Go To Mortgage 101

Return To Group Index

From: vze8f3tq@verizon.net (v)
Newsgroups: misc.consumers.house
Subject: Re: If you buy house with tenant?
Date: Mon, 11 Oct 2004 16:56:25 GMT

On 10 Oct 2004 11:26:16 GMT, someone wrote:


>Feb. came and the rent check was 1/2 what it was supposed to be. The reason:
>They had started deducting the security deposit. Same for March. They moved out
>at end of March.
>
There is often a disconnect between what somebody is "supposed to" do,
and what they actually do.  Especially in LL/Tenant relations!  The
tenant thinks, what are they gonaa do - by the time they get to court,
I'll be gone....

I used to be a landlord.  I choose not to be right now, though I might
again in the future.  To OP, don't be one unless you want to be, and
don't regard it as trivial because you think its "just" for a short
period.  What if its not?  What if they don't leave when they werew
supposed to?  What if, what if.

Especially don't do it merely for the mortgage payment amount!

-v.