3 ms·

>The point is that, according to that narrative, you could be "less evil" than the other landlords. You can afford to "protect your investment" less So, don't

>The point is that, according to that narrative, you could be "less evil" than the other landlords. You can afford to "protect your investment" less So, don't kick out people who don't pay their rent immediately? Sounds like a recipe for achieving all of the "acclaim" for being a slumlord with none of the actual profit...

wutbrodo 8y ago
I don't understand the point you're trying to make. Is your claim that even a person trying to be a maximally fair landlord of low-income property has to be a "slumlord"? How is this not a meaningless definition of the term?
- smallnamespace 8y ago
  The point is that people will see you as an exploitative, greedy slumlord (per the article) unless you open your books to them, and even then I'm sure people can find something objectionable, since the definition of 'fair' varies.
scarface74 8y ago
You can’t kick people out immediately if they don’t pay their rent. It’s been awhile so I’ve forgotten all of the terms. In my relatively landlord friendly state, it is a long process. 1. You have to give them a written notice and they have 7 days to pay rent. 2. Then you have to go and file an eviction notice with the court and wait up to another week for them to send a notice to the tenant. 3. Then you have to wait for a court date. The tenant can basically say anything and buy time. 4. If you are successful, you have to wait for few days to schedule a police officer to come out and you have two hours to put all of their stuff on the street. You have to have at least 5 people(?) to move their stuff out. At any time the tenant can pay the rent and stop the process. If you do everything right, it can take two or three months and you can’t go into the property while they probably tear it up. If you want to recoup your costs, you have to go back to court to get a judgement and if they don’t pay you have to go back again to try to get their wages garnished. Each step comes with fees.
- pytester 8y ago
  I suspect a majority of renters actually aren't aware of the legal protections they have nor do they have the legal resources at their disposal (or even state of mind or time, in many cases) to fully take advantage of them. On the other hand, some probably do and some probably do take full advantage of their legal rights. Aggregate margins would probably be a lot thinner if every person being evicted took full advantage of every legal right they had though. Similarly, the landlords who are straight and honest about the process and don't take advantage of this probably take in lower profits than the ones who don't.
- AlexTWithBeard 8y ago
  Exact rules depend on the state. In NY a typical eviction process takes about half a year.
  - bequanna 8y ago
    In MN we can have someone out 2-3 weeks after filing the eviction. 6 weeks, tops. Court date 1-2 weeks after filing, Sheriff escort off the property 1-3 weeks after court date. But, it almost never gets to that point.

wutbrodo 8y ago

I don't understand the point you're trying to make. Is your claim that even a person trying to be a maximally fair landlord of low-income property has to be a "slumlord"? How is this not a meaningless definition of the term?

smallnamespace 8y ago
The point is that people will see you as an exploitative, greedy slumlord (per the article) unless you open your books to them, and even then I'm sure people can find something objectionable, since the definition of 'fair' varies.

scarface74 8y ago

You can’t kick people out immediately if they don’t pay their rent. It’s been awhile so I’ve forgotten all of the terms. In my relatively landlord friendly state, it is a long process. 1. You have to give them a written notice and they have 7 days to pay rent. 2. Then you have to go and file an eviction notice with the court and wait up to another week for them to send a notice to the tenant. 3. Then you have to wait for a court date. The tenant can basically say anything and buy time. 4. If you are successful, you have to wait for few days to schedule a police officer to come out and you have two hours to put all of their stuff on the street. You have to have at least 5 people(?) to move their stuff out. At any time the tenant can pay the rent and stop the process. If you do everything right, it can take two or three months and you can’t go into the property while they probably tear it up. If you want to recoup your costs, you have to go back to court to get a judgement and if they don’t pay you have to go back again to try to get their wages garnished. Each step comes with fees.

pytester 8y ago
I suspect a majority of renters actually aren't aware of the legal protections they have nor do they have the legal resources at their disposal (or even state of mind or time, in many cases) to fully take advantage of them. On the other hand, some probably do and some probably do take full advantage of their legal rights. Aggregate margins would probably be a lot thinner if every person being evicted took full advantage of every legal right they had though. Similarly, the landlords who are straight and honest about the process and don't take advantage of this probably take in lower profits than the ones who don't.
AlexTWithBeard 8y ago
Exact rules depend on the state. In NY a typical eviction process takes about half a year.
- bequanna 8y ago
  In MN we can have someone out 2-3 weeks after filing the eviction. 6 weeks, tops. Court date 1-2 weeks after filing, Sheriff escort off the property 1-3 weeks after court date. But, it almost never gets to that point.