[EconProf]

Great inspirational story about a guy who quickly learned the trap of taking on too much student debt. And to think he only ran up $30,000! Way too many students get conned into majors that have poor employment prospects and will be burdened by the resulting debt for decades.
I’ll bet when he decides to buy housing he does not overpay or take on excessive debt.

[EconProf]

Don’t do anything.
I promise I’ll stop.

[EconProf]

[quote=moneymaker]EconProf from this link http://www.wimer.net/landlord/a/landlords_rights.pdf it states
“Also, you cannot evict you
while the lease is in effect, except for reasons
such as your damaging the property or failing to
pay rent. A lease gives you and the tenant the security of a
long-term agreement at a known rent.
The disadvantage of a lease is that if the tenant
ends up being undersirable, but complies with
the terms of the lease you must ride out the term.”
I believe marriage is a protected category as far as discrimination goes, so if you want to risk a lawsuit evict away.
My personal take would be if he spends less than half the nights there he is not a tenant.[/quote]

Moneymaker, I thought you were saying if she marries him then the landlord cannot prevent him from moving in with her. What you quoted does not change that. Landlord rented to one person, and he/she cannot be forced to take on another person unwillingly. Also, the extra person adds to utility usage, wear and tear, extra parked car, etc. And what if the new hubby has kids. Can they also be forced upon the landlord?

[EconProf]

[quote=moneymaker]UCGal I did not say there is nothing you can do if he moves in without marrying her. I said there is nothing you can do if they get married and he moves in, big difference. If they get married then he would be protected by law, same as if he were her care giver, i.e. if she needed a care giver, which is probably not the case.[/quote]
I really doubt that.
Documentation please.

[EconProf]

Back to the subject of HOAs, owners, and their tenants…
Owners are responsible for following CC&Rs, excepting unreasonable or illegal clauses, which means their tenants must comply with the CC&Rs. Ideally, owners should make the CC&Rs an attachment to the lease and be sure the tenant understands that when the rental begins. Practically speaking, that is not likely since CC&Rs can be a half-inch thick document.
Long ago I owned 3 condos near UCSD where most of my tenants were students. Students in the first rental of their lives can be a challenge because they don’t understand rules, contracts, neighborliness, etc. The condo complex was two-thirds students and was going downhill fast. Absentee landlords failed to rein in their tenants and enforcing rules about parking, noise, trash, pets, etc. was hurting our image and property values. The landlords were amateurs and perhaps thought the HOA was supposed to be their property manager while they sat back and collected rent. I got on the HOA Board and came up with a two-page list of the key rules and regulations. We convinced most of the landlords to make these rules a part of their lease. Of those landlords that didn’t, we came down hard on them when their tenants misbehaved. I’d recommend this approach for other condo associations which have a lot of renters.

[EconProf]

HOA boards do not have a legal relationship with tenants of their complex, but with owners. So they have to rely on owners to inform their tenants of the rules and make sure they follow them.
I used to own condos in San Diego and always made sure tenants got a list of HOA rules and regulations of the complex that they would need to comply with. Too few owners do this, which is one reason condo buildings with high concentrations of renters acquire a bad reputation, go downhill, and are avoided by lenders.

[EconProf]

Perhaps a lot of Gate’s and Buffett’s increased generosity later in life is due to a natural inclination to be more reflective and giving as we age. Their consumption appetites are satisfied by a tiny fraction of their wealth, so they look around and discover how much good that wealth could be doing.
Come to think of it, the world might be worse off if they had decided at a younger age to discover philanthropy. All the money Gates and Buffett piled up in their 40’s and 50’s would not have materialized and be doing good things now.

[EconProf]

OK 6pack, we get it. You like deadlifts to strengthen the back. However, years ago when I was heavily into weightlifting, I got a back spasm overdoing deadlifts.
Try yoga instead, plus eliminating the gut. A big belly puts a lot of strain on backs. And if you do serious yoga and own property, your chant can be “Appreciation…appreciation….appreciation…”

[EconProf]

In the never-ending debate about whether the more wealthy are generous, I am encouraged by the Bill Gates/Warren Buffett behavior. They and dozens of other uber-rich have pledged to give at least half of their wealth to charities or philanthropies at death or before.

[EconProf]

Read the whole article and found it interesting. And long, really long. But it seemed flawed in that it mostly depicted researchers who had reached a conclusion, then went about conducting experiments to back up their theories.
Would like to see the peer-review comments from their academic colleagues. Some were cited in the article, but only half-heartedly, enough tokenism for the author to say that all sides were presented.

[EconProf]

Years ago when I had San Diego apartments I had good luck with Ted Smith, office near Hotel Circle. I checked and see he is still in business: 619 299-1761

[EconProf]

It appears that when he did not pay November rent you filed a 3-day notice but then offered to let him stay stay through November without paying rent if he would promise to move out. Then he gave you an attitude and said he would move out when it was convenient for him? Do I have that right? Wow, I want you for my next landlord.
Attorneys that specialize in evictions abound, and it is a competitive business so they all charge about the same. I’m sure some Piggs will weigh in with some names you can go to. Call one ASAP, and do not try to do this legal stuff on your own.
BTW, if your offer to him to let him stay was in writing, then it alters your lease and you are bound by it.

[EconProf]

If we held an election today for president between Obama and Romney, I wonder who would win?

[EconProf]

This animated video crammed a huge amount of basic economic principles and terms into 30 minutes. It was aimed at about at the ninth-grade level, and would be ideal to show in the first week of a high school economics class. It certainly did not have time to talk about the Vietnam war, theories about the (still-disputed) causes of the recent meltdown, or other specifics.
As to the credibility of its data and principles, I found nothing major to criticize. The author, Ray Dalio has, over three decades, risen to be among the top dozen or so analysts of our economy and business cycles. He is highly respected among his peers, including those who disagree with him. He has grown fabulously wealthy as a wealth manager and advisor and certainly didn’t make this video for the money.
So, davejl, hang in there and don’t give up on Piggington. I remember your prescient comments and generous advice from long ago, and I have missed them.

[EconProf]

You need to look at the quality of doctors, not just the quantity. Would you rather be treated by an Uzbekistani doctor in a hospital in Uzbekistan, or an American doctor in America?

[Author]

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