Comments for Todays Rental News http://todaysrentalnews.com in a few hand selected articles each day Sat, 06 Mar 2010 22:57:31 +0000 http://wordpress.org/?v=2.9.2 hourly 1 Comment on HUD studies gay discrimination by Tim Ballering http://todaysrentalnews.com/2010/03/06/hud-studies-gay-discrimination/comment-page-1/#comment-260 Tim Ballering Sat, 06 Mar 2010 22:57:31 +0000 http://todaysrentalnews.com/?p=2273#comment-260 Irrespective of the legal issues of discrimination, it is simply bad business practice to deny applicants for reasons that have no impact on their ability to be a successful tenant. You want full units, you make more money with full units. If a prospective tenant has poor payment histories, evictions, violent criminal behavior, drug or gang convictions, or have damaged properties in the past by all means reject them. People who haven't paid their last landlord won't pay you. People who engage in criminal actives will drive away the good tenants, annoy the heck out of the neighbors, and ultimately cost you more than they pay you. For an overview of why you need to be careful with documenting your reasons for rejecting an applicant to defend against unfounded Fair Housing complaints see: http://bit.ly/14hMkg Irrespective of the legal issues of discrimination, it is simply bad business practice to deny applicants for reasons that have no impact on their ability to be a successful tenant. You want full units, you make more money with full units.

If a prospective tenant has poor payment histories, evictions, violent criminal behavior, drug or gang convictions, or have damaged properties in the past by all means reject them. People who haven’t paid their last landlord won’t pay you. People who engage in criminal actives will drive away the good tenants, annoy the heck out of the neighbors, and ultimately cost you more than they pay you.

For an overview of why you need to be careful with documenting your reasons for rejecting an applicant to defend against unfounded Fair Housing complaints see: http://bit.ly/14hMkg

]]> Comment on Quote of the Day by clay barham http://todaysrentalnews.com/2010/02/24/quote-of-the-day-132/comment-page-1/#comment-247 clay barham Wed, 24 Feb 2010 18:10:40 +0000 http://todaysrentalnews.com/#comment-247 Ayn Rand said in one of her books, "Contradictions do not exist. Whenever you think you are facing a contradiction, check your premises. You will find that one of them is wrong." OK, here's a premise, a contradiction, stated by Obama. The interests of the community are more important than are the interests of the individual. To reject the premise is to say that the community has no brain or heart in which to define its interests, so community cannot be more important because the leader who defines interests is an individual. So, the result is, the elite individual who defines those interests is an authoritarian, and that is contrary to American tradition. claysamerica.com Ayn Rand said in one of her books, “Contradictions do not exist. Whenever you think you are facing a contradiction, check your premises. You will find that one of them is wrong.” OK, here’s a premise, a contradiction, stated by Obama. The interests of the community are more important than are the interests of the individual. To reject the premise is to say that the community has no brain or heart in which to define its interests, so community cannot be more important because the leader who defines interests is an individual. So, the result is, the elite individual who defines those interests is an authoritarian, and that is contrary to American tradition. claysamerica.com

]]> Comment on Man bulldozed home before foreclosure by Lisa http://todaysrentalnews.com/2010/02/22/man-bulldozed-home-before-foreclosure/comment-page-1/#comment-245 Lisa Tue, 23 Feb 2010 19:10:04 +0000 http://todaysrentalnews.com/?p=2096#comment-245 Awesome! These banks are not dealing with the current economic situation people are facing. They are most likely not going to get the money the guy owed, so why not work with him and allow him to stay there and work out a revised payment plan, even if it is short term. Now they may have the land, but not the house. He still owes, has nothing more to lose, and they now have a piece of property that they dont want. Who is the smarter person here? Awesome! These banks are not dealing with the current economic situation people are facing. They are most likely not going to get the money the guy owed, so why not work with him and allow him to stay there and work out a revised payment plan, even if it is short term. Now they may have the land, but not the house. He still owes, has nothing more to lose, and they now have a piece of property that they dont want.

Who is the smarter person here?

]]> Comment on The Law of Unintended Consequences… by ppy http://todaysrentalnews.com/2010/02/20/the-law-of-unintended-consequences/comment-page-1/#comment-198 ppy Sun, 21 Feb 2010 08:31:19 +0000 http://todaysrentalnews.com/?p=2085#comment-198 "OneWest bank profit: $1.6 billion As IndyMac, it sold last year for less than that. Investors win, but the FDIC could still lose nearly $11 billion on bad loans that the Pasadena institution made before its sale." http://articles.latimes.com/2010/feb/20/business/la-fi-onewest20-2010feb20?pg=2 *imho* “OneWest bank profit: $1.6 billion
As IndyMac, it sold last year for less than that. Investors win, but the FDIC could still lose nearly $11 billion on bad loans that the Pasadena institution made before its sale.”
http://articles.latimes.com/2010/feb/20/business/la-fi-onewest20-2010feb20?pg=2

*imho*

]]> Comment on Mortgage bankers sells D.C. offices at a Loss by Tweets that mention Mortgage bankers sells D.C. offices at a Loss -- Topsy.com http://todaysrentalnews.com/2010/02/08/mortgage-bankers-sells-d-c-offices-at-a-loss/comment-page-1/#comment-194 Tweets that mention Mortgage bankers sells D.C. offices at a Loss -- Topsy.com Tue, 09 Feb 2010 20:16:10 +0000 http://todaysrentalnews.com/?p=1949#comment-194 [...] This post was mentioned on Twitter by investigate-anyone, tim Ballering. tim Ballering said: Mortgage bankers sells D.C. offices at a Loss #landlording #realestateinvesting http://bit.ly/cxiWiU [...] [...] This post was mentioned on Twitter by investigate-anyone, tim Ballering. tim Ballering said: Mortgage bankers sells D.C. offices at a Loss #landlording #realestateinvesting http://bit.ly/cxiWiU [...]

]]> Comment on What Will the Housing Market Bring For 2010? by Jeff Green http://todaysrentalnews.com/2010/01/04/what-will-the-housing-market-bring-for-2010/comment-page-1/#comment-147 Jeff Green Thu, 21 Jan 2010 08:27:05 +0000 http://todaysrentalnews.com/?p=1286#comment-147 What could be more interesting than the real status of the housing market after the removal of federal support. Let's wait and see. Let's never stop hoping for some positive results. What could be more interesting than the real status of the housing market after the removal of federal support. Let’s wait and see. Let’s never stop hoping for some positive results.

]]> Comment on Landlords can ban tenants’ guns by admin http://todaysrentalnews.com/2009/11/05/tn-ag-landlords-can-ban-tenants-guns/comment-page-1/#comment-28 admin Fri, 06 Nov 2009 22:15:46 +0000 http://todaysrentalnews.com/?p=453#comment-28 This is something to consider. Cops come and there is a problem but there is no arrest. However they do recover guns. With this as a lease provision you would have grounds to evict based on the police report. I know the whole second amendment thing. But this is private and not government. Perhaps we could ask JB Van Hollen his opinion? This is something to consider. Cops come and there is a problem but there is no arrest. However they do recover guns.

With this as a lease provision you would have grounds to evict based on the police report.

I know the whole second amendment thing. But this is private and not government.

Perhaps we could ask JB Van Hollen his opinion?

]]> Comment on Top 3 Real Estate Mortgage Scams by Dave Dugdale http://todaysrentalnews.com/2009/11/03/top-3-real-estate-mortgage-scams/comment-page-1/#comment-26 Dave Dugdale Thu, 05 Nov 2009 14:44:13 +0000 http://todaysrentalnews.com/?p=482#comment-26 If you are interested I have a good video on the top ways rental scams are run. http://www.rentvine.com/tools/rentalscamquiz/ If you are interested I have a good video on the top ways rental scams are run.
http://www.rentvine.com/tools/rentalscamquiz/

]]> Comment on WI sues “Foreclosure Rescue” Company by admin http://todaysrentalnews.com/2009/10/19/wi-sues-foreclosure-rescue-company/comment-page-1/#comment-8 admin Mon, 19 Oct 2009 18:37:13 +0000 http://todaysrentalnews.com/?p=158#comment-8 There are nearly endless legitimate means of acquiring property and making money in real estate. It is a shame to see criminals preying on those at the bottom of their fortune. The resulting laws from all of this also make it harder for legitimate buyers to work with foreclosures until after the bank owns them. There are nearly endless legitimate means of acquiring property and making money in real estate.

It is a shame to see criminals preying on those at the bottom of their fortune.

The resulting laws from all of this also make it harder for legitimate buyers to work with foreclosures until after the bank owns them.

]]> Comment on Can a landlord take a tenant’s personal property for unpaid rent? by admin http://todaysrentalnews.com/2009/10/15/can-a-landlord-take-a-tenants-personal-property-for-unpaid-rent/comment-page-1/#comment-6 admin Sun, 18 Oct 2009 03:48:44 +0000 http://todaysrentalnews.com/?p=65#comment-6 In WI ATCP 134.09(4)(a) No landlord may seize or hold a tenant's personal property, or prevent the tenant from taking possession of the tenant's personal property, except as authorized under s. 704.05 (5), Stats., or a written lien agreement between the landlord and tenant. In WI ATCP 134.09(4)(a) No landlord may seize or hold a tenant’s personal property, or prevent the tenant from taking possession of the tenant’s personal property, except as authorized under s. 704.05 (5), Stats., or a written lien agreement between the landlord and tenant.

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