Re: Notice for eviction for 2x late - Landlord Forum thread

Re: Notice for eviction for 2x late by Anonymous (MN) on June 7, 2012 @08:44

Typical internet harda$$ landlords. While you would probably win any case againstthe landlord, it's not worth it. He's turned off to you and will be a jerk to you for however long you rent his place. You are definitely entitled to the month you have paid for, yes. I'd just find a new place. And I would quit smoking, that stuff is just nasty and costing you way too much. You could afford a much nicer place if you used all of your smoking money on rent.

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Re: Notice for eviction for 2x late by Anonymous on June 7, 2012 @10:58	[ Reply ]

How bout save that money and buy your OWN place. Best time to buy is now. The prices are lowest ever and loans are very low interest rates.

Re: Notice for eviction for 2x late by OK-LL on June 7, 2012 @11:17	[ Reply ]

Why do you assume it's an attitude issue (hardass) with "internet LLs"? Why can't the LLs requirement for on-time payments be legitimately tied to his obligations on the property, such as mortgage, taxes & insurance, with related deadlines for his payment of these items. A shortfall on an anticipated rent payment (there's a reason the rent is due on a certain date) may adversely affect his ability to make good his obligations, effectively letting the tenant's problems become the LLs problems -- something that should never happen. I require tenants pay rent on the 1st because I have to wait for their personal checks to clear before I can use the income to meet my obligations. That means the funds are available around the 5th-7th. A late payment pushes that availablity date back further. If a tenant pays late, their late fee compensates me for advancing funds from other income to the obligations on that rental, or for fees/fines assessed by the creditors. This is why it's important to me that my tenants have the gumption and ability to save money so if they have a problem with their income, they can dip into savings and pay on time, rather than pass along to me the problem.

Re: Notice for eviction for 2x late by Anonymous on June 7, 2012 @13:02	[ Reply ]

If you need that money that badly that it's a financial burden on you if they don't pay on time, you may want to reconsider why you're renting out a place to begin with. I rent out my old townhome and an additional 4 places I bought. I didn't even consider this until I knew I had 6 months cushion to pay expenses related to each property I was renting. I learned quick that renters are unpredictable and that's just the nature of the beast. I won't get my rent on time every month of the year, I won't have every tenant fulfill the lease, I won't have every tenant leave my house in pristine condition, I won't have a tenant within 2 weeks after a previous tenant moves out. It's just the way it is. Ideally I wouldn't have to have that cushion, but it's a much better option than worrying if Johnny is going to pay is rent by the 1st every month.

Re: Notice for eviction for 2x late by OK-LL on June 7, 2012 @17:40	[ Reply ]

Agreed, a LL needs to be properly funded. BUT that doesn't relieve the tenant of his legal obligation to pay rent on time and in full. Business is business. I save my favors for my friends.