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So I sold my rental unit years ago...the landlord business just isn't as much fun as the brochure says it should be. But if I were still in it, and I had reaso
by corbet 6y ago
So I sold my rental unit years ago...the landlord business just isn't as much fun as the brochure says it should be. But if I were still in it, and I had reasonable tenants, I would be doing everything I could to avoid evicting them. Who, exactly, are you going to get to replace them in this environment? What's the point of going through that miserable (for everybody involved) process?
- duxup 6y agoI think many small landlords would do as you describe. But I suspect many are big organizations that may be less flexible.
- ljf 6y agoFor the 'big orgs' they will also want to get in early. You don't want to be the last one evicting people - which is disgusting, but is the face of big business.
- psychlops 6y agoWhile a nice sentiment, if you are evicting them, it's probably because they aren't paying rent without any hope of getting it in the future. Getting less rent than no rent seems a logical choice.
- marcosdumay 6y agoThey either weren't paying rent before the pandemics (in what case nothing changed) or you can't honestly dismiss that they'll go back to paying after the pandemics.
- psychlops 6y agoIf the rent is relied upon to pay a mortgage, then it wouldn't be wise to wait until the pandemic is over. Landlords also have bills to pay. Rationally, this pandemic won't ever be over. The Spanish Flu still circulates. Also, there is no particular reason to believe that jobs will spring back to where they were, if they ever do.