Apartment Complex Owners - Society's Biggest Fools ?

Discussion in 'Clean Debate Zone' started by protectionist, Oct 20, 2014.

  1. protectionist
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    protectionist Gold Member

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    I'm not going to tell you about life (future tense). I already told you about life (past tense)

    Once is enough. If you can't get it, that's YOUR problem. :biggrin:
     
  2. evenflow1969
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    evenflow1969 Gold Member

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    Your an idiot STFU
     
  3. protectionist
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    protectionist Gold Member

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    "Scrape by" is not the criteria. Housing payment record is (assuming incomer and chosen rental rate are about the same)

    If you are interested in not having your investment lose value, you do not rent to people who have high chance of eviction. That is young people with insecure JOBS (here today gone tomorrow), more so than retired people with secure Social Security and VA pension incomes.
     
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  4. protectionist
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    protectionist Gold Member

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    Wow! Will protectionist ever be able to come back from that eloquent post ? LOL
     
  5. WinterBorn
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    WinterBorn Gold Member

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    So they weren't supposed to check credit scores? Just sell, on credit, to whomever walked through the door? No wonder you don't have any money left.
     
  6. WinterBorn
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    WinterBorn Gold Member

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    Just don't call him a "dumbass". He will call the Sheriff on you and you will go to jail. :abgg2q.jpg:
     
  7. evenflow1969
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    evenflow1969 Gold Member

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    I am done listeningto his crap! He does not rate bright enough to consider!
     
  8. Gracie
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    Gracie Diamond Member

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    Try doing your job and vetting all new tenants.
    3 times the amount of the rent is why there are so many homeless people!! It's ridiculous! (And I know from experience since I am now retired from 45+ years as a property manager. I NEVER asked 3 times the rent. And I ALWAYS had great tenants).
     
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  9. Dan Stubbs
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    Dan Stubbs FORGET ---- HELL Gold Supporting Member Supporting Member

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    My brother had a house he could not rent, so he offered it to a Deputy Sheriff rent free for just keeping it up. So far the place looks like a million bucks and the cop has arrested seven people in the area. Hey it is not a bad idea.
     
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    • Funny and Agree!! Funny and Agree!! x 1
  10. Picaro
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    Picaro Gold Member

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    This is the typical mentality of the modern 'business community' out there these days. They think they can raise their prices indefinitely while doing everything possible to hold wages down and drive them even lower, and still have all kinds of customers. They papers claim there is some sort of 'boom' going on, so they raise their prices, only to find there is no 'boom' for wage earners, just for those selling to flippers. And, even that 'boom' is faltering.

    I'm still laughing at the tards who built those big high end houses in the neighborhoods around here, still sitting there with 'For Sale' signs on them a year later, built with cheap criminal illegal alien labor and worth less than half of what they need to sell them for to break even. Meanwhile I'm having to kick out for appraisals every year because the County loves to jack up real states taxes based on these ridiculous 'appraisals' on these idiots' over-built junk piles they haven't even sold yet.
     
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