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

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

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.

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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.