From Hannity's America
Reality Bites...I raised their rents today...
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I own a 4 unit complex, where the rent is very affordable. I charge $500/mo for a one bedroom including utilities. I sent out a notice this morning that starting January 1st the rent would be increasing $100 per month.
All four of my tenants are O supporters....you should have heard em cry
that is not the CHANGE they had HOPE for!
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#4 November 5th, 2008, 3:02 pm
AF Wife
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LMAO serves them right!!! Ignorant souls, they have used up precious space on America soil at a discount rate long enough
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#5 November 5th, 2008, 3:02 pm
caseyjones
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they will probably report you to the police because raising rent on obamarx supporters is a racist hate crime.
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#6 November 5th, 2008, 3:02 pm
Mihael
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wow where do you live? 600 dollars with utilities is a good deal lol...
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#7 November 5th, 2008, 3:04 pm
wonderingrover
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That's one of the risks you take when you rent - the rent can change at any time. They should realize that.
But then, part of the problem we have in the housing market now is the people that took ARM's and then acted all suprised when the interest rates went up, increasing their payments.
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#8 November 5th, 2008, 3:04 pm
Camaro2010
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Quote:
Originally Posted by joeysgrandma63
I own a 4 unit complex, where the rent is very affordable. I charge $500/mo for a one bedroom including utilities. I sent out a notice this morning that starting January 1st the rent would be increasing $100 per month.
All four of my tenants are O supporters....you should have heard em cry
that's fine because I believe section 8 covers 100% of the rent. Thanks to the wealthy tax payers
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#9 November 5th, 2008, 3:05 pm
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Why are you raising your rent?
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#10 November 5th, 2008, 3:05 pm
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what is your reason for raising the rent, other than random speculation about your taxes. What "reality" are you referring to?
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So the OP discriminated on the basis of political affiliation? Class act.
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#12 November 5th, 2008, 3:06 pm
IndependentKev
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Well that's fair, that's part of what capitalism is about, if a 20% increase in price preemptively isn't better than what else is around, you probably should have been charging that already, but I'm going to assume that there are better deals around and hopefully they take them up or don't wine about it.
It's less reality and business, are you overreacting? Probably but hey if they don't like it they can move out.
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Last edited by IndependentKev; November 5th, 2008 at 3:09 pm.
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#13 November 5th, 2008, 3:06 pm
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Obama will be sending them the money for their rent anyway. Might as well raise it $300.
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#14 November 5th, 2008, 3:06 pm
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Well either they will find other places that did not raise the rates and then unless you did something to justify the rate increase would eventually loose money by loss of tenants. You do not seem to be following the free market principles that are supposed to be at the core of the republican agenda.
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#15 November 5th, 2008, 3:07 pm
joeysgrandma63
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Quote:
Originally Posted by mkh
Why are you raising your rent?
Why is he going to raise my taxes? Why is going to raise my electric bill?
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#16 November 5th, 2008, 3:07 pm
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Quote:
Originally Posted by Mihael
wow where do you live? 600 dollars with utilities is a good deal lol...
I know that's what I'm thinking! Can I move in? I'll fake being a Republican LOL
Though you really cannot base this on tax hikes. The move from $500 to $600 is a %20 hike. I know of no tax plan that raises taxes to this extreme.
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#17 November 5th, 2008, 3:07 pm
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Are these "tenants" employees of yours too?
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#18 November 5th, 2008, 3:07 pm
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Quote:
Originally Posted by murphy
what is your reason for raising the rent, other than random speculation about your taxes. What "reality" are you referring to?
What speculation? Obama made it quite clear ..... well fairly clear.........um, kinda clear? .......well anyway, if the OP makes more than $250K, or maybe $200K, or is it $150K today - her taxes are going to go up.
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#19 November 5th, 2008, 3:08 pm
mkh
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Quote:
Originally Posted by joeysgrandma63
Why is he going to raise my taxes? Why is going to raise my electric bill?
He's going to raise your electric bill?
Seriously, why are you raising the rent, just curious. I'm assuming that 1/1/09 is the start of a new lease agreement.
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#20 November 5th, 2008, 3:08 pm
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Quote:
Originally Posted by joeysgrandma63
I own a 4 unit complex, where the rent is very affordable. I charge $500/mo for a one bedroom including utilities. I sent out a notice this morning that starting January 1st the rent would be increasing $100 per month.
All four of my tenants are O supporters....you should have heard em cry
It's his property if he wishes to raise the rent he doesn't have to have a reason other than it is what he wants to do.
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#22 November 5th, 2008, 3:08 pm
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Quote:
Originally Posted by mkh
Why are you raising your rent?
Sooner or later everybody has to pay the piper, whether it's higher taxes paid by the landlord or higher rent by the renter.
It's call Obamanomics!
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#23 November 5th, 2008, 3:09 pm
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Quote:
Originally Posted by joeysgrandma63
Why is he going to raise my taxes? Why is going to raise my electric bill?
Your taxes are going up by 20%? Can you provide a link for this? Has Obama passed a tax bill already, even though he doesn't get sworn in until January?
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#24 November 5th, 2008, 3:10 pm
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Quote:
Originally Posted by joeysgrandma63
I own a 4 unit complex, where the rent is very affordable. I charge $500/mo for a one bedroom including utilities. I sent out a notice this morning that starting January 1st the rent would be increasing $100 per month.
All four of my tenants are O supporters....you should have heard em cry
So come Jan 1 you will have four empty units for rent
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#25 November 5th, 2008, 3:10 pm
joeysgrandma63
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Quote:
Originally Posted by Chuangtzu
So the OP discriminated on the basis of political affiliation? Class act.
I did not. They all had the same political affiliation, and if one happened to be a Republican, his rent would have went up too.
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#26 November 5th, 2008, 3:10 pm
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Joeysgrandma63...you have me laughing...and I think you are being too nice to these people. I rent an apartment and it is nearly 2000 a month for a 2 bedroom. so they are lucky you are so nice. Here is what I am doing now...when I go out to eat I cross out the line that says Tip, and write service was great, but I already paid Obama. send the coolaid drinkers a message that thier income is directly linked to politics. Dems bad for wallet, Conservatives good for wallet...
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#27 November 5th, 2008, 3:10 pm
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You do need to prepare against the financial crisis you will be experiencing, and raising the rent is more than likely the right thing to do.
As for your tenants, they'll have to deal with it or move on. I would never want to raise a tenant's rent for "payback", but if the economy really tanks or if your taxes are raised or if you must pay more for goods and services because of the policies of the Democrats (and the Democrat-inspired mortage crisis is a good example), then they have no one to blame but themselves, I suppose, if they want to find a scapegoat for an increase in their rent.
Of course, you'll be labeled as an evil Capitalist Republican vampire pig because of it, but tough crap. You must do what is reasonable without trying to purposefully create a financial burden on your tenants. Doing it out of spite would be wrong, to put it mildly.
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Last edited by Seedy; November 5th, 2008 at 3:13 pm.
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#28 November 5th, 2008, 3:11 pm
IndependentKev
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Quote:
Originally Posted by cbut1
It's his property if he wishes to raise the rent he doesn't have to have a reason other than it is what he wants to do.
Correct, it just makes him a slightly worse human being.
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#29 November 5th, 2008, 3:11 pm
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Good lord, you'd think the election of Obama was a blank stamp for Conservatives to start acting stupid.
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#30 November 5th, 2008, 3:11 pm
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If they can't find a better deal... then they'll pay it, and good for you.
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