The Small-Time Landlord vs. Big-Time Tenants’ Rights

The Bay Citizen ^ | April 30, 2011 | ELIZABETH LESLY STEVENS

[chris_bdba]

The Way the law is wrote here in Ohio once a tenant is in the rent can only increase 2% per year. Does not matter if your property taxes or insurance increases the rent can only go up 2% per year on the tenant that is already living there.

[AbolishCSEU]

I figured this out as a “landlord by default” in Rochester NY back in the early-mid nineties; when I couldn’t sell my home for what I owed on it due to the poor neighborhood. I simply had to get out of that school district for the sake of my children.

I rented out my “starter” home which happened to be located in the inner city.

WHOOO BOY!! TOTALLY militantly pro tenant. There are about four agencies alone that make sure the “pooooooooor tenant doesn’t get shafted.”

You’re lucky to get a tenant who ISN’T a felon. And then there’s always so much tenant caused damage after they leave to cause a 3 month vacancy alone. Never mind all the excuses when rent comes due.

Being a rental property owner is for the extremely well monied who are looking for a bottomless pit tax shelter; and the ability to hire property management staff who do most of the unpleasant work (evictions, repairs, rent collection)

I also walked away after a long period of unemployment where it was a choice between supporting the house I live in and my two children or supporting high maintenance welfare queen tenants.