Thursday, February 28, 2008

Where to start


So I've decided to let you into my head.

I suggest you run now.

Still here?

Don't say I didn't warn you.

To start things off, how about I tell you somethings about me. I am married and have two daughters. One is six and the other is four. They are very strange little girls. That is probably the thing I love most about them. I live in a four family apartment building that I own and I am very low on cash.

To everyone who thinks buying a multi-family home and cashing in on charging rent to people who haven't figured out that they are basically throwing away their money, I have one thing to say to you.

DUMB IDEA

Believe me, it is more trouble than it is worth. There is a reason that they don't own where they live. 95% of renters I know are stupid, lazy slobs.

Kind of harsh?

NO

I am being generous.

I have had to evict three different tenants in the last year. Paying the rent does not seem to be a priority to them.

Renter1: Gee honey, I saw a brand new computer today at Walmart. Should we get it?

Renter2: But dear, shouldn't we pay our rent?

Renter1: Why do that?

Renter2: OK

{First of the month comes}

Me: Do you have the rent?

Renter1: I'm so sorry but I just don't have it yet.

Me: What? This is the 3rd month in a row you are late. What is going on?

Renter1: Well, as you know, I do plastering for a living and work has been slow. I promise to have the money for you by next week.

Me: Is that a new computer you have there?

Renter1:{without the slightest hint of guilt in his voice} Yeah, isn't it great. Got it for a great price.



Well I can tell you that I am not writing this from jail, so I did not give in to the overwhelming impulse to rip his head off and shove it up his rear entrance.

What is wrong with people? Do they not realize that it is a good idea to have somewhere to live? Personally, I think they have discovered a secret to not having to pay to live somewhere. All the plan requires is that you have no morals whatsoever. Here is how I see it.

  1. Get an apartment.
  2. Do not pay rent.
  3. When they try to collect the rent from you, go to the Housing Authority and claim you need help paying the rent.
  4. The idiots at the Housing Authority believe you and write you out a check.
  5. Take check and buy new TV
  6. Still do not pay rent.
  7. When they try again to collect rent from you, tell Child Services that you have children living with you and you need more time.
  8. Still do not pay the rent.
  9. The landlord is forced to pay a lawyer to have you evicted. You on the other hand, get one for free. (You, after all, are more deserving)
  10. You go to your court date and tell the judge you have children living with you. The judge, of course, says "Oh, in that case you have one more month before you need to be out"
  11. Wait till the end of the month.
  12. Of course, you don't leave!
  13. The landlord is forced to have a constable go there for $75 to push the issue and that gives them 3 more days.
  14. You still do not leave.
  15. That's when things can get costly. (Not for you silly! For the person who you own money to.)
  16. The landlord then has to hire a moving company and a constable and a storage unit for the tenant's belongings. Starting cost is $750 and goes up as time goes on.
  17. You start looking for a new apartment.
  18. Restart plan.

And there you have it. Free rent for a good 3 or 4 months.

Where does that leave the landlord? With the shaft.