Yes he’s a nice guy

Yea the pool 🏊‍♂️

You are so welcome!💪

Actually a lot become landlords to build up an asset they can sell for retirement - this is where the value is for the small landlord. The actual rent usually goes to paying the mortgage and associated costs. So until they actually pay the mortgage out, they aren't better off.(they can loan more money...) The pay off is in 20-30 years time when they sell the asset for the capital gain. You would need to own quite a few properties to be able to live off the income alone.

Shit like this is kind of the reason why. Without proof you can continue to pay the rent, people would rent places with no intent to pay, and the eviction process is a headache and a half. Tenant's rights get abused, but our politicians refuse to do anything about it, so landlords find their own way to mitigate the risk.

Getting that way all over. In Australia some places ask to see bank statements or wage receipts plus automatic withdrawals from your bank. Doesn't matter what your history of renting is like.

30k for 6 months is 5k a month, not 9k

@@Schwaka actually 4500, but it was a typo i didn't catch, but still, nobody is going to pay 4500 a month for that size apartment....

Small time landlords have less buffer to absorb these kinds of loses - which is exactly why corporate entities buy up a lot of properties - they can spread the loss over all the properties.

@@andrewaustin9991 you are an animal

So if you moved in to a place, you would be happy with that stuff lying around? Apart from the time and effort to clean, in most places it costs money to get rid of trash. Let's not forget the back rent owed.

To clean for that.

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I think you forgot that the landlord pays for the repairs/maintenence of the place and this tennant just stiffed him for 6 months of that and left him a mess to clean. He has every right to whine about degenerates potentially bankrupting him

That's what the word means!

You are usually required to clean the property when you leave. Granted this is not the worst, it's still a lot to have to do so you can rent it out again.

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If all the landlords sold their properties how would they make any money? Especially because everyone could affordably own a home. They might have to get a real job instead of living off the backs of the working class. Thats not a wise investment.

being evicted there is a chance the tenant ended up homeless and not able to afford a storage unit to put their stuff in or a moving truck rental to get the stuff to the storage unit. there's also the chance that even if the tenant could afford storage and a truck, over months the payments on the storage unit and cost of the truck would be more expensive than just replacing the stuff left behind after they finally find another place to live...

Lots of charities and plenty of cheap/free microwaves and furniture etc to be had. If you have no where to go and no where to store your stuff, what do you do. It's not like not paying rent is a scam for most people.

It is a risk you take as a landlord in NY. We have a property management company that runs all the background checks to reduce risk as much as possible.

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@@orenmontgomery8250 go home old man

Some people hide the dirt. You really cant tell.

Our property management company ran all the background checks unfortunately sometimes it just doesn’t work out

why is it so hard to blame the loser who's behind in rent. If the tenant was in his right, he would not have been evicted

Our property management company ran all the background checks unfortunately sometimes it just doesn’t work out

Most evictions do take upwards of 6+ months, and that's considered extremely short in Long Island; You can't just go and physically remove them at gunpoint, even if you have all your documentation in place. Not only do you have to get set a court date at least 3 months in the future, you have to win the case when most courts are very tenant-favored. This takes additional time. Then after you win the court case, you get the document saying they can be evicted, you need to work with the local sheriff, marshalls, some enforcement agency to escort them out. This takes another 2 months easily depending on where you are because they are typically overbooked as there are a ton of bad tenants that are good hiding their shit.

What do you think would be a reasonable cleaning fee for the way they left that place? 6 months no rent, abandoned 90% of their property, attorney and court costs to evict, and you want to focus on a cleaning fee? A reasonable cleaning fee wouldn't even cover the disposal costs of what they left behind.

Hundred percent we tried to work with them for the first few months when money stopped coming in, and then we had to ask them to leave and move forward with the eviction which took six months

1:30

​@@BryanKarpLI you say they, but we ended up with one perfect room, was this a roommate situation where you only had a lease with one of them?

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There is a BIG difference in their motivations though - JoJo's doing it to try to SAVE her obnoxious, irrelevant career...he's doing it to BUILD a better life.

💯💯💯💯💯💯 best marketing, and business move I ever did

@@BryanKarpLI I wish you great success!

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Will do our best 😂💪

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I have two wrapped vehicles with my face on it one of them lives at my house one of them lives at my office I guess some neighborhood kids didn’t understand branding and marketing😂

Oh lol

I know you guys were all expecting something exciting I was actually relieved we didn’t have to discard of leftover garbage 🙌

@@BryanKarpLI yeah I bet you were. It was actually pretty clean.