Levi
12.4K posts


@GenZMultifamily If I get a month's notice, no extra month.
My favorite thing to do as a landlord is giving back the deposit, because that means there was no damages and I can turn it quickly.
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@mloeuvlit Nice. Return security deposit and no extra rent payment?
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How do you guys handle a tenant who wants to break a lease?
I know life happens and making someone pay out an 18 month lease is harsh and unlikely.
Usually, I will allow the tenant to break it and only have them pay the next month of rent to find a new tenant.
Is that reasonable or am I being too nice?
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@jonbrooks Nah, the problem is people don't want to upgrade to a bigger house because they have low interest rates and are sitting on a ton of equity, and they think this bubble is going to burst, spoiler, it won't.
First time buyers are still buying and starter homes are still selling.
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@ChrandLord @theficouple You said two opposite things.
You are literally arguing against yourself 🤣
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@mloeuvlit @theficouple The guy with no assets is arguing with me about what assets are.
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@ChrandLord @theficouple If you are going to put shitty takes on Twitter, you gotta know people are going to to call them out 🤣
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@esjesjesj This post is exactly how democrats work, they stuff every bill with a bunch of unnecessary pork at the taxpayers expensive, and then blame Republicans when it doesn't pass.
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They put forth bills to pay TSA 9 times and the republicans voted against them
Big Fish@BigFish3000
AOC and Bernie Sanders will not pay TSA agents but fly first class on tax payers dollars. Agents make around 45,000 a year.
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@ChrandLord @theficouple You completely contradicted yourself.
Your words, not mine.
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@mloeuvlit @theficouple Are you a retard that likes arguing or something?
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@ChrandLord @theficouple x.com/i/status/20378…
You said if it doesn't put money in your pocket, it's not an asset.
So which is it?
Chrandlord@ChrandLord
@theficouple Asset = money in pocket each month. Liability = taking money out of pocket each month. Mortgage is liability.
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@mloeuvlit @theficouple Real estate, business, precious metals, and commodities are real assets. Everything else is speculation and gambling.
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@ChrandLord @theficouple Stocks and gold are both worth the price you sell them at on the day you sell them.
They are both assets.
The same is true for real estate.
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@mloeuvlit @theficouple Gold is fine. Stocks are manipulated by central banks, Wall Street, and the government
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@ChrandLord @theficouple So according to you, owning a stock that doesn't pay a dividend is not an asset?
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@mloeuvlit @theficouple No, you are wrong.
Asset is something that puts money in your pocket. You don’t understand.
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@jonbrooks Larger homes are sitting because there is no incentive to upgrade your house.
However...
Starter homes are moving.
First time home buyers are entering the market every day, and they don't know any different, to them this is just what homes cost.
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@ChrandLord @theficouple You got the liability definition correct but not the asset.
Asset=something of value that you own.
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@theficouple Asset = money in pocket each month.
Liability = taking money out of pocket each month.
Mortgage is liability.
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@sweatystartup Like every government, HOA starts as a good idea, but you soon realize giving people power over others never works out well.
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@isaac_saas Had a couple recently that got all the way to me writing the lease before they told me "oh btw we have 2 large ESA dogs"
I had just put new carpet in the unit.
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We listed our old house for rent 3 days ago. This morning I got my first ever call from a potential tenant. My very first one. I wish I was joking.
"Hi, I have a couple questions about your listing."
"Ok, fire away..."
"I have an ongoing medical malpractice case and was wondering if it was okay if I pay the whole year up front because I'm not working."
"Umm.. yeah, I think that would be ok? I don't see why not... I'm guessing that's why you're not working? If it's confidential, that's fine, just curious..."
"Yeah, that's why... it has to do with my foot and I can't work."
"Ok, what other questions do you have?"
"Do you have any dog restrictions? We have a 10 year old pitbull... she's my childhood dog... she's so sweet... never had any issues with her."
"Ummm... I think the HOA has restrictions on that breed." (Idk if they do, I just made that up)
"Ok, just let me know. Next question. I do have a felony on my record for vehicular manslaughter. The person survived and ended up with only a broken collarbone... and umm... my dad would be living with me, he's my caregiver, he also has a felony on his record but he already did his time. It was his first felony and will be his last felonly."
"Umm..."
"Yeah... I know it's a lot going on but I don't have any evictions or anything... but I did break a lease when I was 18 because I'm a single mom and well, um... some things we're going on and I was just in mommy mode... but I'm about to pay all that off once I get this medical malpractice money."
"Umm... we have a few other applications we're going to review and I'll get back to you."
I think I'm going to sell the house.
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@SteveOnSpeed Build starter homes again.
Hint....1500sqft with vaulted ceilings is not a starter house.
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@mloeuvlit Meh. I don't want it old. Just though 6yrs being new was funny.
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@steveonomics @BullyEsq Nope, I have a child. And because I'm generous I have no problem helping my child out.
My child understands that they are not entitled to anything they didn't earn
My parents taught me the same thing, I'm successful and hope my parents enjoy the money they earned in retirement
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