Posted on 05/01/2008 10:58:24 AM PDT by bstein80
My M-I-L just got the latest deadbeat out of of her modest rental property.
She was planning on it to provide a little supplemental income in her golden years. Repairs are over $15,000 and she is just about to have it repainted and ready for another renter.
I told her she should sell it before the Ds take over.
huh?
If they are renting, what are they mad about?
LOL
renting, another federal issue. Why not disband our state legislatures (start with Cal) and just let congress deal with everything. It’s headed that way.
It seems obvious. Some of them, at least, would have qualified for a sub-prime mortgage; but, they were too prudent. Those who took a flyer, and lost — are now being bailed out by the taxpayer. Taxpayers include renters.
Can angry homeowners who aren’t idiots with their financial decisions sign the thing, too?
I’m sure that no landlords are faced with foreclosure or increased mortgage costs that they would pass along to their renters.
Considering this will be a federal bailout, then it seems perfectly logical for us to lobby Congress to reject it.
You see, when my boss pays me, he gets to tell me what to do.
When I pay my landlord, they get to tell me what to do.
Like telling me that I get a rent increase every year. That the increase is "computer generated" and therefore non-negotiable. And that I have to pay for their garbage pickup service whether I use it or not. And I have to let them bugger up my cable with their add-on channel that bleeds over into the adjacent channels. And I get to pay extra for cable, through the rental office, for that luxury.
These are all "value add" items that have been implemented well after I initially moved in.
Yes, I can move. I can move to an even worse place. Or I can buy. Which I did.
That doesn't make how they treat tenants go down any better.
Ok, so that's why this renter was angry. I don't know why the folks at angryrenters.com is angry. I suspect it has to do with the fact that their tax money is being used to bail out home owners.
Brings to mind this movie. Good movie for anyone who is considering renting out a house or apartment.
You might infer from my post that anything you can get congress to reject would probably have my support.
I rented for many years, large one bedroom apartment, two blocks from the beach. The land lord was a peach of a guy, raised the rent three times in nine years, never by more then 5%, paid me to repaint, put in new carpet when I asked, utilities were included.
He owned about 10 large buildings in Long Beach, each one with about 20-30 units. He was going to tear down our building, we went to the city to protest, he backed off and left us alone. That building is still there, 20 years later.
As a landlord I can tell you...if the movie was about me..it would have only been about twenty minutes long.
*grin*
Side note:
The wife wont watch movies around me much any more...
at some point she has to hear:
“You know....if she had a gun this movie would be over right now”
*snicker*
It sure does.
I've rented in many places. Some were great. Some, not so much.
I rented a house in Marrero, LA when I was stationed at NAS New Orleans. Same kind of deal as yours. The landlord would pay for any materials I used to paint or make changes. When a burner on the stove went out he went to one of his unoccupied rentals, pulled the stove and had it installed the same afternoon.
I've lived in places that were nightmares too. When I rented an apartment in Arlington, TX, a neighbor got raped in the laundry room right next to the office. I came home to find a local druggie in my living room boxing up my stuff. Requests to the management to increase security were ridiculed. I moved.
The problem with renting is that any one of your or my stories can happen and you have little control over which you get. Even though you are paying.
Someone died in the last building where I lived and was not found for three days. I knew it when I walked into the building (wondering what the police and ambulances out front were all about.) It is a smell you cannot mistake. I had lived there two years and could not get a torn screen replaced in my bedroom — no, I could not have fixed it myself as the ground floor windows were barred and the window opened into an area that was fenced, gated and locked from the tenants —it was replaced after my cat finished ripping it loose and fled into the night, never to be seen again.
On the other side of that coin, a condo my sister and I had hired a toxic management company to run it and within six months everyone had lost their equity as nobody in his right mind would live there — our choices were to live there in abject terror or abandon the property and lose every dime we’d spent. I decided after that not to own any property. It’s easier to change direction when you can move out with only 30 days notice.
Carolyn
Carolyn
Why bother with congress when every presidential candidate has a plan for everything?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.