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How many investment properties is too many?
#55
(10-12-2021, 05:46 AM)jim157 Wrote:
(01-12-2021, 03:09 PM)Oh_hunnihunni Wrote:



The owner will profit hugely. His tenant on the other hand is in real trouble.

We need a more even balance of power for tenants. For good tenants especially. After all, this one has paid his mortgage off...
so they just came along and paid the mortgage off did they? they nocked on the door and said here have this money in exchange for nothing
they lived somewhere for that time didnt they?
dont blame the ll the tenant didnt move on
seeing as they have lived there paying  cheap rent (for at least the first 20 years ) why dont they buy the house they must have saved enough
most ma n pa LLs have to top up the mortgage because the rent doesnt cover it
In that situation its blindingly obvious that both tenant & landlord benefited from it; the tenant by having a home to live in & the landlord by having a reliable tenant who paid off his mortgage.
I don't think its too difficult to understand that, after such a length of time, its likely to be extremely difficult for the tenant to find another suitable & affordable rental property.
in order to be old & wise, you must first be young & stupid. (I'm still working on that.)
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RE: How many investment properties is too many? - by Lilith7 - 10-12-2021, 01:10 PM

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