Tent thread

RAS

Wee_Willy_Harris wrote: »

. You know she runs a charidee don't you?

Charidee begins at home?

RAS

mynameisdave wrote: »

I think I have worked out how she has calculated the £4,00 in rent - popped into my head just now.

June, no rent received £1,235 owed. Not received 66 days later so £990 penalty for late payment
July, no not recived £1,235 added to bill. Not recived 36 days later so another £540 added for late payment
August no rent received ~£250 added to bill. Not received for 6 days so ANOTHER £90 added for late payment.

£4,340 - 'over' £4,000. I believe she may have been charging £15 a day for EACH rent payment missed, rather than a total £15 for being in arrears.

flaming heck.

Rack(man)ing them up

john539

poppy10 wrote: »

Also - just a quick reminder

ITV1 7.30pm today (Thu 26th)
Tonight: Nightmare Tenants

On now.
........

poppy10_2

john539 wrote: »

On now.
........

Blood pressure is rising already :mad:

dopester

That EA woman found out renting out property comes with a lot of risks.

Couldn't sell her flat (for what she wanted for it) so rented it out - whilst she bought or rented a bigger place. Tenant didn't meet rental repayments.

Basic education education education - if you over-extend you own position, putting claims on too many resources... if there is a change of circumstance... it can bring it all down. Just like the EA woman who was forced to go bankrupt.

dopester

Steve and Maxine with their 5 BTLs. "Their future."

One nightmare tenant they should have allowed into their business plan. Part of the risks, and risks which can be mitigated but never fully avoided.

Wee_Willy_Harris

Shocking. People experiencing a risk with an investment. What next? The price of shares going down as well as up?

dopester

What a rubbish show. I recorded it but there wasn't even any clips worth pulling out to put on YouTube.

Just some landlords (this doesn't apply to all landlords who accept the risks) who don't like it when their business plans doesn't always fully go smoothly.. having to incur a void, burst pipe and having to claim on insurance, not putting deposit in an accredited schmeme and getting fined for it, having to lower the rent in order to get a tenant... or a tenant who gets into arrears.

Summed up by the attitude of one landlord who was £8K out of pocket "in total" after a murder occured in one his flats. Having to briefly rehouse other tenants elsewhere and keep paying the mortgage on the small block of flats.

Landlords are overlooked; they don't count, because then they're private sector probably. So when this is all going on, the forgotten victim is certainly the landlord.

It's one of the risks. You're in business. Just like there are many risks for other businesses... not getting paid, delayed payment, client in administration or goes bankrupt.

Jonathan Maitland (at the end of the show).

Just to get things in perspective be you a landlord or a tenant, we should point out that at the end that these battles occur only rarely. Which is just as well. Because if the current trend continues, by the end of this decade a fifth of all UK families will be living in private rented homes.

SouthCoast

business plans doesn't always fully go smoothly

They had a business plan and cashflow forecasts?

:rotfl:

mynameisdave

poppy10 wrote: »

Blood pressure is rising already :mad:

I know how you feel... although I was watching my beloved reds labour in Turkey :rotfl:

I might have a gander on ITV plaer but I know it will anger me.