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May 11, 2009 at 10:23 AM #397128May 11, 2009 at 10:52 AM #397036(former)FormerSanDieganParticipant
I generally give breaks to my tenants, while protecting my downside. My advice would depend on
certain factors.How many months are left on the lease ? (or is it month-to-month) ?
What would be the current market rent for the unit ?
How long would it be vacant at that rate ?May 11, 2009 at 10:52 AM #397178(former)FormerSanDieganParticipantI generally give breaks to my tenants, while protecting my downside. My advice would depend on
certain factors.How many months are left on the lease ? (or is it month-to-month) ?
What would be the current market rent for the unit ?
How long would it be vacant at that rate ?May 11, 2009 at 10:52 AM #396756(former)FormerSanDieganParticipantI generally give breaks to my tenants, while protecting my downside. My advice would depend on
certain factors.How many months are left on the lease ? (or is it month-to-month) ?
What would be the current market rent for the unit ?
How long would it be vacant at that rate ?May 11, 2009 at 10:52 AM #396978(former)FormerSanDieganParticipantI generally give breaks to my tenants, while protecting my downside. My advice would depend on
certain factors.How many months are left on the lease ? (or is it month-to-month) ?
What would be the current market rent for the unit ?
How long would it be vacant at that rate ?May 11, 2009 at 10:52 AM #396504(former)FormerSanDieganParticipantI generally give breaks to my tenants, while protecting my downside. My advice would depend on
certain factors.How many months are left on the lease ? (or is it month-to-month) ?
What would be the current market rent for the unit ?
How long would it be vacant at that rate ?May 11, 2009 at 11:25 AM #396776patbParticipantA young newlywed couple rents an apartment in manhattan.
He happens to work for Lehman so he loses his job.
After 4 months of struggling harder each month to pay he
asks his wife as she is changing to go to bed to go downstairs
and negotiate a rent abeyance with the landlord.
He falls asleep ehile waiting for her to come back and wakes up
to find her making breakfast so he decides not to ask any further
questions. A month passes and he again nervously asks her if she
will go downstairs and ask for a rent abeyance and she says
“Don’t worry honey, the rent is covered until September”{ zbadump]
May 11, 2009 at 11:25 AM #397199patbParticipantA young newlywed couple rents an apartment in manhattan.
He happens to work for Lehman so he loses his job.
After 4 months of struggling harder each month to pay he
asks his wife as she is changing to go to bed to go downstairs
and negotiate a rent abeyance with the landlord.
He falls asleep ehile waiting for her to come back and wakes up
to find her making breakfast so he decides not to ask any further
questions. A month passes and he again nervously asks her if she
will go downstairs and ask for a rent abeyance and she says
“Don’t worry honey, the rent is covered until September”{ zbadump]
May 11, 2009 at 11:25 AM #396523patbParticipantA young newlywed couple rents an apartment in manhattan.
He happens to work for Lehman so he loses his job.
After 4 months of struggling harder each month to pay he
asks his wife as she is changing to go to bed to go downstairs
and negotiate a rent abeyance with the landlord.
He falls asleep ehile waiting for her to come back and wakes up
to find her making breakfast so he decides not to ask any further
questions. A month passes and he again nervously asks her if she
will go downstairs and ask for a rent abeyance and she says
“Don’t worry honey, the rent is covered until September”{ zbadump]
May 11, 2009 at 11:25 AM #397056patbParticipantA young newlywed couple rents an apartment in manhattan.
He happens to work for Lehman so he loses his job.
After 4 months of struggling harder each month to pay he
asks his wife as she is changing to go to bed to go downstairs
and negotiate a rent abeyance with the landlord.
He falls asleep ehile waiting for her to come back and wakes up
to find her making breakfast so he decides not to ask any further
questions. A month passes and he again nervously asks her if she
will go downstairs and ask for a rent abeyance and she says
“Don’t worry honey, the rent is covered until September”{ zbadump]
May 11, 2009 at 11:25 AM #396998patbParticipantA young newlywed couple rents an apartment in manhattan.
He happens to work for Lehman so he loses his job.
After 4 months of struggling harder each month to pay he
asks his wife as she is changing to go to bed to go downstairs
and negotiate a rent abeyance with the landlord.
He falls asleep ehile waiting for her to come back and wakes up
to find her making breakfast so he decides not to ask any further
questions. A month passes and he again nervously asks her if she
will go downstairs and ask for a rent abeyance and she says
“Don’t worry honey, the rent is covered until September”{ zbadump]
May 11, 2009 at 12:22 PM #397053oxfordrickParticipantNo good deed goes unpunished.
Anyone who rents property quickly learns that no good deed goes unpunished.
Collecting back rent is very hard – no incentive for anyone without superb credit to pay – just collect as much as you can, hand deliver the 3 Day Notice to Pay Rent or Quit for the balance, if they don’t pay timely initiate Unlawful Detainer, that should get their attention.
Once in a blue moon money will be paid, failing thta proceed to eviction and find new paying customers.
Good luck!
May 11, 2009 at 12:22 PM #396830oxfordrickParticipantNo good deed goes unpunished.
Anyone who rents property quickly learns that no good deed goes unpunished.
Collecting back rent is very hard – no incentive for anyone without superb credit to pay – just collect as much as you can, hand deliver the 3 Day Notice to Pay Rent or Quit for the balance, if they don’t pay timely initiate Unlawful Detainer, that should get their attention.
Once in a blue moon money will be paid, failing thta proceed to eviction and find new paying customers.
Good luck!
May 11, 2009 at 12:22 PM #397255oxfordrickParticipantNo good deed goes unpunished.
Anyone who rents property quickly learns that no good deed goes unpunished.
Collecting back rent is very hard – no incentive for anyone without superb credit to pay – just collect as much as you can, hand deliver the 3 Day Notice to Pay Rent or Quit for the balance, if they don’t pay timely initiate Unlawful Detainer, that should get their attention.
Once in a blue moon money will be paid, failing thta proceed to eviction and find new paying customers.
Good luck!
May 11, 2009 at 12:22 PM #397111oxfordrickParticipantNo good deed goes unpunished.
Anyone who rents property quickly learns that no good deed goes unpunished.
Collecting back rent is very hard – no incentive for anyone without superb credit to pay – just collect as much as you can, hand deliver the 3 Day Notice to Pay Rent or Quit for the balance, if they don’t pay timely initiate Unlawful Detainer, that should get their attention.
Once in a blue moon money will be paid, failing thta proceed to eviction and find new paying customers.
Good luck!
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