OT: Sometimes it sucks to be a landlord

[escapist]

The renters in my mom’s house aren’t paying their rent on time anymore and now they are behind a month and only able to pay about 3/4 of what the current rent is. The guy is out of work and in construction so it’s probably not likely he’ll find work any time soon. He’s just doing what he can on unemployment.

They’ve been there a long time and payed on time the whole time they were there. I’m wondering how long you’d give someone a break in this really bad economic climate. If we did evict them would we even be able to find new renters easily in this economic climate? I wonder if it’s best to just let them stay for a while and maybe reduce the rent? What would you do?

[DWCAP]

I am speaking as a renter here,

but I think it matters what kinda property you have and what the rent is. There is always someone willing to rent your property, the question is how will they treat it and how good will they be at being ontime with the rent. Post your place on Craigslist and see what kinda responses you get back. If you get a few “me and my 6 buddies in my band need a place to go” yikkes! IF you get a bunch of good prospects who seem to be excited, then your options are better.

Also, Dont be a LL if you cant be a hardass sometimes.

[DWCAP]

I am speaking as a renter here,

but I think it matters what kinda property you have and what the rent is. There is always someone willing to rent your property, the question is how will they treat it and how good will they be at being ontime with the rent. Post your place on Craigslist and see what kinda responses you get back. If you get a few “me and my 6 buddies in my band need a place to go” yikkes! IF you get a bunch of good prospects who seem to be excited, then your options are better.

Also, Dont be a LL if you cant be a hardass sometimes.

[DWCAP]

I am speaking as a renter here,

but I think it matters what kinda property you have and what the rent is. There is always someone willing to rent your property, the question is how will they treat it and how good will they be at being ontime with the rent. Post your place on Craigslist and see what kinda responses you get back. If you get a few “me and my 6 buddies in my band need a place to go” yikkes! IF you get a bunch of good prospects who seem to be excited, then your options are better.

Also, Dont be a LL if you cant be a hardass sometimes.

[DWCAP]

I am speaking as a renter here,

but I think it matters what kinda property you have and what the rent is. There is always someone willing to rent your property, the question is how will they treat it and how good will they be at being ontime with the rent. Post your place on Craigslist and see what kinda responses you get back. If you get a few “me and my 6 buddies in my band need a place to go” yikkes! IF you get a bunch of good prospects who seem to be excited, then your options are better.

Also, Dont be a LL if you cant be a hardass sometimes.

[DWCAP]

I am speaking as a renter here,

but I think it matters what kinda property you have and what the rent is. There is always someone willing to rent your property, the question is how will they treat it and how good will they be at being ontime with the rent. Post your place on Craigslist and see what kinda responses you get back. If you get a few “me and my 6 buddies in my band need a place to go” yikkes! IF you get a bunch of good prospects who seem to be excited, then your options are better.

Also, Dont be a LL if you cant be a hardass sometimes.

[Anonymous]

If he is in construction, maybe you can barter for work on that property and/or other properties you may have.

[Anonymous]

If he is in construction, maybe you can barter for work on that property and/or other properties you may have.

[Anonymous]

If he is in construction, maybe you can barter for work on that property and/or other properties you may have.

[Anonymous]

If he is in construction, maybe you can barter for work on that property and/or other properties you may have.

[Anonymous]

If he is in construction, maybe you can barter for work on that property and/or other properties you may have.

[NotCranky]

You used the word evict. Are you sure they would fight a regular notice? If I thought I had tenants who would force an eviction I would plan their exit under the circumstances you are describing. If you mean ask them to leave and believe the would be decent about it then maybe they are the kind of people to work with.

I would ask him if he isn’t or can’t be getting side jobs in construction.Maybe he is just using the unemployment as an excuse. Maybe you have something for him to do to make up the additional rent? Maybe someone you know does. Geting him out working might lead to something else. Don’t be a pushover even if you actually don’t find a way to get the rest out of him. At least show you mean to try to get what is deserved.

Edit:
If the person seems prone to resentment and such, do not let him work on the property that he lives in in exchange for rent. The entitlement and anger if you are eventually forced to ask him to leave won’t be good. Just saying, you really have to think this one out.

[NotCranky]

You used the word evict. Are you sure they would fight a regular notice? If I thought I had tenants who would force an eviction I would plan their exit under the circumstances you are describing. If you mean ask them to leave and believe the would be decent about it then maybe they are the kind of people to work with.

I would ask him if he isn’t or can’t be getting side jobs in construction.Maybe he is just using the unemployment as an excuse. Maybe you have something for him to do to make up the additional rent? Maybe someone you know does. Geting him out working might lead to something else. Don’t be a pushover even if you actually don’t find a way to get the rest out of him. At least show you mean to try to get what is deserved.

Edit:
If the person seems prone to resentment and such, do not let him work on the property that he lives in in exchange for rent. The entitlement and anger if you are eventually forced to ask him to leave won’t be good. Just saying, you really have to think this one out.

[NotCranky]

You used the word evict. Are you sure they would fight a regular notice? If I thought I had tenants who would force an eviction I would plan their exit under the circumstances you are describing. If you mean ask them to leave and believe the would be decent about it then maybe they are the kind of people to work with.

I would ask him if he isn’t or can’t be getting side jobs in construction.Maybe he is just using the unemployment as an excuse. Maybe you have something for him to do to make up the additional rent? Maybe someone you know does. Geting him out working might lead to something else. Don’t be a pushover even if you actually don’t find a way to get the rest out of him. At least show you mean to try to get what is deserved.

Edit:
If the person seems prone to resentment and such, do not let him work on the property that he lives in in exchange for rent. The entitlement and anger if you are eventually forced to ask him to leave won’t be good. Just saying, you really have to think this one out.

[NotCranky]

You used the word evict. Are you sure they would fight a regular notice? If I thought I had tenants who would force an eviction I would plan their exit under the circumstances you are describing. If you mean ask them to leave and believe the would be decent about it then maybe they are the kind of people to work with.

I would ask him if he isn’t or can’t be getting side jobs in construction.Maybe he is just using the unemployment as an excuse. Maybe you have something for him to do to make up the additional rent? Maybe someone you know does. Geting him out working might lead to something else. Don’t be a pushover even if you actually don’t find a way to get the rest out of him. At least show you mean to try to get what is deserved.

Edit:
If the person seems prone to resentment and such, do not let him work on the property that he lives in in exchange for rent. The entitlement and anger if you are eventually forced to ask him to leave won’t be good. Just saying, you really have to think this one out.

[Author]

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