The majority of them have bills and expenses just like you and I. They didn’t purchase homes and property for people to live in for free.
Why does the Coli hate landlord's so much?
- Thread starter Standing on business
- Start date
Bryan Danielson
Jmare007 x Bryan Danielson x JLova = King Ghidorah
Mike Nasty
Superstar
It's odd cause they could help with the rent if they wanted. Like the thread about empty Vegas hotels not housing the homeless, the one dude was mad, but he could have easily picked up the phone and paid for a room.
my coli brehs cant comprehend how someone doesnt have 6 figures 
JajaOfOpobo
All Star
Those that do not have hate those that have. Granted some landlords are on some fukkshyt, but still.
Yes slumlords are a real thing, but getting mad at a landlord for never fixing shyt they’re supposed to is not the same as getting mad at a landlord for evicting someone who hasn’t paid rent in half a year:
1 landlord threw me in jail for visiting my friends in their building (a racist AF greek landlord) for 24 hours, and another one evicted me and threw out all the stuff of my friends and their belongings. Made us leave within 5-10 minutes.
And you made fun of it...remember OP? You used one of the worst points in my life for comedic purposes when I was struggling?
You think that shyt's cool...especially when we ain't never seen your face my nikka?
And you made fun of it...remember OP? You used one of the worst points in my life for comedic purposes when I was struggling?
You think that shyt's cool...especially when we ain't never seen your face my nikka?
1 landlord threw me in jail a and another one evicted me and threw out all the stuff of my friends and their belongings.
And you made fun of it...remember OP? You used one of the worst points in my life for comedic purposes when I was struggling?
You think that shyt's cool...especially when we ain't never seen your face my nikka?
nikka don’t sit up here and act like you ain’t start that fiasco between us when you decided to call me out for no reason. And given your c00nish, begging for money on multiple occasions history on here why not leave the past in the past
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fckyoupayme
All Star
I don’t hate landlords but some of them are doing horrible things to people. Taking off doors and locks, etc. however I understand. Fear and hunger make people do crazy things
Landlords are running out of money. 'We don't get unemployment'
Over the past 30 years, Maral Boyadjian has built up a family real estate business consisting of eight homes in Southern California that she and her husband rent out.
"Some people spend their money on a bigger home or better car or travel, but we live modestly," said Boyadjian. "Whatever money we can put together, we spend it on buying another single-family home to rent."
Typically, the rents from the homes enable the couple to cover all their expenses and earn income. But now tenants in three of their properties in the San Fernando Valley, haven't paid their rent for months. The couple can't remove those tenants because of a state eviction moratorium, which was extended untilJanuary 31.
Of the three tenants that are behind, one has arranged to pay 25% of rent now and the rest later. Boyadjian said she is happy to work with that tenant, because at least an effort is being made and she's getting something. Others, like those who have not paid any rent since August, leave her feeling like she's being taken advantage of.
"Owning a property and collecting rent on it is my way of making a living," she said. "There has been no government aid coming my way. Our income has been sliced. We don't get unemployment."
So far, she has been able to continue to meet her financial obligations. She makes property tax payments and pays the insurance. She not only pays for utilities like water, but also for gardeners and pool maintenance.
"We've been able to pay our mortgages, but we're really in danger of not being able to on two properties," Boyadjian said. "This is not sustainable."
Eviction moratoriums causing uncertainty
As the coronavirus pandemic drags on -- with unemployment still high, government support dwindling and the status of future stimulus unknown -- landlords are suffering.
An estimated 9.2 million renters who have lost income during the pandemic are behind on rent, according to an analysisof Census data by the Center on Budget and Policy Priorities. And renter households with a job loss will owe an estimated average of $5,400 in back rent by this month, according to a report from the Federal Reserve Bank of Philadelphia.
ban on evictions, put in place by the Centers for Disease Control and Prevention to stop the spread of the virus, has meant many landlords must continue to pay to maintain and finance their properties with less rent coming in and no recourse to remove non-paying tenants.
"This is becoming a concern for landlords," said David Howard, executive director for the National Rental Home Council, which advocates on behalf of the single-family rental industry. "With the eviction moratorium, you don't know what the next step is. There is no certainty about when you're going to get paid."
If the CDC order is allowed to expire, as many as 5 million renters could face eviction across the country in January, with as many as 14 million renterhouseholds at risk of eviction, according to Stout, a global investment bank and advisory firm. But advocates for property owners doubt there will be anywhere near that many people facing homelessness.
"The stories are heartbreaking for everyone -- people with medical problems or who have lost their jobs," said Howard. "But I don't see an eviction tsunami or an apocalypse coming. I think that message is coming from housing advocacy groups as a way to prevent any evictions."
Still, there is an incentive to support property owners and to keep tenants in safe housing, Howard said. But finding the solution is tricky. He advocates for rental assistance in the form of direct payments to landlords or payments to tenants earmarked for rent.
Single-family homes account for half of all rental housing, he said, and the majority of those property owners are mom-and-pop landlords, many of whom may be operating on razor-thin margins, relying on rental income to cover the costs of the property and using what's left as their income.
"The government is putting property owners in a situation where they are supposed to be the back-stop," Howard said. "And many will say, 'I can no longer afford to be in this business.' "
Unable to maintain property
Peter Gray, president of Pyramid Real Estate Group in Stamford, Connecticut, is not only a property owner collecting rent on 30 of his own properties, but also a property manager who handles maintenance and rent collection for other landlords. While only a couple of his own tenants have stopped paying, some of his landlord clients are having trouble paying him.
"Usually we're one of the last ones they stop paying," he said. "We're the ones collecting the rent. If they can't pay their subcontractors, they are hurting."
Peter Gray of Pyramid Real Estate Group says most of his tenants are able to pay rent. But in the property management side of his business, landlords are struggling to pay for repairs, trash removal or heat.
If landlords are struggling, tenants will also be affected as home maintenance slides.
"I'm seeing landlords who can't pay for trash removal," Gray said. "We're getting 'no heat' calls. They aren't paying real estate taxes. They aren't paying their mortgage."
He said one property his company manages had a plumbing problem that cost around $38,000. The owner did not pay the bill.
"We had to get an attorney involved and say we would no longer do maintenance or repairs for them," he said. "We paid $38,000 for repairs and they'd like to owe us one?"
I'm seeing landlords who can't pay for trash removal. We're getting 'no heat' calls. They aren't paying real estate taxes. They aren't paying their mortgage."
Peter Gray, president of Pyramid Real Estate Group
For the typical landlord in trouble, which he said is someone who bought their property in the last five years and is leveraged to the hilt, there are no reserves. "Despite tenant protection laws, these landlords don't have the cash reserves, nor the equity in their building to get loans," he said. "With the moratoriums, they're taking hit after hit."
Some landlords, he said, are being paid less and seeing the wear and tear on their property increase as grown children or friends double up after losing their own housing. Routine maintenance that was supposed to take place this year has in some cases been delayed or canceled because landlords just don't have the money, said Gray.
"They can legislate the need to do timely repairs," he said. "But for many landlords, there is no money."
Gray said he has some non-paying tenants he is not able to evict because of the moratorium. But he's found most of his tenants are communicating with him and making their best efforts to pay.
"It isn't my style to take the last penny off the table," he said. "I want my tenants to do well. I thought early in my career it may have been bad business not to be more aggressive. But it turns out it is good business to work with people."
Over the past 30 years, Maral Boyadjian has built up a family real estate business consisting of eight homes in Southern California that she and her husband rent out.
"Some people spend their money on a bigger home or better car or travel, but we live modestly," said Boyadjian. "Whatever money we can put together, we spend it on buying another single-family home to rent."
Typically, the rents from the homes enable the couple to cover all their expenses and earn income. But now tenants in three of their properties in the San Fernando Valley, haven't paid their rent for months. The couple can't remove those tenants because of a state eviction moratorium, which was extended untilJanuary 31.
Of the three tenants that are behind, one has arranged to pay 25% of rent now and the rest later. Boyadjian said she is happy to work with that tenant, because at least an effort is being made and she's getting something. Others, like those who have not paid any rent since August, leave her feeling like she's being taken advantage of.
"Owning a property and collecting rent on it is my way of making a living," she said. "There has been no government aid coming my way. Our income has been sliced. We don't get unemployment."
So far, she has been able to continue to meet her financial obligations. She makes property tax payments and pays the insurance. She not only pays for utilities like water, but also for gardeners and pool maintenance.
"We've been able to pay our mortgages, but we're really in danger of not being able to on two properties," Boyadjian said. "This is not sustainable."
Eviction moratoriums causing uncertainty
As the coronavirus pandemic drags on -- with unemployment still high, government support dwindling and the status of future stimulus unknown -- landlords are suffering.
An estimated 9.2 million renters who have lost income during the pandemic are behind on rent, according to an analysisof Census data by the Center on Budget and Policy Priorities. And renter households with a job loss will owe an estimated average of $5,400 in back rent by this month, according to a report from the Federal Reserve Bank of Philadelphia.
ban on evictions, put in place by the Centers for Disease Control and Prevention to stop the spread of the virus, has meant many landlords must continue to pay to maintain and finance their properties with less rent coming in and no recourse to remove non-paying tenants.
"This is becoming a concern for landlords," said David Howard, executive director for the National Rental Home Council, which advocates on behalf of the single-family rental industry. "With the eviction moratorium, you don't know what the next step is. There is no certainty about when you're going to get paid."
If the CDC order is allowed to expire, as many as 5 million renters could face eviction across the country in January, with as many as 14 million renterhouseholds at risk of eviction, according to Stout, a global investment bank and advisory firm. But advocates for property owners doubt there will be anywhere near that many people facing homelessness.
"The stories are heartbreaking for everyone -- people with medical problems or who have lost their jobs," said Howard. "But I don't see an eviction tsunami or an apocalypse coming. I think that message is coming from housing advocacy groups as a way to prevent any evictions."
Still, there is an incentive to support property owners and to keep tenants in safe housing, Howard said. But finding the solution is tricky. He advocates for rental assistance in the form of direct payments to landlords or payments to tenants earmarked for rent.
Single-family homes account for half of all rental housing, he said, and the majority of those property owners are mom-and-pop landlords, many of whom may be operating on razor-thin margins, relying on rental income to cover the costs of the property and using what's left as their income.
"The government is putting property owners in a situation where they are supposed to be the back-stop," Howard said. "And many will say, 'I can no longer afford to be in this business.' "
Unable to maintain property
Peter Gray, president of Pyramid Real Estate Group in Stamford, Connecticut, is not only a property owner collecting rent on 30 of his own properties, but also a property manager who handles maintenance and rent collection for other landlords. While only a couple of his own tenants have stopped paying, some of his landlord clients are having trouble paying him.
"Usually we're one of the last ones they stop paying," he said. "We're the ones collecting the rent. If they can't pay their subcontractors, they are hurting."
Peter Gray of Pyramid Real Estate Group says most of his tenants are able to pay rent. But in the property management side of his business, landlords are struggling to pay for repairs, trash removal or heat.
If landlords are struggling, tenants will also be affected as home maintenance slides.
"I'm seeing landlords who can't pay for trash removal," Gray said. "We're getting 'no heat' calls. They aren't paying real estate taxes. They aren't paying their mortgage."
He said one property his company manages had a plumbing problem that cost around $38,000. The owner did not pay the bill.
"We had to get an attorney involved and say we would no longer do maintenance or repairs for them," he said. "We paid $38,000 for repairs and they'd like to owe us one?"
I'm seeing landlords who can't pay for trash removal. We're getting 'no heat' calls. They aren't paying real estate taxes. They aren't paying their mortgage."
Peter Gray, president of Pyramid Real Estate Group
For the typical landlord in trouble, which he said is someone who bought their property in the last five years and is leveraged to the hilt, there are no reserves. "Despite tenant protection laws, these landlords don't have the cash reserves, nor the equity in their building to get loans," he said. "With the moratoriums, they're taking hit after hit."
Some landlords, he said, are being paid less and seeing the wear and tear on their property increase as grown children or friends double up after losing their own housing. Routine maintenance that was supposed to take place this year has in some cases been delayed or canceled because landlords just don't have the money, said Gray.
"They can legislate the need to do timely repairs," he said. "But for many landlords, there is no money."
Gray said he has some non-paying tenants he is not able to evict because of the moratorium. But he's found most of his tenants are communicating with him and making their best efforts to pay.
"It isn't my style to take the last penny off the table," he said. "I want my tenants to do well. I thought early in my career it may have been bad business not to be more aggressive. But it turns out it is good business to work with people."
Gunz&Butta
All Star
No relief for main street landlords. If wall street was hurting, these fxcking congressmen would be lining up to hand them billions.
I’m about to be a landlord end of next year once we pay off our current home and move. I think Coli brehs are mad they aren’t in the landlords situation of owning someone else’s shelter and making money off it which is some of the easiest coin people can make in this country.
LiIZaneFan1978
2PAC BACK
So renters everywhere except the coli love their landlords?
Congress will have no other choice but to drop the bag to bailout landlords as this current amount in the stimulus bill won’t be enough. It’s either that or expect the banks to come calling with their hands out.
Pick your choice. Either way the banks will get theirs in full.
Pick your choice. Either way the banks will get theirs in full.