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Being a landlord sounds like hell (link)
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Date: October 22nd, 2021 3:18 PM Author: snowy site striped hyena https://www.npr.org/2021/10/22/1046154251/they-refused-to-pay-rent-and-stole-the-fridge-landlords-deal-with-pandemic-squat (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314805) |
Date: October 22nd, 2021 3:20 PM Author: Territorial cruise ship factory reset button We have a rent controlled tenant who absolutely hates the management company. One time, he scrawled all this anti-semitic graffiti across the lobby of our building like "f**k the Jews" and drew a lot of Stars of David and Xed them out. He is insane and he has a stabilized 2 bedroom that he pays $450 a month for and he also steals packages from other tenants. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314814) |
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Date: October 22nd, 2021 3:21 PM Author: Soul-stirring Adulterous Piazza Skinny Woman (to be fair sweating bullets rn) (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314823) |
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Date: October 22nd, 2021 3:22 PM Author: snowy site striped hyena it's insane libs love fairness until it's helping them out at the expense of others (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314831) |
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Date: October 22nd, 2021 3:23 PM Author: snowy site striped hyena also i could never be a landlord because some of the shit i've heard would more than likely elicit physical violence on my part (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314836) |
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Date: October 22nd, 2021 3:25 PM Author: Territorial cruise ship factory reset button Back in the old days, you could do a lot more shady shit. It's borderline impossible now. The city has cracked down in a huge way. Every time we are in landlord-tenant court for most anything, we lose.
Only two ways people leave rent-controlled apartments in NYC: with a huge ass check or in a body bag. |
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Date: October 22nd, 2021 3:27 PM Author: Electric abode you're not allowed to just decline to renew the lease? (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314872) |
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Date: October 22nd, 2021 3:32 PM Author: Territorial cruise ship factory reset button You would have to pursue eviction in housing court. Good luck, lol. We've won those cases maybe 1 out 100 times, and only because the tenants were doing obscenely bad things like no-pay for years or legit hoarders causing actual health/environmental issues, and usually not even then. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314901) |
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Date: October 23rd, 2021 3:24 PM Author: milky flatulent liquid oxygen main people There are other ways to get these types of tenants out but they take some truly intense resources and talmudic skills - but once you learn them you never forget them.
A big one is finding ways to raise their rent enough to add another month to their rent roll - which is like under 9% or so. I don't know how NYC is but some maintenance things you can pass through to tenants proportionally like a new roof, new common areas, painting, etc etc.
Most tenants who are professional tenants or arch-deadbeats cannot handle this upset equilibrium to their lifestyle - which has been focused on earning enough money to just barely pay their rent for next month plus utilities and food etc. If you get a raise in attached to capital improvements or capex to the building that gets close to 9% of their rent, in some cases that's enough to cause their lives to spin out of control and dislodge them.
Sometimes they even make up random shit to get out of paying this small increase and entangle themselves in further problems because they sign forms under penalty of perjury and you win the lottery by being able to press charges on them.
One time I did this to a professional tenant sack of shit deadbeat who had been there 10+ years and got them out in under 10 months from taking over the building management. Warmed my heart. |
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Date: October 22nd, 2021 3:33 PM Author: thriller pervert Nope. Rent stabilized leases are for life. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314905) |
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Date: October 22nd, 2021 4:39 PM Author: multi-colored startling stain french chef a couple of particularly insane jurisdictions allow eviction "for cause" only and "don't like the tenant and the lease is up" is not a valid cause (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315262) |
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Date: October 22nd, 2021 3:29 PM Author: thriller pervert My 92yo grand mother lived in a rent stabilized building for 30 years. They never fixed anything. She had a leak in the shower line that ruined her ceiling every month. Management would put new drywall in that would last a month but not fix the leak. The mold got surreal. Every window couldn’t be opened because all the window sashes broke 25 years ago and they would not fix them. When they want a tenant out they fake every repair or don’t do them at all. The apartments become unliveable. And if they can’t turn off your heat they set it to 95 and watch you bake all winter until you move. I’m now paying her rent for a normal apartment — $2500 a month. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314889) |
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Date: October 22nd, 2021 3:33 PM Author: Territorial cruise ship factory reset button They definitely don't get repairs usually until they complain to the city and force our hand. Then we have to make the repairs to resolve the complaint. But we definitely neglect these leaches as much as possible. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314904) |
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Date: October 22nd, 2021 3:33 PM Author: Hairless Gold Ticket Booth Nibblets (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314910) |
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Date: October 22nd, 2021 3:45 PM Author: Soul-stirring Adulterous Piazza Skinny Woman why would you do repairs on an unprofitable tenant beyond what you're legally required to do? (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314968) |
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Date: October 22nd, 2021 3:46 PM Author: Hairless Gold Ticket Booth Nibblets (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314973) |
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Date: October 22nd, 2021 3:48 PM Author: Soul-stirring Adulterous Piazza Skinny Woman i agree it's the moral thing to do. but you're talking about kike dominated real estate. even goys are going to be reluctant to spend money on unprofitable tenants.
this is why rent control is flame. |
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Date: October 22nd, 2021 3:49 PM Author: Hairless Gold Ticket Booth Nibblets (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314992) |
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Date: October 22nd, 2021 3:53 PM Author: Soul-stirring Adulterous Piazza Skinny Woman i said "beyond what they're legally required to do"
ljl at some tenant paying 1/4 of the market rate getting the same service as someone paying market. why should private businesses be required to subsidize this? how about the gubmint pays the LL the market rate and the tenant then gets ordinary service. |
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Date: October 22nd, 2021 3:54 PM Author: Hairless Gold Ticket Booth Nibblets (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315026) |
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Date: October 22nd, 2021 3:56 PM Author: Soul-stirring Adulterous Piazza Skinny Woman yes, and i said they should do the legal minimum amount of maintenance. that's the law of the land, too. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315031) |
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Date: October 22nd, 2021 3:51 PM Author: Territorial cruise ship factory reset button Yes, it's not restricted to Jewish landlords. Italian and Greek landlords, for example, are notoriously worse than this. You go to their buildings and market apartments are pristine and the rent control look like 1970s era meth dens. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315011) |
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Date: October 22nd, 2021 3:54 PM Author: Soul-stirring Adulterous Piazza Skinny Woman i'm just being edgy, i don't really have anything against you loveable kikes, and i know there are slumlords of all colors of the rainbow. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315023) |
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Date: October 22nd, 2021 3:49 PM Author: snowy site striped hyena maintenance or lack thereof is also priced in, friend. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314995) |
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Date: October 22nd, 2021 3:50 PM Author: Hairless Gold Ticket Booth Nibblets (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315000) |
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Date: October 22nd, 2021 3:52 PM Author: snowy site striped hyena yes i agree it can be funny when you get what you pay for (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315015) |
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Date: October 22nd, 2021 3:39 PM Author: alcoholic brethren you bought the building with their leases built into the price (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314947) |
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Date: October 22nd, 2021 3:54 PM Author: Territorial cruise ship factory reset button Not always. We buy it with the intention of hopefully buying many of them out, but some were acquired so long ago (like SRO short term housing type buildings) that people were paying like weekly rates to rent, but a smorgasbord of the god forsaken remained permanently and now basically just the city pays whatever they set as the "rent" or it's taken from social security set up by guardianships. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315021) |
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Date: October 23rd, 2021 6:23 PM Author: milky flatulent liquid oxygen main people It really does not make sense to buy certain things like that. Tenants like that will never leave currently depending on how far below market they are paying - your best bet is to get ones that are under the cusp of market and try to raise it so they can get a COL arbitrage if they move, but it’s really a dirty business and rarely ever worth it unless you can generate substantial value. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43320003) |
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Date: October 22nd, 2021 3:29 PM Author: Spruce dead half-breed pocket flask What’s his moniker? (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314885) |
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Date: October 22nd, 2021 3:29 PM Author: greedy rusted school juggernaut that tenant's name? chaim levine (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314887) |
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Date: October 22nd, 2021 3:32 PM Author: Anal Toaster (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314903) |
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Date: October 22nd, 2021 3:34 PM Author: pale plaza doctorate (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314912) |
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Date: October 22nd, 2021 3:37 PM Author: Vermilion university background story (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314932) |
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Date: October 22nd, 2021 8:41 PM Author: Hilarious Vivacious Stage Cumskin (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43316336) |
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Date: October 22nd, 2021 3:34 PM Author: pale plaza doctorate Wasn’t it found you were not the children of landlords? 450 for a two bed seems a bit much, u fraud |
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Date: October 22nd, 2021 3:38 PM Author: appetizing idea he suggested private investor lol what a prole existence your family leads (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314940) |
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Date: October 22nd, 2021 3:40 PM Author: alcoholic brethren how is he insane tho (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314952) |
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Date: October 22nd, 2021 3:54 PM Author: angry sable useless brakes (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315024) |
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Date: October 22nd, 2021 10:11 PM Author: pale plaza doctorate (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43316752) |
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Date: October 23rd, 2021 3:15 PM Author: milky flatulent liquid oxygen main people LMAO (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43319314) |
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Date: October 22nd, 2021 3:24 PM Author: thriller pervert Yankee problem. My brother lives in Mill Basin in Brooklyn which is basically a nest of Israeli and Russian mobsters. They had a nigger squatter in one of the mansions that some asshole uses like one week a year. The neighbors literally got baseball bats and dragged the nig out at 2am. These are problems for sheep and sheep alone. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314849) |
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Date: October 22nd, 2021 3:25 PM Author: snowy site striped hyena Shut the fuck up. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314859) |
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Date: October 22nd, 2021 3:29 PM Author: greedy rusted school juggernaut (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314890) |
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Date: October 22nd, 2021 3:30 PM Author: thriller pervert 100% not flame. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314895) |
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Date: October 22nd, 2021 3:47 PM Author: Soul-stirring Adulterous Piazza Skinny Woman loved the plot on sopranos where tony leans on the politician, who in turn leans on his "good hearted" friend and non-profit owner, who in turn has some of the at risk kids he's trying to help beat a bunch of squatters out of the house they're HUD scamming. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43314977) |
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Date: October 22nd, 2021 4:33 PM Author: thriller pervert Food chains are real and right. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315236) |
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Date: October 22nd, 2021 3:55 PM Author: Boyish mildly autistic twinkling uncleanness "Bajaj and Lotia aren't big corporate landlords with massive real estate holdings. They're immigrants from Mumbai, India, who bought a small rundown building with four units nearly 10 years ago. They were starting a family and couldn't afford a traditional single-family house. So they live in one apartment and rent out the others."
I got a plan... hear me out on this... they can go back to India. |
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Date: October 22nd, 2021 4:14 PM Author: thriller pervert I have a better plan — they can murder their tenants Soviet style. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315147) |
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Date: October 22nd, 2021 4:34 PM Author: Boyish mildly autistic twinkling uncleanness Why don’t you go back, kike? (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315239) |
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Date: October 22nd, 2021 4:46 PM Author: thriller pervert Another few years of this kind of rot in Yankeestan and I may have to. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315287) |
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Date: October 22nd, 2021 8:43 PM Author: Hilarious Vivacious Stage Cumskin Why don't you? (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43316342) |
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Date: October 22nd, 2021 10:03 PM Author: Boyish mildly autistic twinkling uncleanness this motherfucker speaks Russian (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43316715) |
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Date: October 22nd, 2021 4:18 PM Author: supple magenta gas station they could also just sell the building and live comfortably in some prole part of the country. 10 years ago was near the bottom of the real estate market and some random la shithole complex is probably worth at least 2x what it was then (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315167) |
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Date: October 22nd, 2021 4:33 PM Author: Boyish mildly autistic twinkling uncleanness These poo2loos DESERVE passive income bigot
I mean if you went to India and bought a property… wait you can’t do that |
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Date: October 22nd, 2021 4:24 PM Author: Laughsome library couldn't imagine being a landlord in some place like New Jersey (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315198) |
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Date: October 22nd, 2021 4:32 PM Author: thriller pervert Rents nationally are up 17% YoY. Landlords just pass it on.
Also, in London where it’s basically impossible to evict landlords demand the entire 1st year rent up front now. That’s the future here too. |
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Date: October 22nd, 2021 4:37 PM Author: Soul-stirring Adulterous Piazza Skinny Woman rents are up because the eviction moratorium has made renting much more risk, and the that additional risk is getting priced in. on top of inflation and housing prices going up generally.
it's another prime example of how retard liberal policies (i know it started with trump, it's still a liberal policy) wind up fucking over the people they're trying to help. who benefits? scumbag tenants who use the system to enrich themselves. who suffers? honest renters who actually pay their bills.
if a tenant cannot be evicted, than the government should be forced to pay their rent while they are there. instead they did PPP, which was a huge fucking giveaway to solvent businesses and scam artists.
ugh i hate this flame country. |
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Date: October 22nd, 2021 4:41 PM Author: thriller pervert TCR. But as a bro whose mom owns 10 buildings in Brooklyn I’m just loving the $3000 a month rent checks. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315273) |
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Date: October 22nd, 2021 4:42 PM Author: Soul-stirring Adulterous Piazza Skinny Woman (me jelly af) (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315276) |
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Date: October 22nd, 2021 4:42 PM Author: Laughsome library those tenants must be awful (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315280) |
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Date: October 22nd, 2021 4:45 PM Author: thriller pervert Nah, just do only rent to professionals. Not exactly hard to avoid Uber drivers and proles as tenants in NYC. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315285) |
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Date: October 22nd, 2021 4:53 PM Author: supple magenta gas station I'm a "professional" and I treat my apartment like shit. I just stopped giving a fuck after it took two years to properly fix a sporadic roof leak (which ended up damaging the fake-wood floor). Landlords can suck my tiny wrinkled cock (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315319) |
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Date: October 22nd, 2021 4:36 PM Author: thriller pervert Can’t believe no one wants to play “guess race” of these tenants. If they were white NPR would have outted them. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315246) |
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Date: October 22nd, 2021 4:45 PM Author: Odious Gaming Laptop It's 180 under the right circumstances. My two partners manage and I don't do shit. They take 4% which isn't a lot. Since they are both owners too, they really work hard on the property. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315284) |
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Date: October 22nd, 2021 10:04 PM Author: Boyish mildly autistic twinkling uncleanness love cock and cum brothers (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43316721) |
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Date: October 23rd, 2021 2:48 PM Author: Insecure dashing hissy fit Sound like a bunch of cheap Indians who didn’t perform appropriate background checks.
ALWAYS list through a reputable broker who won’t let anyone with credit under 750 through the door |
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Date: October 23rd, 2021 3:17 PM Author: milky flatulent liquid oxygen main people 2 months security deposit (in some cases you can get 3 months), background checks, high credit score, no pets. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43319325) |
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Date: October 23rd, 2021 3:10 PM Author: Unhinged laser beams dragon this sounded like black behavior, so i decided to do some quick research. they have 4 units, so it was simple to identify the culprits. the address for the complex is 4229 W Slauson Ave, Los Angeles. based on fastpeoplesearch, only unit 2 had two late 20s girls move in right before the pandemic. Melissa Ofumbi (total nigger name) and Danielle Stevens. what a surprise. no wonder NPR didn't put them in there. (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43319292) |
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Date: October 23rd, 2021 3:36 PM Author: thriller pervert http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43315246 (http://www.autoadmit.com/thread.php?thread_id=4947662&forum_id=2#43319400) |