A landlord told me he solved his bad tenant problem by raising the rent. Are you allowed to do that where you live?Had varied results... mostly good under old program where Housing covered damage.
When Housing unilaterally stopped covering damage leaving owners holding $50 security deposits that was it.
It is illegal to refuse based on legal income source or criminal history except for sex offender... see Fair Chance Access to Housing law
Soon, it may be ilegal to sell without offering tenant first right if refusal under TOPA see tenant opportunity to purchase act which delays sale up to 325 days with price determined by city appraiser.
Vacant property assessed additional $6,000 Vacant Parcel Tax is already law.
Don't forget no gas powered weed whackers or blowers with total ban in the works.
Still have one legacy tenant that I never rented to but was placed by Housing... more effort than all other tenants combined.
Basically a tenant for life with the Just Cause Eviction and Disabled Senior laws...
Moral is own nothing with beds...
Not on my watch. I own them, I decide. If it came to that, I'd leave the vacant and write them off as a tax deferment. All intertwined with the farm anyway.It’s coming...
Always smart Idea to advertise on a open forum how your screwing the government .. One word "KARMA"Not on my watch. I own them, I decide. If it came to that, I'd leave the vacant and write them off as a tax deferment. All intertwined with the farm anyway.
Far as rent goes, I can set it wherever I want it to be. I usually rent my properties at what the projected maintenance cost plus the mortgage payment and RE taxes are, IOW, I want to just break even with no liability on my part.
If I exceed that parameter, I write off the difference as a farm related expense and it goes towards offsetting my tax liability, what I have a good accountant for. I have not owed the state or Federal government any tax liability in years. In fact, depending on farm conditions and new equipment purchases, I usually get a healthy refund.
All nice country estates with land, all brick ranches with ac and all appliances. Nice homes, I don't do slum housing. I'd live in any of them myself.