deletedeletedeletedelete

diggingdude

Rich enough to own two properties but not rich enough to hire a book about how to be a landlord.......

45002

lanren77 wrote:

Thank you for all of your advice, really appreciate it!

I rent in the past, always been a good tenant, hard for me to image those disgraceful people. I play by the book, see what I have got myself into?

for those asked why become a landlord? what can i say? i'm rich enough to be able to afford at least 2 properties? so bite me!

It is sick that people here mocking me for my lack of experience and treat disgusting behaviour of tenant normal and expected.

Lets hope that applies to you getting lawfully possession of your property



https://www.landlordaction.co.uk/information/section-21-section-8-deciding-eviction-action-take/



https://forums.moneysavingexpert.com/showpost.php?p=76172504&postcount=10






...

grumiofoundation

lanren77 wrote: »

Thank you for all of your advice, really appreciate it!

I rent in the past, always been a good tenant, hard for me to image those disgraceful people. I play by the book, see what I have got myself into?

for those asked why become a landlord? what can i say? i'm rich enough to be able to afford at least 2 properties? so bite me!

It is sick that people here mocking me for my lack of experience and treat disgusting behaviour of tenant normal and expected.

I don’t think people are actually mocking you but I think when your posts indicate you would be willing to break the law you aren’t going to get anyone onside.

I’m sorry but the fact you have little experience isn’t a defence. You went into running a business. The fact you didn’t bother to properly research how ending a tenancy works from your side is no ones fault but your own.

P. S. I would predict this most recent post will have lost the last shreds of sympathy anyone had for you.

AdrianC

lanren77 wrote: »

I am a private landlord, not a real business yet

Wrong. A private landlord IS a real business. You are in the residential property letting business. Your tenant is your customer. Your property is your product.

AdrianC

lanren77 wrote: »

1. the reference check comes back saying the tenant has been employed by a company as a manager for over 5 years with annual salary of £5xk. it turns out he is a junkie.

Woah, hold on! All you know is that somebody's suggesting he smokes a bit of dope in his home... Even if that's true, it's not exactly incompatible with having a decent job.

2. at this point, i hope there are some insurance can cover the possible damaged to the fixtures and fittings of the property as said I believe the tenant will do that.

3. the items are all listed in the inventory, but have a tenant like that I doubt he will take good care of them

It's what the deposit's for. If the deposit's not enough, then you can claim any damage on top.

Smodlet

lanren77 wrote: »

very Labour of you

Very inarticulate of you.

diggingdude

I'm an accidental landlord innit guv.....

So far nothing has happened which any landlord might not expect in planning their business. It is never a tenants responsibility, regardless whether they pay their rent or not, to ensure you don't end up selling your property at a loss. When a tenant pays there rent, they are paying for the right to live in a property. whether that covers your mortgage/loss of equity is your problem not there's. Non paying tenants are a very likely scenario in the landlord and tenant game

Comms69

lanren77 wrote: »

Thank you for all of your advice, really appreciate it!

I rent in the past, always been a good tenant, hard for me to image those disgraceful people. I play by the book, see what I have got myself into?

for those asked why become a landlord? what can i say? i'm rich enough to be able to afford at least 2 properties? so bite me!

It is sick that people here mocking me for my lack of experience and treat disgusting behaviour of tenant normal and expected.

https://forums.moneysavingexpert.com/discussion/5209440

Rich enough... using HTB.

missile

Seems like lanren77 doesn't pay his bills either

The problem is I have bad credit. I have three defaults, two satisfied and 1 in dispute. The total amount of the three is 800 pounds. My wife has a perfect credit score. Do we have a chance to get the mortgage?

grumiofoundation

lanren77 wrote: »

1. the reference check comes back saying the tenant has been employed by a company as a manager for over 5 years with annual salary of £5xk. it turns out he is a junkie. So i have every reason to believe he made false representation in the referencing. I am investigating this now.

If he made "false representation" that is your issue if you didn't do proper checks.

Does seem like a case of pot, kettle going on here...

Lanren77 from 2015: "hopefully they haven't registered my defaults on experian and equifax reports and I can get away with it."