is so razor thin as a landlord to the point where one month of missed rent would ruin you, you dont need to be a landlord

Yeah screw those landlords that give a good price for their tenants. They should jack up their prices so they get a larger margin.

---
If you're going through hell, keep going.
-Winston Churchill
... Copied to Clipboard!
BeantownHero
03/27/20 5:47:00 PM
#46:


Pancake posted...
If your profit margin is so razor thin as a landlord to the point where one month of missed rent would ruin you, you dont need to be a landlord

you're dehumanizing people on the basis that they're landlords. stop.

your business is providing shelter. its brazenly irresponsible to live that close to the edge as a business owner when you're in that industry


---
nothing is a greater tell of an awful human than using "social justice warrior" as a pejorative. without exception.- Bomani Jones
... Copied to Clipboard!
BeantownHero
03/27/20 5:48:14 PM
#47:


Squall28 posted...
Yeah screw those landlords that give a good price for their tenants. They should jack up their prices so they get a larger margin.

rental prices outpacing wages has been a problem in virtually every major city in this country...cry me a river.

---
nothing is a greater tell of an awful human than using "social justice warrior" as a pejorative. without exception.- Bomani Jones
... Copied to Clipboard!
BathroomWater
03/27/20 5:48:37 PM
#48:


Squall28 posted...
Yeah screw those landlords that give a good price for their tenants. They should jack up their prices so they get a larger margin.

If they have an actual job instead of solely profiting off and building equity on properties using other people's hard-earned money, they should be able to float a month of whatever payments they need to make on a property.

You also realize that this happens outside of pandemics, right? Like when a tenant moves out and the landlord can't find a new one right away?

---
"I have a basic understanding of economics."
-Broseph_Stalin
... Copied to Clipboard!
Pancake
03/27/20 5:49:33 PM
#49:


your business is providing shelter. its brazenly irresponsible to live that close to the edge as a business owner when you're in that industry

businesses fluctuate dude. people don't pay their rent sometimes, you know.

they should be able to float a month of whatever payments they need to make on a property

it's easy to say things like this, isn't it? tenants should be able to pay their rent.
---
... Copied to Clipboard!
LinkPizza
03/27/20 5:49:35 PM
#50:


Squall28 posted...
Yeah screw those landlords that give a good price for their tenants. They should jack up their prices so they get a larger margin.

Tbh, I think a majority of them already do. That being said, you can give a good price and still make a hefty profit. For example, if the mortgage is paid off already...

Pancake posted...
businesses fluctuate dude. people don't pay their rent sometimes, you know.

Right. So they should be able to handle it when someone can't pay...
---
Official King of Kings
Switch FC: 7216-4417-4511 Add Me because I'll probably add you. I'm probably the LinkPizza you'll see around.
... Copied to Clipboard!
Topic List
Page List: 1, 2, 3, 4