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 Why do people like to live in $900,000 'condos?'?
I live in Atlanta, Georgia. I've grown up here all of my life, and I hope to move away into a nicer area further out in the country, at some point. I'm tired of the city...it's not ...


 Can I be sued for past rent and damages for a home that my mother was buying when she passed away?
My Mother was buying a mobile home from a private seller when she passed away in March. she is still legally married to my stepfather but he is incarcerated. My younger brother lived there for the ...


 Do I have to have pre-approval letter just to see the property?
I'm planing to buy a property so I got a realtor who said that he has a few properties but would not show them to me unless I have a pre-approval letter. Is this normal? Is this a must?
<...


 I recently bought a house and was disappointed to find out I paid exactly the appraised value of the house.?
Is this unusual? I thought in this market I would be paying less but that was not the case. My coworker said I should have bought the house and already had equity in it. IS that true? Don't get ...


 Why is it that 96% all mortgages are still being paid on time?
Yet America hating liberals focus only on the 4% of scumbags that should have never qualified for a mortgage in the first place?!...


 My tenant wants to break the lease and move out immediately. as a land lord, what should i do?
she says that her mother has cancer and she has to move to Texas to take care of her. she says that she got fired from her job. there is no money to pay rent next month....


 Apt rental agreement question with a faulty appliance?
I have just gotten a new 1-bedroom apt and it came with a refrigerator. most of the apts though in this bldg and managment company DO NOT come with a refrigerator and so i noticed there was one when ...


 How much am I entiled to?
My ex and I bought a house together a year ago. It is financed in her name alone, but both of us are listed on the deed. She broke up with my four months ago and we are in the process of sorting ...


 Father-in-law possibly buying house across the street?
my father-in-law and his girlfreind are looking into buying the house that's up for sale right across the street from my husband and I. My husband wants him to buy that house, however I'm ...


 Is it legal for the tenant to return landlord's mail back to sender?
...


 Am muslim lady came to london from abroad for treatment looking for stadio flat to rent for 6weeks close to?
regent mosque, ready to pay 150 per week maxi, please may allah reward you can you help please reply yes or no. ...


 I need a place to live are there property managers that rent to people with bad credit?
I have late payments and past due bills and creditors are not happy with me right ...


 I am moving from my first apartment any advice to avoide extra charges?
...


 The house I'm buying isn't worth the price offered...?
the appraiser said it wasn't worth the price. it's about 50,000 less than what we offered. the sellers don't owe anything on it, but i'm worried they won't negotiate with ...


 Is this a good time to buy house / condo in Conneticut?
or are the prices expected to still come down? Do you think prices of Condos and townhouses will coem down, too?...


 Is It ok to Tag Along With a House Inspector While He/She Is Inspecting Your Future House?
Buying a house and need an inspection. (Cincinnati, Ohio) A friend said that their house inspector did not want them to be there because he might get distracted.

Is that the norm.? Or ...


 I live in Maryland and my house will be foreclosed tomorrow, how long to I have to move after the sale?
...


 A subprime borrower preparing for refinance?
When I bought my house a year ago I was a subprime borrower. I have a mortgage through Option One a known predatory lender. However I have made all my payments on time and havnt had one problem. In ...


 Which is better: a traditional home loan, or a stated income loan for a first time buyer on a budget?
...


 How much rent should this family pay?
How much rent should this family of 7 pay?

Here's the family:

- A couple in their early 40s
- 4 kids (aged 4 - 13)
- 1 baby (5 months)

They're ...



Tab
Why are landlords pains in the a's?
First of all, I want to comment on alot of what I have read on here from different landlords answering questions...

Rent being a fews days late, no going past your late rent fee... why do landlords get so angry over something so small?? Alot of the answers ere because they have mortgage payments.. well, if I had a mortgage payment, I wouldnt be kicked out of my home for being a few days late, I would always still have my home. Another thing is that when you go in to rent your home, those are things you need to think about, which is, they may have financial difficulties and will have to pay a little late... thats something you should KNOW you have to deal with when going into renting... you should have a backup plan, or savings t cover those things untill you get your money from the tenant.. its like a business..learn how to roll with it. Another thing... if you say your tenant is late on rent and you are angry because that makes your mortgage payment late.. well, you dont lose your home from it being a few days late.. but when we're late for the same reason as youre late on your payment, which is finacial difficulties), you dont lose your home like we would.. I think that its the LANDLORDS fault if their mortgage payment is late.. they should have money put back for emergencies because you know renting out your home isnt going to be as easy as you think and youre depending on someone else to pay your bills.. so you need to be prepared for those things.

I had a landlord once that the electric box was smoking and the sewage started got backed up and it was in my yard... when I told them I was affraid of fire to come fix the problems and I stayed in a hotel.. he didnt get to fixing the problems for a week... and evicted me for failure to pay rent... when I wasnt obligated to pay rent when I couldnt live there and him not fixing the problems in a reasonable manner and me paying for hotel fees. I've had problems with every landlord I've ever had. Its ridiculous how they treat you.
Additional Details
yes... lessees and lessors can be nice for the smooth process for both parties. And yes, in my state.. I am NOT obligated to pay rent if I cant live in the home.. and it took them a long time to even come out to look at the problem.
                     
 




chatsplas
LLs have mortgages to pay, maintenance and repairs on their property. Then they have to deal with irresponsible tenants who sign legally binding contracts, give their words, then don't follow through, don't keep their word, don't fulfill their legal obligations. They don't pay their rent on time, they pay part, and you have to keep after them for the rest, they give you sob story after story-o-lies and truth, they bring in pets they're not supposed to have because the place has brand new, expensive, beautiful carpeting, their pets pee in and shred the apartment, they fight and punch holes in walls, and they think that the whole world owes them a living and consideration. LLs deal with several tenants, series of tenants, and attempt to NOT get tenants who will think nothing of paying a little late, and a little later, and who think it's the LLs responsibility when they are pigs and bring in mice and roaches. If a tenant is Late paying, that is a choice they made and they need to deal with the consequences, which are clearly set out in the lease they signed. If LLs are late paying on their mortgage, it impacts their credit rating and the late fees are many times higher than the fee in your lease.

LLs, like tenants are people and there are good ones and bad ones out there. There are many tenants who would NEVER think of paying rent late, who know that their first obligation to self and family is to keep a roof over their heads, and who honor their legal obligations. However, tenants' problems are not the LL's responsibilities and it is counterproductive for LL to extend time to tenants, because the more time you give them, the longer it will take to get them out when they still don't come up with their Late rent. So LLs think about their business and learn to roll with it, which is NOT extending extra time to tenants, because things only get worse. The very things you complain about, are LLs acting responsibly to protect their investment in their property.


MM C
Try to put yourself in the shoe of a landlord. When you travel 45 minutes to the property to collect rent and find out there's no check in the rent box. Then what would you do? Go on the 2nd, and find there's nothing either. Hey! Landlord has a life, too. S/He cannot go to the property just for your check everyday. Yes! EVERYONE should have a backup plan in case of a financial hardship but is it fair for a tenant to pass his financial problem to the landlord? Anyone can buy and rent a house/apartment to become a landlord. If you're not happy as a tenant, go buy your own house and rent a room out to see if it's easy to be a landlord. One time late to me may be acceptable but let me tell you if a tenant late one time, he'll be late every time. It's a habit developed.

Other than mortgage to pay. As a landlord you have to prepare to being called any time for fixing this and that even you're on vacation. The tenant pay little of rent and request a whole bunch of luxuries. Do you think people really take good care of your place? Most are not but they all expect to have their deposit back right away.


estielmo
Rating
Yes, every tenant "should have a backup plan, or savings to cover those things..." Do you think you'd be forgiving if your boss paid you a week or two late every once in a while?

The point is that over the many years of managing, landlords have seen a few days late turn into a few weeks and then into a few months. By being hardnosed from the start he avoids this. There's nothing like a "Three Day Notice to Pay or Quit" issued the first day after a grace period is up to wake a tenant up.

You forget that you only have one relationship - you and the landlord - to worry about. S/he has as many relationships as tenants, not to mention all his expenses.

As for your personal situation, unless there was an agreement for you to not pay rent and use the money for a hotel you didn't really cover yourself.

Somehow I see that you are upset when the landlord doesn't act fast enough to suit you, but you think he can just sit around and waitr for you to decide to pay the rent when it suits you. Significant building problems can seldom be solved immediately, professionals must be called in.

Leases are not about cutting slack and being nice, they are legally binding contracts, enforcable by either party in courts of law.


I Buy And Sell Houses
Quick answer: Because so many tenants are pains in the a**.

Look: A lease is a legally binding agreement. Both parties signed, meaning both agreed to live up to the agreement. And it's true that not all landlords do. They should, and most do.

However, read all the questions here on Yahoo. "I want to break my lease to buy a house." "I was a couple of days late and I'm being charged a late fee." "I didn't pay last month's rent and now the landlord is trying to evict me." "The landlord wanted to do a move-out inspection, but I was gone and he entered the apartment anyway." "I didn't clean the carpets when I moved, and now the landlord wants to take some money out of my security deposit."

And on and on and on and on.

Your opinion regarding how much in reserve funds a landlord should maintain doesn't matter squat. Sorry, it doesn't. Whether your landlord is just scraping by, or whether your landlord is Donald Trump doesn't matter. What matters is what you agreed to in the lease.

When a landlord violates the terms of the lease, haul his a** into court. More power to you. I've been in a slightly different situation with a condo association (a smoking electric box...really), and I took them into small claims court and won. They were trying to ignore their contractual and legal obligations, and I went after them. Tenants should do exactly the same when they're mistreated.

Nevertheless, I hear endless stories about tenants who feel that, somehow, the lease that they signed applies only to the landlord and not to them. No: It's a two-way street.


michael_angelo076
landlords have to deal with more idiots than you have to deal with bad landlord maybe you had like 4 or 5 bad landlords but i as a landlord have delt with hundreds of dead beat idiots thats why we are the way we are

oh yea btw, your late fee is what around 50 dollars well if we are late on the mortgage it is around 500 dollars


Brandon G
Just pay your rent on the first, quit complaining. If you don't like it then buy a house


Patrick
Rating
I hate to say it, but this is the typical "renters mentality". I see two types of people in this world. Those that can view themselves in a objerctive fashion and those that cannot. those individuals who can view themselves in an objective fashion see their faults and try to correct them. Those that cannot tent to find someone else at fault no matter what.

If you have "had problems with every landlord" you've ever had then I doubt the problem is with them. When a large group (all your previous landlords) have an issue with you then I would go so far as to say the issue is with you. Sure, there are bad landlords out there but to think, with the laws of probability, that you have had a run of all bad landlords while you are a good tenant just doesn't work. The odds are against you on this one.

As for evictions for not paying for a couple days. You yourself state this is business. Late fees should be charged if the rent is not paid on time. Evictions should be started immediately.

Why should late charges be charged? Because this is business, not personal. Does your credit card company let you pay a few days late for free? Nope, it's all business.

Why should evictions be started immediately? Because this is business. It can take anywhere from 30-60 days to get a tenant out. There is the potential of a loss of income during that time. It's smart business practice to mitigate any losses. A fast eviction does exactly this.

As for it being part of the business model. If your late and charged late fees then you are evicted, that IS a business model...working. It's just not working in your favor.

As for being evicted, if you were evicted that means a court of law agreed with the landlord. Oh wait, let me guess, they are all conspiring together. It's not that you did anything wrong. It's the fault of the courts and he landlords. yeah, right.


Real Estate Guy
once a loser, aways a loser. With the way you think, you will never get ahead.



glenn
Rating
I started to answer this in a serious manner and then realized you are not really asking a question.


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