I love how minimum wage increases have to be phased in to not "burden employers," but rents are allowed to double or triple overnight with zero regard for the burden on tenants.
Landlord want to move back to the house what is wrong with that? If he cant afford it he can find a new place. There are no law that said landlord cant raise rent to 8k.
@@um8440 you’re so out of touch. If this is happening all over the nation, where the hell do you expect people to go? This is why people resort to living in their cars, assuming they have one.
The issue is that either the renter or the owner (landlord) must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people-at least in California, where I currently reside-are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!
It’s getting wild by the day. The prices of homes are quite ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%). Sometimes i wonder if to just invest my spare cash into the stock market and wait for a housing crash or just go ahead to buy a home anyways.
I get such worries too. I'm 50 and retiring early. Already worried of the future and where its headed, especially in terms of finances and how to get by. I'm also considering making my first investment in the stock market, but how can I do so given that the market has been in a mess for the majority of the year?
For you to grow your portfolio in today's market, you really need to be coachable and willing to get off your high horses. I for example, have managed to grow mine from $150k to 300% of my initial deposit within the past 13 months just by copying trades from a broker that has better skillset and technical know-how than me.
@@williamDonaldson432 I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
The decision on when to pick an Adviser is a very personal one. I take guidance from Annette Marie Holt to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
This is BS.... I am a landlord with two rental houses in Las Vegas. I Have NOT raised the rent on my tenants thru the pandemic. Tenants take care of my investment by taking good care of my properties. That is awful during trying times for landlords to take advantage of people just trying to survive. I know I not the norm but that's just how I see things. Landlord's quit being so greedy. Stay Safe Everyone ❤
🛑STOP🛑 lying ...you like the rest of these greedy Las Vegas landlords have raised the tenants rent, that's why there's so many homeless here in Las Vegas
@stormie you are awesome. Im lucky our new landlords only went up $50. Not sure if its cuz they know we are good tenants (the mgmt company said we were one of the few that still pd our rent every month) or if they are just good people. Either way we are blessed to landlords like this. To those that talk about how bums had two years rent free…i was a case mgr and on one hand i agree with you but on the other hand i do not. Yes those that could save and pay should but on the other hand mgmt companies wont except partial and then what. I have had families struggling because they were out of work or one job wasnt enough and looking for another. Its bad to make judgement on situations you know nothing about. Everyone is not the same. Its not wrong to raise the rent just be human and have a heart. Cuz in the end not one person nor family will be able to pay the rents out here and multiple families will live in one unit which is a higher chance of your property being tore up.
This happened with the 2004 housing boom - home prices were greatly inflated, meaning people couldn't sell later because they owed more on the house than they could sell for. I know quite a few people who bought then, thinking they were making a good investment to sell later, but it's taken until the COVID housing boom for the prices to come back to those original amounts.
To balance out your real estate holdings, I suggest investing in equities. If you're cautious, even the worst recessions can present fantastic buying opportunities. Additionally, volatility can produce fantastic short-term purchase and sell opportunities. This is not financial advise, but you should buy immediately away because money isn't king right now!
@@LionTowercoporation Would you mind providing details on the advisor who helped you? saving for a pension through a corporate program since the age of 18. I hit greater tax along the road, so I increased my company pension with a SIPP (tax benefits). I'm now 50 and would love to expand my finances more aggressively; there are a few automobiles I still want to drive and a few mega-vacations that I still want to take.
@@LionTowercoporation Thank you. I will search on her site online and do my due diligence. If She seem proficient. I write her an email and scheduled a phone call.
all through the eighties it was ALSO like that: most of my fellow employees were under water. the good thing was that jobs weren't disappearing, being contracted out, or other changes families had to REACT to to survive. eventually they caufght up as it was less to keep payinig the mortgage and not losing your credit rating. And THAT was in Canada.
Crash was in 2007-8 2004 was a good year to buy. Rent went up since then. Those that held their mortgage have paid 17 years of the 30 years. Housing prices rebounded by 2015. Your way off. I was homeless in 2007. 5 houses by 2016
This is perfect example why people are opting to convert cargo trailers and vans to sleep in or truck campers and other vehicles. No way in hell would I pay $4000 rent for someone else property. He might as well go build a tiny house to live in.
no the dif between being a shitty landlord and a good one. im a landlord myself and ive never raised the rent more then 100 bucks at the end of the lease and the only reason i raised it was to cover tax/insurance increase.
In 2018 our rent was $1,750. We've been here all these years. The owner is heaven sent, he just this month up the rent to $1,905. And it's still extremely cheap where we move for a 3 bedroom house. Homes here are going for $2,500. We live in California. He has been an amazing landlord, we are very grateful for him.
What about the 2 years of not collecting rent ? We’re there renters who didn’t pay rent also less then human ? Could have affected the owners just as much if not more then raising rent.
@@jmpayne333 If the renter had the money and didn't pay, yes they're less than human. But if they lost they're job, they're not. Couldn't renter's get money to cover unpaid rent? We were extremely fortunate to have jobs during the whole pandemic. Not one payment missed since we moved in, in 2018. Maybe that's why he didn't up it. But some people post everything as income. That doesn't make then less than human.
I wish they would also talk about corporations like Zillow buying up the houses, outbiding ordinary people who just want homes for their families, then hiking up the price to exorbitant amounts. They should also talk about hedge funds going into the landlord buildings, hiking up rents and evicting people.
Hud just as bad. Kern county I paid four hundred fifty dollars a month for two bedroom two bath very large yard, love it till owner sold it, still keen county has some places cheap, as long as you drive, one store in town, bus once a week.
All this property are under Chinese investors control and obviously don't care anything about eeuu citizens comfort obviously little by little destroying EEUU real estate bussines inflating houses prices
Talk about HUD and Blackwater giving the MONEY to these outfits using YOUR tax dollars. HUD granted several hundred million to ONE connected Trump guy and he b ought al lthrough the Mormon corridor for chump change with 0 percent money: YOUR money.
So this is because the elderly owner needs the house back because she needs to move in to it. Why didn't she just hand him a 30 or 60 day notice to terminate his tenancy? Problem solved.
That's what I was thinking. If she needs the house back, don't even offer to rent it at all. You can just simply give them plenty of notice to find something else, and then she has her house back.
Idk about Vegas, but in some cities, landlords are required to pay renters many thousands of dollars when they want to move back into their own property. It's like getting a divorce, the landlord has to "buy out" the tenants. Maybe this owner is trying to avoid that kind of a situation, by just "encouraging" tenants to "decide" to move elsewhere.
Because the tenant didn't want to move and in a lease agreement not a month to month tenancy you can't just give notice. The rent raise was made unreasonable just to get them out. It's a logistical move they didn't actually expect to recieve that amount. It's just easier to get them out by raising the rent to an untenable amount
I've been renting the house I live in here in San Jose California from 2010 to 2013 when the landlord who owned the house was about to go bankrupt had to liquidate the properties they owned. The landlord who was a very nice person told me that the house would be put up for sale 3 months ahead of their bankruptcy proceedings. They asked me if I were interested in buying the house outright and I pulled the trigger and said yes but the greedy realtors wanted to list it to get more money. I ended up winning and getting the house. The house prices at the time were really started to go up in California but the help of my former landlord and the military CalVet loan, I was able to get it at a price close to my budget.
This is simply to get the rid of the tenant. I know landlords kinda got screwed with the pandemic, but still, that's no reason to increase the rent by that much.
I agree, they just want their property back, so just find some where else to move to. Instead of going up like that, just say I want my house back, I'm no longer renting.
There is no good reason for rents to increase by 100% except for a system that allows homes to be bought up by investors and weak housing laws. How can you justify an elderly couple's rent increasing by 2,000 in a year. This is morally reprehensible.
Eviction moratoriums. Landlords are going to make up their loses, and build larger reserves in case of future moratoriums. The housing market is way up, so that means landlords can get the high rent. It’s merely a business for landlords, not a charity. Someone that is not a true investor doesn’t think like this, but it is all business to the landlord. People are free to move if they can’t deal with the increase. This is one of many reasons that buying is sooooo much better than renting. When you buy on a fixed rate, no one is raising your rent. Sure, their might be property tax increases, but you’ll pay them as a renter as well, as that property tax cost is built into the rent. And any improvement that the landlord does to the rental is a 100% write-off on his/her taxes.
People were saying this would happen during the moratoriums. Mom and pop landlords are considered “naturally occurring affordable housing” the moratoriums pushed “mom and pops” out of business. Corporate landlords came in and run like a business instead of “mom and pops” which are nice people renting out their starter home or something. This is basically the consequences of the moratoriums and tons of people warned about it because the “mom and pops” could not withstand years without pay, but corporate landlords easily could. This is basically a reap what you sow and totally foreseeable.
@@laraantipova389: the moratorium was to prevent evictions. Millions of renters DID NOT stop making payments and in normal times, there is always a percentage of bad tenants.
@@eattherich9215 you are correct that is not the only reason. It is part of the reason because lots of people were not paying and that forced lots of “mom and pop’s” out of business. It is undeniable that this was at least part of the reason for skyrocketing rents.
I don't believe for one second that the landlord wants to move back into her home. The property manager states the renter can stay as long as he pays the rent, which proves that this is about increasing the rent. Greed.
Yea, i guessing they are just copying everyone else to raise it so high as if the place is so big. because u add expense of water, trash and whatever else it just cost more for the place .
In my opinion, this is one reason why people live in their vans, live with family or a friend or live in a tiny house because the rents are outrageous and people can't afford to pay apartment rents!! Everything is going up, food prices and medications. Smh, I feel more sorry for the seniors and disabled people who are living on a fixed income and can't afford the high apartment rents.
This practice is pretty well known in real estate. Landlords do this to make the tenant move out so he/she can sell the property. Prob trying to cash in before the market crashes.
@Bryan Smith Yes, but if you have a lease agreement, then you can't raise the rent until the contract is up. Once it's up, you can simply choose not to renew.
@Bryan Smith just like the landlord is trying to force the tenant to do they can find another place to live until his lease is up. And no you don’t get to change the rent price mid lease agreement just because you want to move back in. I hope he sues the landlord and wins. And the landlord looses all their money and looses their house. Then they’ll know what it’s like to treated like shit and price gouged. Being old and disabled doesn’t give anyone the right to be a complete asshole slumlord to people just because.
My grandfather always warned me about how lousy landlords were going to turn people into bears. He had an apartment complex he built out over a thirty year timespan. Was always reasonable with his rents and treated his tenants with care. Never had any real issues and always had full occupancy.
Exactly; it goes both ways. Tenants need to respect their landlord and pay their rent on time, but conversely landlords need to respect their tenants and not exploit them.
@Paul Smith You're right, it was. In that time and area of California (mid 60s to early 2000s in rural Fresno county California) that's the way it was. Not everyone has the same experiences but I still think the basic premise is true. Treat your tenants with care and be grateful for them and they will generally be careful and straight with the landlord.
My roommates mother had a tenant that stopped paying for 6 months. Said she didn’t have money. But it turns out she did. Destroyed the place. Out 6 months rent. She was a great landlord and the price was lower than anything in the area. It’s not always lousy landlords.
@@fedupamerican296 This is probably true; it just becomes much more egregious when bad landlords are caught due to their status as property owners and thus are rightly held to a higher standard.
A lot of landlords use this to get the tenants to move. The owner wants to move back to her home, but in many states you can't just evict someone for that reason so she had to use what the law allows. I would have just told him I need the property back and given him around 4 months to find another. Most people understand that they are not the owners of the home and this is, and was, always a possibility
That's the case. In some other countries they have provisions that say that the owner can request to clear out with some notice to move in by themself.
Exactly! People also forget the abuse that landlords have endured from the federal government during the rent moratorium where they were not getting rent and were forced to allow non-paying tenants to stay in their property!
@@Cerez78they had too fill extra paper work the government made up made it a pain in the ass… I would of said FUCK IT GET IT…. Ill get someone else too pay
I talked with an Uber driver in Vegas last September when I was there. He said small apartments were $1000 before the pandemic and doubled after to $2000. I also noticed probably 80% of the staff at the casinos were gone after the pandemic. So what’s the reason rent doubled but the workforce of Vegas was annihilated
The democrats in the Congress created the CARES Act which included the moratorium on evictions as recommended by the CDC. Both the Congress and Senate passed it and Trump signed it into law. So ... there's plenty of blame to go around on all sides. Landlords should have been compensated. If an executive order had been signed ordering farmers to give away all the food they produced to the needy, wouldn't the public expect the farmers to be compensated. Otherwise, how do they survive.
That's not true people with jobs are living in cars as well because the dang rents are too high people need to just try and buy their own house because this is outrageous. Most jobs do not pay enough to afford the unreasonable rates of rent.
@Michael McClelland Naw, as someone who moved from L.A. and has been living in Vegas for the last 2 years. I still go back and forth between Vegas & L.A. at least twice a month and Vegas doesn't compare when it comes to L.A.'s homeless situation. It's bad but not as bad.
@@triggatrevor1849 I'm from the *LBC* and I've been living in Las Vegas for close to 20 years, and I still have family living in SoCal, and I respectfully disagree with you
@Michael McClelland So when was the last time you were in L.A.? Not L.B. but L.A. Show me where in Vegas you have places that mirror Skid Row, McArthur Park and Echo Park prior to it's recent clean up?
These landlords are going to be ticked when they see all the homeless encampments in their front yard and the government does nothing. That’s what they get for being greedy.
@@crand20033 Who determines the going rate? Stop it, you can charge whatever you like and keep a good tenant for years, as opposed to charging something ridiculous and going threw the tenat search again. Greed is all that it is.
Been at my complex for 4yrs now. My rent was $1350 just last year. When I reknewed my lease this year after the pandemic it went to $1800. For a 2 bd/2 bath apt. I’m moving next year to a different state. Vegas nor the complex has nothing more to offer to be charging $400 extra rent. A lot of my friends and coworkers are leaving Vegas soon as well. I’m from CA and these prices are damn near close to San a Diego prices but atleast CA has way more to offer. Beaches,Amusement Parks, Zoos,Museums, Carnivals, Parades etc. It’s ridiculous.
If she wants her house back can't she just tell them we aren't renewing your lease. Seems raising the rent isn't about getting the house back. It's about GREED
You can’t simply kick out paying tenants even after the lease is over unless there’s applause clause to. In which case they didn’t have any. They wanted the home back but they have tenants inside that would’ve taken them to housing court and the judge would’ve ruled another lease agreement. The only thing they could’ve done is raise the rent to drive them out.
I've bought a condo back in 1984, it's been paid off for 12 year's now, however, I get investors wanting to buy it even though I NEVER put it up for sale. It's CONSTANT!!! I tell them all I can't start paying rent at my old age, I don't make the money I use to like when I was young. They don't seem to get the message or even care if I wind up in the street & homeless.
I purchased a modest 100k condo in 2020 - weeks before pandemic closed city. Did 15k remodel. Get letters from private citizens and realtors who want to buy it - looks out on water as well. NO WAY. I put 65% down on 15 year mortg. I'm paying off in 3 years. 10 payments to go!!! My old apartment rent went up 600 / month in the 2 years I've owned this condo. I'm keeping it in the family as a safety net for loved ones. Totally agree with you - you can;t be paying rent in elderly yeas. NOT safe!! Loved your post.
Same I have a few houses and every single week I get multiple people trying to buy them. I just had one left yesterday. They rolled up a flyer and rubber banded it to my screen door.
be 44 years old, making 15 dollars an hour... rent in the area I'm at is well over 2k a month for 1 bd even in the bad parts of town... having to live with my mother at this age is embarrassing.
@@rotanddekai7503 Some small landlords do have jobs, whether full-time or part-time. I know because I have a landlord who also has a job. As their real estate businesses start to take off, they wouldn't need a job anymore. That's the beauty of real estate.
@@sandrazollman550 you have no idea what someones plans and portfolio holds how dare you say something like that.....get your own assets if you don't like it.
How do they expect people to live? To get approved for a place you have to make 3 times the amount of what the rent is so if they're raising his rent to $6400...he has to make 3times of that amount in order to get approved!!! This is ridiculous....this landlord is being disgusting and evil....this is why soooo many people are homeless because they just give up.... there's no winning
well you don't have to make 3x the amount if you do you pay less of a deposit and if you don't you pay higher deposit usually double and usually pay slightly higher rent
That is so true and there are a lot of people that can't come up with the 3 time's the rent or have good credit, it was never like that when I rented. I look at it this way as long as they can afford to pay the rent what does it matter. I feel for the younger generations that's why I am going to make sure my kids have a place they can call their own when I'm gone
@@darlenesams3274 my husband as I added each of our kids to credit cards to help build their credit so that by the time they graduate they will have great credit. My 20year old is working and saving because our plan is to help her buy her own home ...so she will move out of our home into her own home. I don't want any of my kids leaving home unless they're financially stable to make it on their own. 💜
Our caregiver's family in LA was just hit with a 1,000 request increase from a landlord she's had for 25 years. So she qualified for a mortgage (mom's income and mom's rental) and just moved into her own place (with mom) last weekend. Now the landlord (I don' know the guy) is going to have to come up with a renter for the premium amount. He'll be underwater real fast. I ThOUGHT the guy had deep pockets: his house, the previous rental house he's owned, plus the new house. Maybe not, but we're not going to be funding his bad decisions. his loss.
My rent recently went from $950 a month for a tiny one bedroom apartment to over $1700 a month with minimal notice from my leasing company. They're well known for being scummy as hell
rent being so absurd made me decide to buy. I was renting the same property for 4 years, my move was abrupt so it came as a shock just how scarce available places had become. I was just "over qualified" for many of them and under qualified in reference history. It was easier getting a loan than finding a decent place to rent. The few that responded had a multi month waiting period.
@@dbased1915 that's pretty much where I'm at right now. My parents have a home worth over 800k and their monthly mortgage is less than my rent. Yet after paying my monthly rent at the same place for over 3 years I somehow still don't qualify for house payments at almost half the cost? I don't even know what to do. I feel beyond trapped in my current situation and can't even afford more education to better my career/salary
I'm a landlord and what I don't understand is, if they want the house back for the elderly owner to live in, why don't they just give the tenant the proper notice to vacate? They even said they are raising the rent by a ridiculous amount bc they're trying to get the tenant out. The lease should have provisions for the owner taking back possession of their property. Then they wouldn't have to do these shady tactics like hiking the rent to an unpayable amount.
The video says what happened. The lease was up in Oct. These were the new terms for the next year. Eviction notice was issued. It is now May. Why is the squatter still there? If you dont have a lease and not paying rent, that's squatting. I did thousands of financial plans with people. There were those that really were squeezed and didnt know the state of their finances. Many, however, hated the fact that pointing out they were living beyond their means by using credit to meet their wants, was not sustainable. Cutting their want, and meeting their need, was often possible. But, they wanted THAT lifestyle so they went into debt to have it. What bills are being paid aside from rent? Want a clear picture? What's their priorities? What gets paid first? Why are high school grads moving out and finding a way to live when grown adults who have been out cant? How do HS grads earn the same amount as grown adults? Choices, choices, and choices.
Probably because it's Los Angeles, where Democrat policies likely make it very hard to get rid of tenants when you *need* to. Democrats love to side with parasites and criminals.
@@frpgplayer high school grads usually have or get about 3-4 roommates to split the rent while in college working, so the burden is split between 3-4 people. But when one person if paying the bill this when it becomes a burden, I understand what you tried to convey but that person probably can pay rent but why would they take there life savings to start paying a ridiculously amount in spiked rent.
@@frpgplayer lmao if my landlord did shady shit like that id squat too and when it finally cam time to move out id trash the fuckin place . Well deserved on the landlords part in my opinion .
@@frpgplayer this is a shitty situation all around: The going rents in LV would've made this tenant have to pay $6-8000 to get into a house with the raised rents. He's been put into a shitty situation and there should be more help and policy to keep the rents reasonable, and there should be no problem if someone wants their property back... I'm sure the guy and his family could cut some corners, everyone can, BUT why should he have to move out at the worst time in rental markets? This was months ago and I hope everyone turned out ok, but also why are you picking on the victim here and not the possibly lying landlords? if you're gonna go to bat against someone but not the other you can't be an unbiased opinion. but I'm just not a fan of talking shit about a victim in the first place.
In South FL, my rent went from $1200 to almost $2700 a month during the beginning of renovations from New owners at an RV community!!! They lost over 200 tenants for their greed.
I’m sorry to hear that! My home state has become a piece of shit sadly to say! I grew up in North Miami, I left the state after my rent went from 1500 to 3800 per month!
They need to get rid of renting, and turn it into "owning." Even if you live in an "apartment," you should have equity to "own" that place or move up, signing a mortgage, not a lease or rental agreement. My last landlord doubled my rent, then evicted me, after living there and taking care of the place for eight years. Didn't even talk to me, just posted a notice on the door. Thirty days and I had no place to come home to. It's no wonder that people are homeless. 💙 T.E.N.
Wtf would anyone buy a house and rent it out if every renter got ownership? That’s a raw deal for any landlord. Rent would triple over night because of the added risk to the owner. It’s that simple.
I didn't say ownership, I said equity to own, which would increase the number of people who can buy a home instead of having so many people pay for nothing. The landlord gets their due, but anyone paying "rent" automatically qualifies for a home. The best example would be a friend of mine, who was already paying $1,450 a month for rent, but wasn't allowed to buy a house for $895 a month because of his credit rating. "Renting" as a "concept" is a bad thing, as everyone should own the place that they call home, which is an ideal that would take a total revamping of society and humanity as we know it and would be beyond the comprehension of most of the people that I know, especially the people that make their income from renting. It could be the subject of many papers, I'm sure, but it is hard to even imagine what society would be like if everybody owned their home, as current day values, morals, and thought processes would have to completely change for that to happen. Think world peace mixed with no wanting or need and no greed or avarice. It isn't right that many humans work hard and pay their whole lives, just to end up with nothing, but I doubt that we as humans can achieve a utopian society of everyone having a home without altering our complete way of thinking and living, so nobody would be buying a house to "rent" it out, and it isn't outlawing renting, because that "concept" wouldn't exist. 💙 T.E.N.
@@tracynation2820 wtf are you on? Your first statement said turn renting into owning. The rest of what you’ve written doesn’t make sense. Why would anyone build a house if they aren’t going to make money off of it. Millions would be homeless or living in shantys. I know I wouldn’t invest my hard earned money in real estate with no or little return on my investment.
This is always the risk of being a renter: you're at the proverbial mercy of the landlord who is allowed to charge what they want. Lesson to all the young ones: study hard, work hard, save your money, and buy your own house so you don't have to experience this...
Forget that putting all the burden on the young one. How about you older folks who own homes vote to fix the laws and stop being so greedy. Stop putting all the responsibilities on the young people. Young people can work 6 jobs and it wouldn't make any difference if there is no rent control or limit. This is affecting everybody not just young people. Affects fixed income folks like seniors.
Work hard, save your money, and when you finally save up enough money to buy a home…housing prices will be 20% above market and your down payment will get you a nice RV to spend the rest of your life in!
The wages in this town don't support charging people these kind of prices. The land lord will end up with multiple families living in a house trying to survive.
@@michelesmith2620 then why not just not extend the rental agreement? Makes no sense. Not like the owners have no right to let the tenant know they can’t rent the house out any longer when the contract ends.
Living in someone else’s property makes you vulnerable to situations like this. Corporations buying up residential properties and inflating prices is ruining the real estate market.
I bet all in, That the owners of the home, will place the home up for sale as soon as the tenant leaves... The entire homeowner is blind story sounds like complete bullsht to me..
@@danielmankinde1706 My mom just sold her home of 19 years in Vegas for an amazing price, but the home is beautiful & well worth it. That home this tenant was living in is literally a small tract home with a .09 acre. Those neighborhoods were constructed for cheap 1200sq ft housing. It is always more profitable to rent these shoebox homes.
I wouldn't be surprised if the landlord being an old lady going blind being true...but is incapacitated and has unscrupulous children/grandchildren pulling the strings on her rental properties.
@@dcg590 I just read your page and comments you act like your shit don't stink 🦨, GTFOH lady your crazy and a racist with plenty of racist views, all anybody with a brain has to do is look at your comments to know who you are... F*** you *Do is all a favor and wash your mouth out with buckshot
Mine went from $1800 to $2300 until finally they wanted $2800 for the renewal and I left. This is out of control and makes even less sense when new tenants can pay less than a stablished one.
They want the property vacated so the elderly owner can move back in? Few questiona arise is my mind. What is the elderly owner's current living situation? If they move into this property, what happens with the current property occupied by said elderly person? Does this "property manager/relative" (Greedy slob looking out for their own interests) gain the currently elderly-relative occupied property for their own agenda? Also, leases always include (at least a reputable one) a minimum timely notice shall be provided by either the landlord/tenant regarding lease re-/non-renewal. Usually 60 days in standard. (As well as common courtesy.) They already know that properties in that area aren't renting for anywhere near what they're asking. So why the dog and pony show? So why not just decline renewing the lease and providing the tenant with a reasonable notice to vacate. Remember, Karma is a b>/"h. How would the PM/relative feel if they were a tenant in this situation? Remember that old saying.... Do unto to others....😄
I had an apartment in an "ok" part of town that was $795 in September 2021 and when I moved out in April 2022 it was $1350. Oh, and zero raises at my job.
All the excessive printing these past 2 years just gave more money to the property and asset classes, and further diluted the working / average class, dreaded K disparity.
A raise wouldn't help you anyway. We get so many minimum wage hikes in California that I am now very close to minimum wage. My wages were automatically hiked twice to keep me above the minimum wage. That's how fast it raises here. And every time the minimum wage goes up, the price of living goes up as well. It's a never ending cycle of bullshit
@@jeffalbillar7625 I get that. $15/hr 2 years ago is the same as $17/hr now with how things have gone up. It's almost like working class people need to make $25/hr just to have some sort of quality of life.
Destruction of property is a felony. As landlord, I will pursue you to the full extent of the law. I have more resources than you and I'll financially bankrupt you with legal actions if you damage my properties.
Why doesn't anyone state the obvious GREED is the real problem If the city wanted to fight back on this problem just raise the taxes 300% the homeowners would be livid. The average families are barely scraping by. It's evil and greedy!
I’m so happy I don’t rent....I feel bad for so many who are being evicted. This is horrible. I work in home care and I’m worried bout one of my clients whose 70 years old and might be loosing her apartment cause landlord wants to sell the apartment building. Plus there’s a woman who lives above her who has cancer and caring for her two young grandkids.
Before 3:17 I was saying to myself “it sounds like the owner wants the house back, or wants to sell it. The raising of rent is a tactic to get the tenant to move out”
its clear in the report.... ELDERLY LADY Going BLIND..... she wants to live in her home again.... asked renter back in december to move... sounds like renter refused... so rent goes up....
@@HR-rt9nh right, they mention that around the 3 minute 17 sec mark. But from reading the caption and listening to the first few minutes I pretty much gathered the owner wanted to move back in. And the 3:17 point confirmed what I thought. I was just pointing it out.
Supply and demand, and "American greed" the demand for rental property is extremely high, interest rates will be rising to over 6% in the coming months. A lot of buyers are turning to rental And the greedy landlords are eating it up. Congress needs to pass a law to stop this price gouging fast or it could get ugly
This is beyond insane‼ where are the politicians who are supposed to work for the people??! None of us are getting raises to match these sky high ridiculous demands in rent ‼
The mistake we make as voters is doing the work of the people who reap the benefits of these Politicians. As citizens we should be lobbyists, instead of voting for the people the lobbyists want us to vote for.
Wrong. The govt has no right to be in a private contract -tenant/ landlord. Politicians are out, and when they’re in what happened? Eviction moratorium, now these are the consequences
We living in a Senior Apt, the Rent been going up everytime we have to resign the lease.2 bedroom went up this year over 200$,1 bedroom 100 $ ,this year I heard it will go up 165$ more that be over 1200dollars carpet is 10 years old everything is breaking down, trees are Dead. Old people can't afford it. Something needs to get done the building Las Vegas Nevada for the Rich.the Landlords are greedy no Heart, they do not care people living on the street. Thank you
@@ritacampbell3833 ..That's where your wrong. If the property owner wants their property, they shouldn't be forced to rent it out or lower it to a price suitable for the renter for decency & humanity. I'm sure someone wants the place you currently living at, you willing to give it up or rent it out so they (tenant) fill it's worth? II didn't think so🙄. Tenant needs to leave immediately. The landlord owner is elderly and needs the place according to the news clip. Also the tenant was behind during the eviction moratorium. He got alot of humanity/compassion during that time.
there is definitely more to this story. it seems like the landlord wants to get rid of the tenants. There's always three sides to a story...the third being the truth!
He should move. I know it's tough, but life is full of obstacles. She wants to occupy her property again. It's her right to do so. I hope he finds a better place to live. The best thing to do is look at this as an opportunity for a better future.
Ya if I owned a home that I had rented out and found myself in need of needing my home back I would hope the renters would be cool enough to just move along, I’m sure she tried the nice way at first and asked him to move along, by leaving it in a clean order like when he moved in he would get his deposits back which would help with the cost of the move.
Lol there are other options. The first one would be an open line of communication… giving the tenant some notice and letting them know that the owner needs the home back for whatever reason.. that could have avoided this ridiculous situation. The second option is to simply file paperwork to evict, allow the tenant to respond & get their affairs in order so they can get out without any problems. Point being is that there are other options .., this one in particular seems like a really stupid way to go about things. It’s just ridiculous
Many states have a cap on how much rent can be raised. I think it's 10% in California. Nevada has no such laws so landlords just have to give 60 days notice and can raise it however they want, so I'm not sure what this guy is going to be fighting.
Dang I'd be happy if Michigan had laws on the books about mold in rentals. I've called everyone from the city to the state about the black mold in parts of our apartment building that we all use. They just keep increasing rent and allowing the basement to flood over and over again. Basically every time it rains more than a little bit. 😩 Renters deserve livable conditions.
I don't get it. Does this person rent month-to-month or have a lease? If the landlord wants the house back then just don't renew the lease. Let the current tenant stay until the end of the lease and instead of renewing it just terminate it so the renter has to move out. As for the rent increase, if there are no laws in place to regulate increases then that's the end of it. Property owners have the right to raise the rent as they see fit. If you can't pay it you move. That's what renting is.
There should be law where owners can't raise the rent more than the cost of living annual increase. Homeowners who rent out their properties right now are just greedy.
Why? Why should that be a law? If people can afford that rent, that is the market rent. If no one can, then the landlord loses money. After a year of landlords literally being required to let people live in their homes for FREE, you have the nerve to say we need laws where owners can’t raise rent??? No one forced you to rent that house, in that area.
That's what's known as a rent controlled district and one of the reasons prices in NYC are so insane. Landlords jack the prices up front because they know they can't raise them at the rate they want.
Spoken by a person who undoubtedly never owned property or signed the front of a check. 1) Not all landlords are "rich". They have to maintain the property, make repairs, pay property taxes, etc. . 2) The rent moratorium allowed a lot of tenants to take advantage to not pay rent when they otherwise could. I know a fellow whose tenants did exactly that and told him they didn't have to pay him anything! Another tenant sent her thug son to threaten him because she could pay but tried to weasel out and he tried to legally evict her. 3) The property owners never got a moratorium on their costs! Whether or not the tenant paid they still had to pay the mortgage, maintainence and property taxes. Some just could handle the strain and sold out. 4) As someone who grew up in NY and is well aware of what happens when rent control is invoked, I can tell you it's a disaster. During this mess, lots of people and politicians were throwing the term around like it was a viable solution. 5) From what I understand, this guy is a grifter who also took advantage and did not pay his rent. The landowner wanted him out and had every right to get him out. He had the nerve to cry on camera about how unfair it is that he can't afford rent he chose not to pay. He even admitted he had lousy credit and had trouble getting another place. Then some woman comes along and finds him a place. I can't wait to hear if she decides to evict him eventually! 6) Ultimately, the market drives the rent, but many corporate owners (as opposed to private individual ones) are the ones raising rents to ridiculous levels (see Blackwater). In some cases they buy up entire neighborhoods and leave them empty.
And the amount of rent should be capped within a certain amt very close to actual monthly cost. I also believe that same theory should be applied to buying a house as well. And it should be even across the entire nation, no more what i call geographical discrimination. But these people just want their place back and are trying to be nice by not forcing an eviction for him to have on his rental history. Why isnt he being respectful back? An elderly blind lady, they shouldn't have to say any reason why because it is their property, but now that they have he's just exploiting the elderly and disabled. To me, this shows more about him than them on any level. And thank you sir cause it doesn't matter what it is i dont want to be involved w any part of you, people who cant take no are scary dangerous.
So, in other words, raise rents to a point where the average person has to move out because THERE ARE PLENTY OF PEOPLE LINING UP TO MOVE IN AT THE HIGHER RATES. Sure.
I’ve rented the same apt for 8 years. I had an awesome landlord, then she sold the property a few years ago. The new owners suck. They raised the rent like 4 times in a bit over a year, while taking worse care of the property. I’d move but I hate moving more than anything on earth, except maybe mayonnaise.
@@HighFiveGhost50 yep that's a phobia. You're avoiding moving because you're too comfortable with where you are even if there's more options.. Phobia can also mean having an irrational aversion to something.
This is a huge reason we have so many homeless. No one is talking about the working class not being able to afford basics, like housing. And not to mention people on fixed incomes like elderly, disabled and retired.
@@silkyrobinson5079 while I feel for everyone during this financial crisis which is the result of shutting down the economy for 2 years, landlords have really taken a hit as many of them have been denied rent and stripped of their right to evict tenants during this entire pandemic. The answer is never crime! There's no excuse for it.
@@justtryme2020 there’s no excuse to price gouge people just to have a roof over their heads. Yes landlords may have been hit by the pandemic but so was everyone else, most people actually went under and couldn’t pursue their own businesses anymore. Landlords are not entitled to good tenants and they will never get any raising prices on people and having no regard for humanity. It’s sickening.
@@CAsnowman actually Landlords were the only citizens forced by the government to allow people to remain living in their private property while paying nothing for 2 years! Most people who are renting found the pandemic to be quite profitable with the multiple stimulus checks and extra unemployment every week! That's why it's been so hard to get people to work at lower paying jobs since the country has been starting back up. The owner in this story doesn't want to have tenants! They want their property back and have every right to it.
@@justtryme2020 I dont agree with that unconstitutional rent moratorium either but it doesn’t give them the right to take it out on the next tenants or whatever.
What the people are really saying is, "We want our property back." It's unfortunate that they didn't give this man more notice. I'd be renting myself a storage unit and finding a cheap hotel room until I could find something affordable. Seems like it's getting very tough for renters. Sad situation.
Most people didn’t watch the entire video and just assumed it was an evil landlord. Not an elderly lady going blind that needs her place back… Agree with you 100% it is hard for renters but not impossible. He just doesn’t want to move cause he’s lazy especially if chap is willing to do $3000 in rent.
You're kidding right? They literally said the elderly owner wants her house back yet you comment as if you "read into" this deep "conspiracy" with your use of "quotation marks" they are simply using the only way allowed by law to get their property back. It's a shitty situation but so the fuck what. It's her property. More notice would have helped when the tenant has been not paying and fighting it for 6 months......yeah the logic is strong....OR you don't pay attention to facts, you act off of emotion and comment without knowing what the fuck you are talking about. Cudos to you, you are part of the problem.
I moved into a 2 bedroom apartment recently. When I wasn’t aware of the rental market being raised. My leased ended on Dec 2021. I was paying only 1200 a month for a 3 bedroom apt and I decided to move because I wanted to be closer to my kids in the east mesa here in Arizona. Not knowing the market rental price I had a hard time finding the right place for the right price. As studio apartment in a good area will cost around 1200-1500 a month which is outrageous!!! I finally found a place and a landlord who’s willing to work with me for 1459 a month which included water, trash sewage but total cost of move in for me was around 3500 deposit plus 1st months rent. Only issues was the tenant was still living in it. So being homeless with nowhere to go.I had to waste money on Airbnbs costing me about 450-500 weekly for a whole month. Shit sucks I had a good apartment and downgraded to a 2 bedroom and a lot smaller. Either way they would have raised the rent on me as well if I extended or continue my lease.
I moved to AZ in like ‘03 and I remember how inexpensive it used to be as a kid. I never thought that rent or home prices would be this high 😆 I currently rent a 2BR for $1800 a month 🥲 and it’s just regular, not even a fancy loft or anything 😂
@@girlwithguala4794 I moved to AZ around 1998. I was 13 at the time. Didn’t really remember much how much everything was but I remember gas was only 89-99 cents a gallon. My mom bought a brand new build house for 135k in 2002 prior to that we were living in a nice 2 bedroom apartment near 59th ave thunderbird and was only 400 a month. Yeah even shit apartments now be costing way over its not even worth it.
I signed a 6 month lease in summer 2021 in Mesa for a 1,700 one bedroom apt. The manager offered me a new one year lease in Jan 2022 for $2,600/month., or $3,000 month to month. I had to move out of AZ and quit my temporary high salary contract job.
@@rampar77 where in mesa? That is insane 1 bedroom for $1700. I know it gets a little bit cheaper in west and central mesa but those are the bad areas of Mesa. It tends to get a bit nicer towards east part. Where rent can exceed over 2-3k a month..
Nobody’s fault but your own you’re an adult and you should have figured out what was going in the rental market right before you decided to up and move can’t blame nobody but yourself for downgrading yourself
Even with increased expenses I feel this landlord is at a money grab knowing others are doing it and they can too/ trying to get the rent + get money for them to get another place if this is about having the home. They didn’t go by the 100% and chap did offer what was in legal binding of a lease which the homeowner decided to decline , by $5000… that is absurd and if you’re stating that this is basically over wanting the house back due to medical reasons, say that. Tell the tenant that and that the lease will not be renewing, don’t say $4000-8000 or get out if you can’t afford it , basically forcing them out.
Where is the woman living now? She clearly has another home. I think she and family are just trying to capitalize on the ridiculous current housing prices before they crash, so they can flip it.
I have lost so much since rent went up.. I am going to have to lower my.living ways.. widow scared trying so hard to keep the food in the fridge and cupboards plus medical etc.. no car no new nothing.. Trying so hard to keep my head above water.. there are other options and I will take advantage of them.. this is disgusting with rents.. where I live nice staff asst mgr and do on.. In distress with rent hikes. My life is upside down at the moment don't know what zip code I will be at down the road. My heart goes out to the ones who had to.leave their homes.
Wow, just wow. This is why I still abhor renting even though I have done so throughout my 20s. Paying rent is still akin to throwing money down the toilet, and it is beyond worse these days. My mortgage is only $750/mo after recent refi for a 3bd/2ba Two car garage home.
I've worked hard my whole life. Bought my first home 2 bedroom 2 bath back in 1995. Was half of what I was approved for but I knew there work be tough times over a loan that long. I sold it in 2017, and paid cash, a fixer upper. Still in my home and glad I made the decisions I did. My home is now worth 3 X what I paid for it, just due to appreciation. My taxes will more than double next assessment. My hazard insurance will follow suit. My utilities are going up, along with gas and groceries. Instead of griping and complaining why don't people simply have some common sense. Everyone needs a new car, an expensive phone, new clothes, an instagram ready home.... priorities.
@@AnimeShhiinBlender69 Funny, I remember during the O'bummer administration, they were giving money away to people who otherwise shouldn't have had loans! No surprise when those people bailed out of bills they could never pay!
@@kennethober9070 you’ve never worked for a REIT, don’t understand macro economics, don’t understand the fake fiat monetary system, don’t understand money in general. Get out of your feelings and think logically not emotionally. Your low iq is showing. No matter how much you virtue signal you’re not any more moral than anyone, you’re not more virtuous than anyone, regardless of what you think of yourself. Get off your high morality high horse. You live in a glass house as wel
If the landowner wants to move back into the house, then end the lease. Otherwise the "reason" sounds just like a pretext intended to try to gain sympathy or act as justification. I find it hard to believe the landlord had to go this route.
Exactly. She didn’t have to go this route and obviously didn’t want her place back that bad as she said she would let him stay if he paid the new amount. All she had to do is say “hey your lease is almost up I decided to not renew your lease you have ___ days until the lease is up and you need to be out by that day” and it would’ve been 100% legal and made sense.
I think it's wrong to do that too someone that has paid their rent on time, that's going to come back and bite them in the end. It's total greed to me.
I do feel bad for renters I own a rental home and I charge below market for my rental a few hundred dollars less than market and I’m happy I’m not a pig and I’m hoping that when I die God will remember the kindness that I showed to other humans
I feel bad for both parties. Many landlords got screwed out of rents because of the moratoriums and many responsible, hardworking renters are now getting screwed by the actions of others. Everybody is suffering from the Sisolak shutdowns.
@@Stormie_LV *"Sorry, it was pandemic shut downs."* Nope. Some states didn't lock down at all (Iowa). Others locked down for a very short time and immediately reopened (Florida, Texas). Nevada was one of 11 states that had very draconian Coof restrictions-- restrictions that Stupidlak didn't follow himself. Besides, the whole Coof narrative has completely cratered. Even the secular media is starting to suggest that the lockdowns did more harm than good. Sorry, but Stupidlak completely owns this situation.
Most of the homeless are actually drug addicts who refuse to get clean and find a job and fit into society. Many were bussed in for the last election from LA and are littering the Strip while they OD in front of billion dollar properties. There are a couple who are facing issues due to rent but I blame corporate rental companies, not small time landlords.
The property manager realized that rent was increasing to $1500 for most 1 bedroom apartments in the safer areas in Vegas and so they felt their house should be more expensive as well smh..
Just watch another housing crisis just because landlords want more money!!! Makes me sick to my stomach that these greedy people are tossing the elderly & children! Is their no humanity left!!!
The rent went up because the owner wants the tenant out. Most likely so they can move back in to home or to sell it. Should have gone about it a different way.
When a restaurant wants to fire a server or cook, they cut their hours to like 10 a week. Thus forcing that server to quit. When a landlord wants you out his property, they double the lease price and wait for you to respond. It's cheaper than eviction. The end result is that person gets a new address. Which is what this is all about.
I did the same for my 7 properties I had 2 years of renters not paying and now all renters will pay for those 2 years of no payments And so you know all 7 renters now are from California so I don't care or feel bad
What if 1 had paid? Would you still let them live their at the set price? And I’ll add if you had a mortgage on any of those 7 houses you owe then you were mortgage free for awhile too. My landlords didn’t raise my rent during these trying years. I’m grateful to them every day. When we first shut down i told my landlord id still be paying rent. And I did! Throughout the years I’ve added features to the house like ceiling fans, security door, new Facets, new toilet bowl, had carpet cleaned, painted, n plan on doing more…. Yard n new screens n shutters, stove, dishwasher, etc!! It’s because When i first moved in they said…. ‘This is your home! Welcome home!’ And I love them for their wonderful kindness throughout the 10 years I’ve lived here!!
@@redankulous69 *"Capitalism is what the United States of America signed up for. No need to feel bad. Make that money"* So Stupidlak locks down the economy and imposes an eviction moratorium for close to a year. The result is massive economic loss (especially small businesses), a significant period of mass unemployment, mass rental squatting and shortages (a lot of which stems from early retirements by the boomers). However, that is the fault of "capitalism?" I guess in the lefty mind, free enterprise is responsible for everything-- even the sins of socialism.
2 года назад
Be rad continue to be rad that’s what you’re supposed to do I think of the situation teaches anybody anything it’s about the importance of acquiring assets like real estate property otherwise you’re always going to be in a position where somebody else is a master of your destiny can’t blame be read there’s baseball teams coming and stuff there’s people coming that have more money than other people over there it’s just business but at the same time this wouldn’t happen to California
If the landlord wants to move into the house she can evict the tenant. But she will have to give him notice. I guess she doesn't want to do that, and thinks this is a solution?
When the owner of the house decide that they want the tenants out, so they can move back in their own home again= raise the rent so high- they move. …. That’s what this is all about.
@@Preservestlandry The rent was raised so high and very unrealistically that no sane person would pay that rent. If the tenant did pay for some odd reason if I was that lady I just get a studio apartment in Pay between $700-$800 a month and still make a lot of profit
So basically the landlord wants you out and you don’t want to leave… “it’s too expensive to move”. Get a loan to put your first and last month and security deposit on a new place and MOVE.
Wait a minute. The homeowner is an elderly woman who wants her house back presumably to live in it? But if the current tenant is willing to pay the new high rent he can stay there? Something fishy here.
@@NicoleM2108 he’s not wrong. She just wants her place back. She elderly and going blind. The man certainly capable of finding a new place just sounds like he’s lazy cause he doesn’t want to. Especially if chap is willing to pay 3K he can find a new place…
@@BaxterB1641 He cannot afford it. You misunderstood the story. He went and applied for aid ...that is where the extra money came from. Also, instead of strong arming him...she could have just not renewed his lease and gave him the courtesy of notice to find a new place. What they did to this guy was awful...but you have to get the details of the story to see why it is wrong. It was not even the owner it was a manager on behalf of the lady. These managers are for crap.
@@NicoleM2108 managers can’t kick people out without a reason. They have to actually do something wrong. Lease auto renews. Most place are still protected by the pandemic moratorium with Las Vegas still have it effective till May 31st of this year. So the only way to get him out is evict due to missed rent imo… He could afford the 1500 prior and chap was willing to pay an additional $3000. I believe in having live-able rent and helping tenants but this guy clearly didn’t care for the little old lady and the manager is using the tools they have. It was a message for him to leave not for him to pay it. He didn’t receive the message. Think if that was your mom would you be happy the guy was still in there?
Thats insane! These rents going up everywhere is going to have a bad impact on society. If more people are forced on the streets crime will go up and local businesess will see a major drop in revenue, It's a bad cycle.Rent prices need to be controlled in every state!
This is the same law in Colorado....Whatever the market will bring. The landlord can charge whatever they want. Over 13 years ago, ours almost doubled from $865 to $1,400 a month. The same apartment is going for almost 2K a month. Houses here: 3-4K a month. I can believe this story. You don't want to pay that amount in rent? Move....It's that simple.
Almost the exact same thing happened to us. The only difference was the amount? But our landlord did it DURING the moratorium. We ended up having to move and paying double deposit and first month rent just to move asap. The governor knows he will definitely will not be re-elect cuz he’s not doing anything to fix this injustice. Rent rates are rising drastically and no one is raising pay. It is becoming that the only way to live in vegas is to own but even that has gotten crazy.
I love how minimum wage increases have to be phased in to not "burden employers," but rents are allowed to double or triple overnight with zero regard for the burden on tenants.
To me their should be law past to limit the amount
This !!!!!!!!
Landlord want to move back to the house what is wrong with that? If he cant afford it he can find a new place. There are no law that said landlord cant raise rent to 8k.
@@um8440 you’re so out of touch. If this is happening all over the nation, where the hell do you expect people to go? This is why people resort to living in their cars, assuming they have one.
People fail to acknowledge that while rent and food increases in price, the minimum wage stays at 7.50
The issue is that either the renter or the owner (landlord) must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people-at least in California, where I currently reside-are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!
It’s getting wild by the day. The prices of homes are quite ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%). Sometimes i wonder if to just invest my spare cash into the stock market and wait for a housing crash or just go ahead to buy a home anyways.
I get such worries too. I'm 50 and retiring early. Already worried of the future and where its headed, especially in terms of finances and how to get by. I'm also considering making my first investment in the stock market, but how can I do so given that the market has been in a mess for the majority of the year?
For you to grow your portfolio in today's market, you really need to be coachable and willing to get off your high horses. I for example, have managed to grow mine from $150k to 300% of my initial deposit within the past 13 months just by copying trades from a broker that has better skillset and technical know-how than me.
@@williamDonaldson432 I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
The decision on when to pick an Adviser is a very personal one. I take guidance from Annette Marie Holt to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
This is BS.... I am a landlord with two rental houses in Las Vegas. I Have NOT raised the rent on my tenants thru the pandemic. Tenants take care of my investment by taking good care of my properties. That is awful during trying times for landlords to take advantage of people just trying to survive. I know I not the norm but that's just how I see things. Landlord's quit being so greedy. Stay Safe Everyone ❤
That's awesome of you. People are struggling to survive nowadays
🛑STOP🛑 lying ...you like the rest of these greedy Las Vegas landlords have raised the tenants rent, that's why there's so many homeless here in Las Vegas
I think .. they just want him out .. tenant offered 3k , owner doesn’t want it🤷🤷
Well you are a rare breed.
@stormie you are awesome. Im lucky our new landlords only went up $50. Not sure if its cuz they know we are good tenants (the mgmt company said we were one of the few that still pd our rent every month) or if they are just good people. Either way we are blessed to landlords like this. To those that talk about how bums had two years rent free…i was a case mgr and on one hand i agree with you but on the other hand i do not. Yes those that could save and pay should but on the other hand mgmt companies wont except partial and then what. I have had families struggling because they were out of work or one job wasnt enough and looking for another. Its bad to make judgement on situations you know nothing about. Everyone is not the same. Its not wrong to raise the rent just be human and have a heart. Cuz in the end not one person nor family will be able to pay the rents out here and multiple families will live in one unit which is a higher chance of your property being tore up.
This happened with the 2004 housing boom - home prices were greatly inflated, meaning people couldn't sell later because they owed more on the house than they could sell for. I know quite a few people who bought then, thinking they were making a good investment to sell later, but it's taken until the COVID housing boom for the prices to come back to those original amounts.
To balance out your real estate holdings, I suggest investing in equities. If you're cautious, even the worst recessions can present fantastic buying opportunities. Additionally, volatility can produce fantastic short-term purchase and sell opportunities. This is not financial advise, but you should buy immediately away because money isn't king right now!
@@LionTowercoporation Would you mind providing details on the advisor who helped you? saving for a pension through a corporate program since the age of 18. I hit greater tax along the road, so I increased my company pension with a SIPP (tax benefits). I'm now 50 and would love to expand my finances more aggressively; there are a few automobiles I still want to drive and a few mega-vacations that I still want to take.
@@LionTowercoporation Thank you. I will search on her site online and do my due diligence. If She seem proficient. I write her an email and scheduled a phone call.
all through the eighties it was ALSO like that: most of my fellow employees were under water. the good thing was that jobs weren't disappearing, being contracted out, or other changes families had to REACT to to survive. eventually they caufght up as it was less to keep payinig the mortgage and not losing your credit rating. And THAT was in Canada.
Crash was in 2007-8
2004 was a good year to buy.
Rent went up since then.
Those that held their mortgage have paid 17 years of the 30 years.
Housing prices rebounded by 2015.
Your way off.
I was homeless in 2007.
5 houses by 2016
Of course you can't afford it, dude - that's the point of it. The landlord doesn't want you to pay a higher rent. The landlord wants you to move.
Exactly!
Don't worry that landlord gonna lose everything God hates evil
@@utahsilvey5930 evil is you. buy the house, rent it, be limited to raise rent 5% per month. I'll see what song you gonna sing then
@@arishem555 what ever makes you feel better inside
@@utahsilvey5930 sure, Silvey.
This is perfect example why people are opting to convert cargo trailers and vans to sleep in or truck campers and other vehicles. No way in hell would I pay $4000 rent for someone else property. He might as well go build a tiny house to live in.
Exactly! 👍
✅✅✅
He should move out and do that. It’s not his property, he’s a renter and has not offered to buy the property.
@@anitaneal1779 you’re right he’s not obligated to buy the property.
He owes her 40k. Who’s in the wrong here?
A perfect example of the difference between being a landlord and being a human being
no the dif between being a shitty landlord and a good one. im a landlord myself and ive never raised the rent more then 100 bucks at the end of the lease and the only reason i raised it was to cover tax/insurance increase.
This is what you get when you SCREW landlords with eviction moratoriums...
In 2018 our rent was $1,750. We've been here all these years. The owner is heaven sent, he just this month up the rent to $1,905. And it's still extremely cheap where we move for a 3 bedroom house. Homes here are going for $2,500. We live in California. He has been an amazing landlord, we are very grateful for him.
What about the 2 years of not collecting rent ? We’re there renters who didn’t pay rent also less then human ? Could have affected the owners just as much if not more then raising rent.
@@jmpayne333 If the renter had the money and didn't pay, yes they're less than human. But if they lost they're job, they're not. Couldn't renter's get money to cover unpaid rent? We were extremely fortunate to have jobs during the whole pandemic. Not one payment missed since we moved in, in 2018. Maybe that's why he didn't up it. But some people post everything as income. That doesn't make then less than human.
I wish they would also talk about corporations like Zillow buying up the houses, outbiding ordinary people who just want homes for their families, then hiking up the price to exorbitant amounts. They should also talk about hedge funds going into the landlord buildings, hiking up rents and evicting people.
That's called business. Grow up.
Hud just as bad. Kern county I paid four hundred fifty dollars a month for two bedroom two bath very large yard, love it till owner sold it, still keen county has some places cheap, as long as you drive, one store in town, bus once a week.
All this property are under Chinese investors control and obviously don't care anything about eeuu citizens comfort obviously little by little destroying EEUU real estate bussines inflating houses prices
Talk about HUD and Blackwater giving the MONEY to these outfits using YOUR tax dollars. HUD granted several hundred million to ONE connected Trump guy and he b ought al lthrough the Mormon corridor for chump change with 0 percent money: YOUR money.
@@wanaraz Then business is responsible for widespread homelessness
I’m glad he took the time to get the news involved because this is outrageous.
Outrageous....it's insane!!!
So then move
@@boggleboggle100 LEGAL !
You’re out and Blackrock is in.
He just really wants him out
So this is because the elderly owner needs the house back because she needs to move in to it. Why didn't she just hand him a 30 or 60 day notice to terminate his tenancy? Problem solved.
It’s freaking Las Vegas not Detroit
That's what I was thinking. If she needs the house back, don't even offer to rent it at all. You can just simply give them plenty of notice to find something else, and then she has her house back.
Idk about Vegas, but in some cities, landlords are required to pay renters many thousands of dollars when they want to move back into their own property. It's like getting a divorce, the landlord has to "buy out" the tenants. Maybe this owner is trying to avoid that kind of a situation, by just "encouraging" tenants to "decide" to move elsewhere.
Because the tenant didn't want to move and in a lease agreement not a month to month tenancy you can't just give notice. The rent raise was made unreasonable just to get them out. It's a logistical move they didn't actually expect to recieve that amount. It's just easier to get them out by raising the rent to an untenable amount
@@ajcarr1965 that sounds like BS to me unless they landlord breaks the lease maybe.
I've been renting the house I live in here in San Jose California from 2010 to 2013 when the landlord who owned the house was about to go bankrupt had to liquidate the properties they owned. The landlord who was a very nice person told me that the house would be put up for sale 3 months ahead of their bankruptcy proceedings. They asked me if I were interested in buying the house outright and I pulled the trigger and said yes but the greedy realtors wanted to list it to get more money. I ended up winning and getting the house. The house prices at the time were really started to go up in California but the help of my former landlord and the military CalVet loan, I was able to get it at a price close to my budget.
I'm glad you have your own home now, and that didn't get sold to some investors looking to turn it into a stupid Airbnb.
Lucky you
Good for you, you MADE it happen !!!!!!
Congratulations
I'm SO happy you got the house!!!! I LOVE It... and congratulations on being a homeowner. I'm VERY happy for you...GREED lost ...
HOMELESSNESS IN AMERICA IS GOING UP TO A SKY HIGH LEVELS !!!
This is simply to get the rid of the tenant. I know landlords kinda got screwed with the pandemic, but still, that's no reason to increase the rent by that much.
it was in the contract, tenant should have looked at the clause of the lease
@@danielmankinde1706 some landlords don’t let potential tenants review contracts tell the day you get the keys. Definitely understand your point.
I think so too. There's a lot more to this story that isn't being told.
Rental assistance helped them too. They probably got PPP loans they weren't required to pay back.
I agree, they just want their property back, so just find some where else to move to. Instead of going up like that, just say I want my house back, I'm no longer renting.
There is no good reason for rents to increase by 100% except for a system that allows homes to be bought up by investors and weak housing laws. How can you justify an elderly couple's rent increasing by 2,000 in a year. This is morally reprehensible.
Eviction moratoriums. Landlords are going to make up their loses, and build larger reserves in case of future moratoriums. The housing market is way up, so that means landlords can get the high rent. It’s merely a business for landlords, not a charity. Someone that is not a true investor doesn’t think like this, but it is all business to the landlord. People are free to move if they can’t deal with the increase.
This is one of many reasons that buying is sooooo much better than renting. When you buy on a fixed rate, no one is raising your rent. Sure, their might be property tax increases, but you’ll pay them as a renter as well, as that property tax cost is built into the rent. And any improvement that the landlord does to the rental is a 100% write-off on his/her taxes.
The word Morally reprehensible doesn’t even come near to how evil these corporate landlords are!
People were saying this would happen during the moratoriums. Mom and pop landlords are considered “naturally occurring affordable housing” the moratoriums pushed “mom and pops” out of business. Corporate landlords came in and run like a business instead of “mom and pops” which are nice people renting out their starter home or something. This is basically the consequences of the moratoriums and tons of people warned about it because the “mom and pops” could not withstand years without pay, but corporate landlords easily could. This is basically a reap what you sow and totally foreseeable.
@@laraantipova389: the moratorium was to prevent evictions. Millions of renters DID NOT stop making payments and in normal times, there is always a percentage of bad tenants.
@@eattherich9215 you are correct that is not the only reason.
It is part of the reason because lots of people were not paying and that forced lots of “mom and pop’s” out of business. It is undeniable that this was at least part of the reason for skyrocketing rents.
I don't believe for one second that the landlord wants to move back into her home. The property manager states the renter can stay as long as he pays the rent, which proves that this is about increasing the rent. Greed.
100% Correct. G R E E D
Yea, i guessing they are just copying everyone else to raise it so high as if the place is so big. because u add expense of water, trash and whatever else it just cost more for the place .
if you listen to him he wasn't paying rent. It's not greed it Karma.
Truth
not really...that money would got to house the lady somewhere else...
In my opinion, this is one reason why people live in their vans, live with family or a friend or live in a tiny house because the rents are outrageous and people can't afford to pay apartment rents!!
Everything is going up, food prices and medications. Smh, I feel more sorry for the seniors and disabled people who are living on a fixed income and can't afford the high apartment rents.
Not to mention people literally living on the streets or on a verge. This is one of the reasons why America has so many homeless seniors and veterans.
This practice is pretty well known in real estate. Landlords do this to make the tenant move out so he/she can sell the property. Prob trying to cash in before the market crashes.
If I wanted my tenant out, I just wouldn't renew the lease agreement. You don't need to raise rent to get someone out.
@Bryan Smith Yes, but if you have a lease agreement, then you can't raise the rent until the contract is up. Once it's up, you can simply choose not to renew.
@Bryan Smith just like the landlord is trying to force the tenant to do they can find another place to live until his lease is up. And no you don’t get to change the rent price mid lease agreement just because you want to move back in. I hope he sues the landlord and wins. And the landlord looses all their money and looses their house. Then they’ll know what it’s like to treated like shit and price gouged. Being old and disabled doesn’t give anyone the right to be a complete asshole slumlord to people just because.
@Bryan Smith not entirely true. Cuz if he paid 4 grand then all of a sudden her blind elderly ass doesn’t need to move back in.
Exactly. Perfect way to do it.
My grandfather always warned me about how lousy landlords were going to turn people into bears. He had an apartment complex he built out over a thirty year timespan. Was always reasonable with his rents and treated his tenants with care. Never had any real issues and always had full occupancy.
Exactly; it goes both ways. Tenants need to respect their landlord and pay their rent on time, but conversely landlords need to respect their tenants and not exploit them.
@Paul Smith You're right, it was. In that time and area of California (mid 60s to early 2000s in rural Fresno county California) that's the way it was. Not everyone has the same experiences but I still think the basic premise is true. Treat your tenants with care and be grateful for them and they will generally be careful and straight with the landlord.
My roommates mother had a tenant that stopped paying for 6 months. Said she didn’t have money. But it turns out she did. Destroyed the place. Out 6 months rent. She was a great landlord and the price was lower than anything in the area. It’s not always lousy landlords.
@@jamesbizs as a matter of fact there are a lot more bad renters than bad landlords.
@@fedupamerican296 This is probably true; it just becomes much more egregious when bad landlords are caught due to their status as property owners and thus are rightly held to a higher standard.
A lot of landlords use this to get the tenants to move. The owner wants to move back to her home, but in many states you can't just evict someone for that reason so she had to use what the law allows. I would have just told him I need the property back and given him around 4 months to find another. Most people understand that they are not the owners of the home and this is, and was, always a possibility
That's the case. In some other countries they have provisions that say that the owner can request to clear out with some notice to move in by themself.
Exactly.
Agreed! Unfortunately, you’re a decent person which this country is running short on these days.
Your last sentence leaves room for the 10% of renters everyone hears about.
Exactly! People also forget the abuse that landlords have endured from the federal government during the rent moratorium where they were not getting rent and were forced to allow non-paying tenants to stay in their property!
The shoe is now on the other foot. Landlords are exacting revenge for the rent moratorium. But the greed will be their Achilles heel
And I can’t wait for the downfall.
No, it won't. They are within legal guidelines.
RIGHT ON!
Didn't owners receive rental subsidies from the government during moratorium? So they weren't truly at a loss.
@@Cerez78they had too fill extra paper work the government made up made it a pain in the ass… I would of said FUCK IT GET IT…. Ill get someone else too pay
I talked with an Uber driver in Vegas last September when I was there. He said small apartments were $1000 before the pandemic and doubled after to $2000. I also noticed probably 80% of the staff at the casinos were gone after the pandemic. So what’s the reason rent doubled but the workforce of Vegas was annihilated
Rent becoming optional and nothing landlords could do about it because of COVID relief. People abused it. Landlords got screwed.
Let's go Brandon !! We winning this
The pandemic and the subsequent shitstorm that ensued happened under Trumps watch.
@@fernandgamboa2848 Rent moratorium began under Trump. Try again.
The democrats in the Congress created the CARES Act which included the moratorium on evictions as recommended by the CDC. Both the Congress and Senate passed it and Trump signed it into law. So ... there's plenty of blame to go around on all sides. Landlords should have been compensated. If an executive order had been signed ordering farmers to give away all the food they produced to the needy, wouldn't the public expect the farmers to be compensated. Otherwise, how do they survive.
LV will resemble LA soon with those who have jobs living in their cars and the unemployed living in the gutter
I got some news for you ...Las Vegas homeless situation has been equal to Los Angeles homeless situation for some time now
That's not true people with jobs are living in cars as well because the dang rents are too high people need to just try and buy their own house because this is outrageous. Most jobs do not pay enough to afford the unreasonable rates of rent.
@Michael McClelland Naw, as someone who moved from L.A. and has been living in Vegas for the last 2 years.
I still go back and forth between Vegas & L.A. at least twice a month and Vegas doesn't compare when it comes to L.A.'s homeless situation. It's bad but not as bad.
@@triggatrevor1849 I'm from the *LBC* and I've been living in Las Vegas for close to 20 years, and I still have family living in SoCal, and I respectfully disagree with you
@Michael McClelland So when was the last time you were in L.A.? Not L.B. but L.A.
Show me where in Vegas you have places that mirror Skid Row, McArthur Park and Echo Park prior to it's recent clean up?
These landlords are going to be ticked when they see all the homeless encampments in their front yard and the government does nothing. That’s what they get for being greedy.
We charge the going rate and base it on what our costs are. Don't blame us.
@@crand20033 don’t be mad when you don’t have any tenants to rent from you and you have no income coming in 😂
@@dionned.6176 He going to be running to someone for help saying he going to lose everything lol greed is evil
@@crand20033 Who determines the going rate? Stop it, you can charge whatever you like and keep a good tenant for years, as opposed to charging something ridiculous and going threw the tenat search again. Greed is all that it is.
@@dionned.6176 I definitely won’t rent from him if I had the chance..
Been at my complex for 4yrs now. My rent was $1350 just last year. When I reknewed my lease this year after the pandemic it went to $1800. For a 2 bd/2 bath apt. I’m moving next year to a different state. Vegas nor the complex has nothing more to offer to be charging $400 extra rent. A lot of my friends and coworkers are leaving Vegas soon as well. I’m from CA and these prices are damn near close to San a Diego prices but atleast CA has way more to offer. Beaches,Amusement Parks, Zoos,Museums, Carnivals, Parades etc. It’s ridiculous.
If she wants her house back can't she just tell them we aren't renewing your lease. Seems raising the rent isn't about getting the house back. It's about GREED
You can’t simply kick out paying tenants even after the lease is over unless there’s applause clause to. In which case they didn’t have any. They wanted the home back but they have tenants inside that would’ve taken them to housing court and the judge would’ve ruled another lease agreement. The only thing they could’ve done is raise the rent to drive them out.
Housing Court never heard of it. I will Google that indeed.
Exactly smh
This is actually Horrifying.
I've bought a condo back in 1984, it's been paid off for 12 year's now, however, I get investors wanting to buy it even though I NEVER put it up for sale. It's CONSTANT!!! I tell them all I can't start paying rent at my old age, I don't make the money I use to like when I was young. They don't seem to get the message or even care if I wind up in the street & homeless.
I purchased a modest 100k condo in 2020 - weeks before pandemic closed city. Did 15k remodel. Get letters from private citizens and realtors who want to buy it - looks out on water as well. NO WAY. I put 65% down on 15 year mortg. I'm paying off in 3 years. 10 payments to go!!! My old apartment rent went up 600 / month in the 2 years I've owned this condo. I'm keeping it in the family as a safety net for loved ones. Totally agree with you - you can;t be paying rent in elderly yeas. NOT safe!! Loved your post.
Same I have a few houses and every single week I get multiple people trying to buy them. I just had one left yesterday. They rolled up a flyer and rubber banded it to my screen door.
Just ignore them. We receive offers all the time for our house, I just ignore!
@@travelnomad2128 they're worst than telemarketers, you would think if you didn't put it up for sale that you have no intention to sell it.
Yea, what’s with that.
be 44 years old, making 15 dollars an hour... rent in the area I'm at is well over 2k a month for 1 bd even in the bad parts of town... having to live with my mother at this age is embarrassing.
I know landlords are trying to make a living, too, but DAMN!!! They're doing the most!
Ikr. 🤔
If they were trying to make a living maybe they should get a real job
@@rotanddekai7503 Some small landlords do have jobs, whether full-time or part-time. I know because I have a landlord who also has a job. As their real estate businesses start to take off, they wouldn't need a job anymore. That's the beauty of real estate.
@@sandrazollman550 you have no idea what someones plans and portfolio holds how dare you say something like that.....get your own assets if you don't like it.
@@rotanddekai7503 investing in real estate has a great return on you investment....it's a great job.
How do they expect people to live? To get approved for a place you have to make 3 times the amount of what the rent is so if they're raising his rent to $6400...he has to make 3times of that amount in order to get approved!!! This is ridiculous....this landlord is being disgusting and evil....this is why soooo many people are homeless because they just give up.... there's no winning
well you don't have to make 3x the amount if you do you pay less of a deposit and if you don't you pay higher deposit usually double and usually pay slightly higher rent
That is so true and there are a lot of people that can't come up with the 3 time's the rent or have good credit, it was never like that when I rented. I look at it this way as long as they can afford to pay the rent what does it matter. I feel for the younger generations that's why I am going to make sure my kids have a place they can call their own when I'm gone
@@darlenesams3274 my husband as I added each of our kids to credit cards to help build their credit so that by the time they graduate they will have great credit. My 20year old is working and saving because our plan is to help her buy her own home ...so she will move out of our home into her own home. I don't want any of my kids leaving home unless they're financially stable to make it on their own. 💜
@@Dgafsranger not in Atlanta
@@serendipity0628 then some of your kids may never leave your home. But you can charge them rent.
You have a right to raise the rent but not abuse it
sounds cliche, but with great power comes great responsibility
@@MegTelevised exactly
@@MegTelevised This is what you get when you SCREW landlords with eviction moratoriums. Karma's a bitch. :)
@@midnull6009 definitely for all of us. What you give is what you get
Its not abuse, you just arent looking at it objectively
Our caregiver's family in LA was just hit with a 1,000 request increase from a landlord she's had for 25 years. So she qualified for a mortgage (mom's income and mom's rental) and just moved into her own place (with mom) last weekend. Now the landlord (I don' know the guy) is going to have to come up with a renter for the premium amount. He'll be underwater real fast. I ThOUGHT the guy had deep pockets: his house, the previous rental house he's owned, plus the new house. Maybe not, but we're not going to be funding his bad decisions. his loss.
My rent recently went from $950 a month for a tiny one bedroom apartment to over $1700 a month with minimal notice from my leasing company. They're well known for being scummy as hell
Ya rent is getting stupid now a days.
1st it was prescriptions now it’s rent. I thought it was going to be toilet paper next.
rent being so absurd made me decide to buy. I was renting the same property for 4 years, my move was abrupt so it came as a shock just how scarce available places had become. I was just "over qualified" for many of them and under qualified in reference history. It was easier getting a loan than finding a decent place to rent.
The few that responded had a multi month waiting period.
@@dbased1915 that's pretty much where I'm at right now. My parents have a home worth over 800k and their monthly mortgage is less than my rent. Yet after paying my monthly rent at the same place for over 3 years I somehow still don't qualify for house payments at almost half the cost? I don't even know what to do. I feel beyond trapped in my current situation and can't even afford more education to better my career/salary
Same thing is happening in Orlando. They are doubling rent prices when renewing the lease.
I'm a landlord and what I don't understand is, if they want the house back for the elderly owner to live in, why don't they just give the tenant the proper notice to vacate? They even said they are raising the rent by a ridiculous amount bc they're trying to get the tenant out. The lease should have provisions for the owner taking back possession of their property. Then they wouldn't have to do these shady tactics like hiking the rent to an unpayable amount.
The video says what happened.
The lease was up in Oct.
These were the new terms for the next year.
Eviction notice was issued.
It is now May. Why is the squatter still there? If you dont have a lease and not paying rent, that's squatting.
I did thousands of financial plans with people. There were those that really were squeezed and didnt know the state of their finances.
Many, however, hated the fact that pointing out they were living beyond their means by using credit to meet their wants, was not sustainable.
Cutting their want, and meeting their need, was often possible.
But, they wanted THAT lifestyle so they went into debt to have it.
What bills are being paid aside from rent?
Want a clear picture? What's their priorities? What gets paid first?
Why are high school grads moving out and finding a way to live when grown adults who have been out cant? How do HS grads earn the same amount as grown adults?
Choices, choices, and choices.
Probably because it's Los Angeles, where Democrat policies likely make it very hard to get rid of tenants when you *need* to. Democrats love to side with parasites and criminals.
@@frpgplayer high school grads usually have or get about 3-4 roommates to split the rent while in college working, so the burden is split between 3-4 people. But when one person if paying the bill this when it becomes a burden, I understand what you tried to convey but that person probably can pay rent but why would they take there life savings to start paying a ridiculously amount in spiked rent.
@@frpgplayer lmao if my landlord did shady shit like that id squat too and when it finally cam time to move out id trash the fuckin place . Well deserved on the landlords part in my opinion .
@@frpgplayer this is a shitty situation all around: The going rents in LV would've made this tenant have to pay $6-8000 to get into a house with the raised rents. He's been put into a shitty situation and there should be more help and policy to keep the rents reasonable, and there should be no problem if someone wants their property back... I'm sure the guy and his family could cut some corners, everyone can, BUT why should he have to move out at the worst time in rental markets? This was months ago and I hope everyone turned out ok, but also why are you picking on the victim here and not the possibly lying landlords? if you're gonna go to bat against someone but not the other you can't be an unbiased opinion.
but I'm just not a fan of talking shit about a victim in the first place.
In South FL, my rent went from $1200 to almost $2700 a month during the beginning of renovations from New owners at an RV community!!! They lost over 200 tenants for their greed.
Less work and more money
Good hopefully they'll never get tenants
RV park charging 2700. This is ridiculous.
I’m sorry to hear that! My home state has become a piece of shit sadly to say! I grew up in North Miami, I left the state after my rent went from 1500 to 3800 per month!
THEY DO NOT CARE!
They need to get rid of renting, and turn it into "owning." Even if you live in an "apartment," you should have equity to "own" that place or move up, signing a mortgage, not a lease or rental agreement. My last landlord doubled my rent, then evicted me, after living there and taking care of the place for eight years. Didn't even talk to me, just posted a notice on the door. Thirty days and I had no place to come home to. It's no wonder that people are homeless. 💙 T.E.N.
Right on! Outlaw renting! That should solve the housing crisis!
@@briant1319 right! Lmao
Wtf would anyone buy a house and rent it out if every renter got ownership? That’s a raw deal for any landlord. Rent would triple over night because of the added risk to the owner. It’s that simple.
I didn't say ownership, I said equity to own, which would increase the number of people who can buy a home instead of having so many people pay for nothing. The landlord gets their due, but anyone paying "rent" automatically qualifies for a home. The best example would be a friend of mine, who was already paying $1,450 a month for rent, but wasn't allowed to buy a house for $895 a month because of his credit rating. "Renting" as a "concept" is a bad thing, as everyone should own the place that they call home, which is an ideal that would take a total revamping of society and humanity as we know it and would be beyond the comprehension of most of the people that I know, especially the people that make their income from renting. It could be the subject of many papers, I'm sure, but it is hard to even imagine what society would be like if everybody owned their home, as current day values, morals, and thought processes would have to completely change for that to happen. Think world peace mixed with no wanting or need and no greed or avarice. It isn't right that many humans work hard and pay their whole lives, just to end up with nothing, but I doubt that we as humans can achieve a utopian society of everyone having a home without altering our complete way of thinking and living, so nobody would be buying a house to "rent" it out, and it isn't outlawing renting, because that "concept" wouldn't exist. 💙 T.E.N.
@@tracynation2820 wtf are you on? Your first statement said turn renting into owning. The rest of what you’ve written doesn’t make sense. Why would anyone build a house if they aren’t going to make money off of it. Millions would be homeless or living in shantys. I know I wouldn’t invest my hard earned money in real estate with no or little return on my investment.
This is always the risk of being a renter: you're at the proverbial mercy of the landlord who is allowed to charge what they want. Lesson to all the young ones: study hard, work hard, save your money, and buy your own house so you don't have to experience this...
And protect your CREDIT!
Forget that putting all the burden on the young one. How about you older folks who own homes vote to fix the laws and stop being so greedy. Stop putting all the responsibilities on the young people. Young people can work 6 jobs and it wouldn't make any difference if there is no rent control or limit. This is affecting everybody not just young people. Affects fixed income folks like seniors.
As if renters haven’t done this. They also do this with property tax making mortgage unaffordable
@@youaregoingtolovethis facts
Work hard, save your money, and when you finally save up enough money to buy a home…housing prices will be 20% above market and your down payment will get you a nice RV to spend the rest of your life in!
A person who is renting a $1500 apartment cannot afford double or quadriple the price. And they know that.
They cannot afford 1500 either because this tenant owes $37,000 in back rent.The tenant must know they cannot afford to live there for free.
The wages in this town don't support charging people these kind of prices. The land lord will end up with multiple families living in a house trying to survive.
I think they are just lying, and want to flip it.
@@michelesmith2620 then why not just not extend the rental agreement? Makes no sense. Not like the owners have no right to let the tenant know they can’t rent the house out any longer when the contract ends.
Living in someone else’s property makes you vulnerable to situations like this. Corporations buying up residential properties and inflating prices is ruining the real estate market.
I bet all in, That the owners of the home, will place the home up for sale as soon as the tenant leaves... The entire homeowner is blind story sounds like complete bullsht to me..
Right, I guess the old blind woman has not been living somewhere else all this time.
but its her house isnt it.. he can also offer to buy it
@@danielmankinde1706 My mom just sold her home of 19 years in Vegas for an amazing price, but the home is beautiful & well worth it. That home this tenant was living in is literally a small tract home with a .09 acre. Those neighborhoods were constructed for cheap 1200sq ft housing. It is always more profitable to rent these shoebox homes.
So it’s not even the landlord who’s raising it? Sounds like a greedy older daughter 🙄
I wouldn't be surprised if the landlord being an old lady going blind being true...but is incapacitated and has unscrupulous children/grandchildren pulling the strings on her rental properties.
So?
That’s assumption not facts
@@dcg590 I just read your page and comments you act like your shit don't stink 🦨, GTFOH lady your crazy and a racist with plenty of racist views, all anybody with a brain has to do is look at your comments to know who you are... F*** you *Do is all a favor and wash your mouth out with buckshot
Mine went from $1800 to $2300 until finally they wanted $2800 for the renewal and I left. This is out of control and makes even less sense when new tenants can pay less than a stablished one.
thats 3x's my mortgage on my 2 flat
@@peacefaith560 Definitely a mortgage would cost me less than rent. One day, hopefully.
The Landor’s bills do get high as well , but some of these rent raises ., is unreal ! GOD help us
Landlord wants her house back. Is raising rent the only solution? Are there any other ways? 🧐
They want the property vacated so the elderly owner can move back in? Few questiona arise is my mind. What is the elderly owner's current living situation? If they move into this property, what happens with the current property occupied by said elderly person? Does this "property manager/relative" (Greedy slob looking out for their own interests) gain the currently elderly-relative occupied property for their own agenda? Also, leases always include (at least a reputable one) a minimum timely notice shall be provided by either the landlord/tenant regarding lease re-/non-renewal. Usually 60 days in standard. (As well as common courtesy.) They already know that properties in that area aren't renting for anywhere near what they're asking. So why the dog and pony show? So why not just decline renewing the lease and providing the tenant with a reasonable notice to vacate. Remember, Karma is a b>/"h. How would the PM/relative feel if they were a tenant in this situation? Remember that old saying.... Do unto to others....😄
They can just refuse to renew the lease
@@jessicabixler1658 Yeah. That option was mentioned about 6 lines ago. 😉
She wants it back. That is why she is pricing it so high.
@@ajclark809 maybe it’s to be closer to family in her elderly years. It’s HER house. She don’t owe this guy an explanation.
I had an apartment in an "ok" part of town that was $795 in September 2021 and when I moved out in April 2022 it was $1350. Oh, and zero raises at my job.
All the excessive printing these past 2 years just gave more money to the property and asset classes, and further diluted the working / average class, dreaded K disparity.
A raise wouldn't help you anyway.
We get so many minimum wage hikes in California that I am now very close to minimum wage.
My wages were automatically hiked twice to keep me above the minimum wage.
That's how fast it raises here.
And every time the minimum wage goes up, the price of living goes up as well.
It's a never ending cycle of bullshit
You better learn to house-share because what you have described is not the landlord's problem. They are not a nonprofit charity.
And Inflation up 10%...gas prices nearly doubled.. it's amazing anyone can afford anything these days.
@@jeffalbillar7625 I get that. $15/hr 2 years ago is the same as $17/hr now with how things have gone up. It's almost like working class people need to make $25/hr just to have some sort of quality of life.
Remember the recession?
When ppl started abandoning & destroying the properties
If landlord's keep doing this, it may return?
Exactly 💯
It's not fair but these things do happen because of things like this.
Or people destroy it just because
Destruction of property is a felony. As landlord, I will pursue you to the full extent of the law. I have more resources than you and I'll financially bankrupt you with legal actions if you damage my properties.
@@jessicabixler1658 True.
@@endqualifiedimmunity754 It's "destruction", not "distribution". What you need to "pursue", is proper grammar!
Why doesn't anyone state the obvious GREED is the real problem If the city wanted to fight back on this problem just raise the taxes 300% the homeowners would be livid. The average families are barely scraping by. It's evil and greedy!
I honestly shouldn't be surprised how humans can become so souless and full of pure pure greed. I hope the person suing gets his justice.
he will get evicted, and if you are a landlord you will never rent to him
The letter from the landlord has exposed the landlord selfishness and karma is real. SMH
@Thomas O
Raising somebody's rent is not selfishness. This is a good way to keep up with inflation.
How do you know? Sounded to me like the Tennant didn't pay their rent for a year and a half
@@timtebowfan628 you know her lawyers are behind this greedy bs and they know the housing market prices are exploding. Just stop already!
@@tbiz3239 It's the ladies home. And she wants it back. She owes no one an explanation. Simple as that..
Karma is very real.
I’m so happy I don’t rent....I feel bad for so many who are being evicted. This is horrible. I work in home care and I’m worried bout one of my clients whose 70 years old and might be loosing her apartment cause landlord wants to sell the apartment building. Plus there’s a woman who lives above her who has cancer and caring for her two young grandkids.
Before 3:17 I was saying to myself “it sounds like the owner wants the house back, or wants to sell it. The raising of rent is a tactic to get the tenant to move out”
yeah, don’t want to be stuck with the bag when the market comes crashing
its clear in the report.... ELDERLY LADY Going BLIND..... she wants to live in her home again.... asked renter back in december to move... sounds like renter refused... so rent goes up....
@@HR-rt9nh right, they mention that around the 3 minute 17 sec mark. But from reading the caption and listening to the first few minutes I pretty much gathered the owner wanted to move back in. And the 3:17 point confirmed what I thought. I was just pointing it out.
Supply and demand, and "American greed" the demand for rental property is extremely high, interest rates will be rising to over 6% in the coming months. A lot of buyers are turning to rental And the greedy landlords are eating it up. Congress needs to pass a law to stop this price gouging fast or it could get ugly
@@jf5505 interest rates have been over 6.5% for a bit...
🤦🏻♀️ Talk about price gauging.
"Gouging"
This is beyond insane‼ where are the politicians who are supposed to work for the people??! None of us are getting raises to match these sky high ridiculous demands in rent ‼
They only work for the people during election season.
@@ChiTwnCutie time to vote every one of these maggots out of office.
Immediately in November
The mistake we make as voters is doing the work of the people who reap the benefits of these Politicians. As citizens we should be lobbyists, instead of voting for the people the lobbyists want us to vote for.
They're playing golf !
Wrong. The govt has no right to be in a private contract -tenant/ landlord. Politicians are out, and when they’re in what happened? Eviction moratorium, now these are the consequences
We living in a Senior Apt, the Rent been going up everytime we have to resign the lease.2 bedroom went up this year over 200$,1 bedroom 100 $ ,this year I heard it will go up 165$ more that be over 1200dollars carpet is 10 years old everything is breaking down, trees are Dead. Old people can't afford it. Something needs to get done the building Las Vegas Nevada for the Rich.the Landlords are greedy no Heart, they do not care people living on the street. Thank you
Get the message, the landlord wants this tenant out of the house.
Time to pack his bags & get out!
Simple. Why is this news
@@wileecoyote5749....without rent control in NV is just to show the tenant's stupidity.
An armed bank robber wants all the money in the bank. Same thing. Want has nothing to do with it. Where’s the decency and humanity?
@@ritacampbell3833 ..That's where your wrong. If the property owner wants their property, they shouldn't be forced to rent it out or lower it to a price suitable for the renter for decency & humanity. I'm sure someone wants the place you currently living at, you willing to give it up or rent it out so they (tenant) fill it's worth? II didn't think so🙄. Tenant needs to leave immediately. The landlord owner is elderly and needs the place according to the news clip. Also the tenant was behind during the eviction moratorium.
He got alot of humanity/compassion during that time.
there is definitely more to this story.
it seems like the landlord wants to get rid of the tenants.
There's always three sides to a story...the third being the truth!
I agree, something it really missing here.
He should move. I know it's tough, but life is full of obstacles. She wants to occupy her property again. It's her right to do so.
I hope he finds a better place to live. The best thing to do is look at this as an opportunity for a better future.
He’s just to lazy to leave the party town
Ya if I owned a home that I had rented out and found myself in need of needing my home back I would hope the renters would be cool enough to just move along, I’m sure she tried the nice way at first and asked him to move along, by leaving it in a clean order like when he moved in he would get his deposits back which would help with the cost of the move.
Lol there are other options. The first one would be an open line of communication… giving the tenant some notice and letting them know that the owner needs the home back for whatever reason.. that could have avoided this ridiculous situation. The second option is to simply file paperwork to evict, allow the tenant to respond & get their affairs in order so they can get out without any problems.
Point being is that there are other options .., this one in particular seems like a really stupid way to go about things. It’s just ridiculous
She should have waited till his lease was up.
@@01jbeals The landlord DID file for an eviction.
It’s a free market. If rent gets too high, people won’t rent and prices come down. There’s a benefit to saving your money and buying your own home.
Many states have a cap on how much rent can be raised. I think it's 10% in California. Nevada has no such laws so landlords just have to give 60 days notice and can raise it however they want, so I'm not sure what this guy is going to be fighting.
Go to the 2:22 mark.
Dang I'd be happy if Michigan had laws on the books about mold in rentals. I've called everyone from the city to the state about the black mold in parts of our apartment building that we all use. They just keep increasing rent and allowing the basement to flood over and over again. Basically every time it rains more than a little bit. 😩 Renters deserve livable conditions.
If it’s a private owner in California, there’s no cap whatsoever. Scary.
@@OhanaLulu Depends on the city.
@@taylorbug9 they do. If there's mold it's not upto code. Your city inspector is terrible at their job!
I don't get it. Does this person rent month-to-month or have a lease? If the landlord wants the house back then just don't renew the lease. Let the current tenant stay until the end of the lease and instead of renewing it just terminate it so the renter has to move out. As for the rent increase, if there are no laws in place to regulate increases then that's the end of it. Property owners have the right to raise the rent as they see fit. If you can't pay it you move. That's what renting is.
This renter is on a regular lease and the landlord filed for an eviction on them.
There should be law where owners can't raise the rent more than the cost of living annual increase. Homeowners who rent out their properties
right now are just greedy.
Why? Why should that be a law? If people can afford that rent, that is the market rent. If no one can, then the landlord loses money. After a year of landlords literally being required to let people live in their homes for FREE, you have the nerve to say we need laws where owners can’t raise rent??? No one forced you to rent that house, in that area.
That's what's known as a rent controlled district and one of the reasons prices in NYC are so insane. Landlords jack the prices up front because they know they can't raise them at the rate they want.
Spoken by a person who undoubtedly never owned property or signed the front of a check.
1) Not all landlords are "rich". They have to maintain the property, make repairs, pay property taxes, etc. .
2) The rent moratorium allowed a lot of tenants to take advantage to not pay rent when they otherwise could. I know a fellow whose tenants did exactly that and told him they didn't have to pay him anything! Another tenant sent her thug son to threaten him because she could pay but tried to weasel out and he tried to legally evict her.
3) The property owners never got a moratorium on their costs! Whether or not the tenant paid they still had to pay the mortgage, maintainence and property taxes. Some just could handle the strain and sold out.
4) As someone who grew up in NY and is well aware of what happens when rent control is invoked, I can tell you it's a disaster. During this mess, lots of people and politicians were throwing the term around like it was a viable solution.
5) From what I understand, this guy is a grifter who also took advantage and did not pay his rent. The landowner wanted him out and had every right to get him out. He had the nerve to cry on camera about how unfair it is that he can't afford rent he chose not to pay. He even admitted he had lousy credit and had trouble getting another place. Then some woman comes along and finds him a place. I can't wait to hear if she decides to evict him eventually!
6) Ultimately, the market drives the rent, but many corporate owners (as opposed to private individual ones) are the ones raising rents to ridiculous levels (see Blackwater). In some cases they buy up entire neighborhoods and leave them empty.
And the amount of rent should be capped within a certain amt very close to actual monthly cost. I also believe that same theory should be applied to buying a house as well. And it should be even across the entire nation, no more what i call geographical discrimination.
But these people just want their place back and are trying to be nice by not forcing an eviction for him to have on his rental history. Why isnt he being respectful back? An elderly blind lady, they shouldn't have to say any reason why because it is their property, but now that they have he's just exploiting the elderly and disabled. To me, this shows more about him than them on any level. And thank you sir cause it doesn't matter what it is i dont want to be involved w any part of you, people who cant take no are scary dangerous.
Landlords are acting like pure dogs now. What has happened in this world? The amount of greed is just cancerous
So, in other words, raise rents to a point where the average person has to move out because THERE ARE PLENTY OF PEOPLE LINING UP TO MOVE IN AT THE HIGHER RATES. Sure.
They're called Californians. Wherever they move, rents go up.
@@bonniecurrie4906 Fucking parasites, Californians.
@@bonniecurrie4906 can’t hate Californians for having cash. It’s the renter that has the issue. Greed!
man if I'm going to pay that much for rent I might as well just buy a house and put it toward a mortgage. that is absolutely ridiculous.
How many people can afford to get a $350-500k mortgage.
@@fatmanchew909
The average household couldn't get a bank to approve a loan on amount and today rates forget about it
People can’t afford it man that’s the point of why they’re renting clown
You can buy a mansion with7k per month.
Then why doesn’t he? Oh that’s right because he doesn’t want to leave
The Landlord must have lost hundreds of thousand dollars from gambling. .(casino,stocks,bitcoin,etc)
It’s legal but doesn’t mean it’s right. No one will rent it. Period.
It’s seems she wants to move back in which is why she won’t even accept the money voucher.
I’ve rented the same apt for 8 years. I had an awesome landlord, then she sold the property a few years ago. The new owners suck. They raised the rent like 4 times in a bit over a year, while taking worse care of the property. I’d move but I hate moving more than anything on earth, except maybe mayonnaise.
Might wanna leap over that moving phobia soon buddy
No one cares G
Not a phobia, some people just get attached to where they live.
@@HighFiveGhost50 yep that's a phobia. You're avoiding moving because you're too comfortable with where you are even if there's more options.. Phobia can also mean having an irrational aversion to something.
Then you have nobody to blame but yourself as NOBODY is FORCING you to rent that house.
This is a huge reason we have so many homeless. No one is talking about the working class not being able to afford basics, like housing. And not to mention people on fixed incomes like elderly, disabled and retired.
Exactly they equate crime with homelessness, but what are people supposed to do ?
@@silkyrobinson5079 while I feel for everyone during this financial crisis which is the result of shutting down the economy for 2 years, landlords have really taken a hit as many of them have been denied rent and stripped of their right to evict tenants during this entire pandemic. The answer is never crime! There's no excuse for it.
@@justtryme2020 there’s no excuse to price gouge people just to have a roof over their heads. Yes landlords may have been hit by the pandemic but so was everyone else, most people actually went under and couldn’t pursue their own businesses anymore. Landlords are not entitled to good tenants and they will never get any raising prices on people and having no regard for humanity. It’s sickening.
@@CAsnowman actually Landlords were the only citizens forced by the government to allow people to remain living in their private property while paying nothing for 2 years! Most people who are renting found the pandemic to be quite profitable with the multiple stimulus checks and extra unemployment every week! That's why it's been so hard to get people to work at lower paying jobs since the country has been starting back up. The owner in this story doesn't want to have tenants! They want their property back and have every right to it.
@@justtryme2020 I dont agree with that unconstitutional rent moratorium either but it doesn’t give them the right to take it out on the next tenants or whatever.
What the people are really saying is, "We want our property back." It's unfortunate that they didn't give this man more notice. I'd be renting myself a storage unit and finding a cheap hotel room until I could find something affordable. Seems like it's getting very tough for renters. Sad situation.
Most people didn’t watch the entire video and just assumed it was an evil landlord. Not an elderly lady going blind that needs her place back…
Agree with you 100% it is hard for renters but not impossible. He just doesn’t want to move cause he’s lazy especially if chap is willing to do $3000 in rent.
Wont b suprised if a renter just snaps on a greedy landlord and makes headline news.
You're kidding right? They literally said the elderly owner wants her house back yet you comment as if you "read into" this deep "conspiracy" with your use of "quotation marks" they are simply using the only way allowed by law to get their property back. It's a shitty situation but so the fuck what. It's her property. More notice would have helped when the tenant has been not paying and fighting it for 6 months......yeah the logic is strong....OR you don't pay attention to facts, you act off of emotion and comment without knowing what the fuck you are talking about. Cudos to you, you are part of the problem.
It's getting tough for home owners as well. If the rent is too high he was given 60 days notice of the increase and he can move. 🤷♂️
@Pork n jeans where? The most undesirable place in the country?
Greedy
I moved into a 2 bedroom apartment recently. When I wasn’t aware of the rental market being raised. My leased ended on Dec 2021. I was paying only 1200 a month for a 3 bedroom apt and I decided to move because I wanted to be closer to my kids in the east mesa here in Arizona. Not knowing the market rental price I had a hard time finding the right place for the right price. As studio apartment in a good area will cost around 1200-1500 a month which is outrageous!!! I finally found a place and a landlord who’s willing to work with me for 1459 a month which included water, trash sewage but total cost of move in for me was around 3500 deposit plus 1st months rent. Only issues was the tenant was still living in it. So being homeless with nowhere to go.I had to waste money on Airbnbs costing me about 450-500 weekly for a whole month. Shit sucks I had a good apartment and downgraded to a 2 bedroom and a lot smaller. Either way they would have raised the rent on me as well if I extended or continue my lease.
I moved to AZ in like ‘03 and I remember how inexpensive it used to be as a kid. I never thought that rent or home prices would be this high 😆 I currently rent a 2BR for $1800 a month 🥲 and it’s just regular, not even a fancy loft or anything 😂
@@girlwithguala4794 I moved to AZ around 1998. I was 13 at the time. Didn’t really remember much how much everything was but I remember gas was only 89-99 cents a gallon. My mom bought a brand new build house for 135k in 2002 prior to that we were living in a nice 2 bedroom apartment near 59th ave thunderbird and was only 400 a month. Yeah even shit apartments now be costing way over its not even worth it.
I signed a 6 month lease in summer 2021 in Mesa for a 1,700 one bedroom apt. The manager offered me a new one year lease in Jan 2022 for $2,600/month., or $3,000 month to month. I had to move out of AZ and quit my temporary high salary contract job.
@@rampar77 where in mesa? That is insane 1 bedroom for $1700. I know it gets a little bit cheaper in west and central mesa but those are the bad areas of Mesa. It tends to get a bit nicer towards east part. Where rent can exceed over 2-3k a month..
Nobody’s fault but your own you’re an adult and you should have figured out what was going in the rental market right before you decided to up and move can’t blame nobody but yourself for downgrading yourself
Even with increased expenses I feel this landlord is at a money grab knowing others are doing it and they can too/ trying to get the rent + get money for them to get another place if this is about having the home. They didn’t go by the 100% and chap did offer what was in legal binding of a lease which the homeowner decided to decline , by $5000… that is absurd and if you’re stating that this is basically over wanting the house back due to medical reasons, say that. Tell the tenant that and that the lease will not be renewing, don’t say $4000-8000 or get out if you can’t afford it , basically forcing them out.
Where is the woman living now? She clearly has another home. I think she and family are just trying to capitalize on the ridiculous current housing prices before they crash, so they can flip it.
Yeah, if the owner wants the house back, she could have just give 30 days notice or however long the law says, to the tenant to vacate.
@@travelnomad2128 but they don’t leave! This guy owes her 40k! I’d want him out too!
That's why as soon as we can afford it 13 years ago, we bought a house rather than rent cuz we know rents go up all the time!
I have lost so much since rent went up.. I am going to have to lower my.living ways.. widow scared trying so hard to keep the food in the fridge and cupboards plus medical etc.. no car no new nothing.. Trying so hard to keep my head above water.. there are other options and I will take advantage of them.. this is disgusting with rents.. where I live nice staff asst mgr and do on.. In distress with rent hikes. My life is upside down at the moment don't know what zip code I will be at down the road. My heart goes out to the ones who had to.leave their homes.
Wow, just wow. This is why I still abhor renting even though I have done so throughout my 20s. Paying rent is still akin to throwing money down the toilet, and it is beyond worse these days. My mortgage is only $750/mo after recent refi for a 3bd/2ba Two car garage home.
Where do you live?! I cannot even get a house because where I live the houses are astronomically priced.
@@tiffnym Southwest valley, Warm Springs/Durango. Bought in 2013.
I've worked hard my whole life. Bought my first home 2 bedroom 2 bath back in 1995. Was half of what I was approved for but I knew there work be tough times over a loan that long. I sold it in 2017, and paid cash, a fixer upper.
Still in my home and glad I made the decisions I did. My home is now worth 3 X what I paid for it, just due to appreciation. My taxes will more than double next assessment. My hazard insurance will follow suit. My utilities are going up, along with gas and groceries. Instead of griping and complaining why don't people simply have some common sense. Everyone needs a new car, an expensive phone, new clothes, an instagram ready home.... priorities.
most of us are denied loans
@@AnimeShhiinBlender69 Funny, I remember during the O'bummer administration, they were giving money away to people who otherwise shouldn't have had loans! No surprise when those people bailed out of bills they could never pay!
This is happening all over America to renters. It's due vengeance and greed!
*Supply and demand
Wadnt happening when trump ran things. This is because of bidens policies.
You neoliberal pigs make sure that border is open during a climate crisis. It's not like societal collapse is possible.
@@Oc0712 *Greed and lack of morales
@@kennethober9070 you’ve never worked for a REIT, don’t understand macro economics, don’t understand the fake fiat monetary system, don’t understand money in general. Get out of your feelings and think logically not emotionally. Your low iq is showing. No matter how much you virtue signal you’re not any more moral than anyone, you’re not more virtuous than anyone, regardless of what you think of yourself. Get off your high morality high horse. You live in a glass house as wel
If the landowner wants to move back into the house, then end the lease. Otherwise the "reason" sounds just like a pretext intended to try to gain sympathy or act as justification. I find it hard to believe the landlord had to go this route.
Exactly. She didn’t have to go this route and obviously didn’t want her place back that bad as she said she would let him stay if he paid the new amount. All she had to do is say “hey your lease is almost up I decided to not renew your lease you have ___ days until the lease is up and you need to be out by that day” and it would’ve been 100% legal and made sense.
They had to have an excuse not accept his rental assistance.
That’s ridiculous , I hate areas with no rent control , that’s so freaking unfair for people!! 😡
I think it's wrong to do that too someone that has paid their rent on time, that's going to come back and bite them in the end. It's total greed to me.
I hope people boycott this landlord.
He hasn't paid for almost 2 years. 37k. He's a scumbag upset his free ride is over
Price gouging unacceptable!
I do feel bad for renters I own a rental home and I charge below market for my rental a few hundred dollars less than market and I’m happy I’m not a pig and I’m hoping that when I die God will remember the kindness that I showed to other humans
You have a good heart my friend!
You are a rare gem.
Plot Twist: There is no God.
At least you have a conscience! And aren't driven by greed like other landlords you have compassion!
You are lucky you getting rent .
" This is totally "SHAMEFUL," to charge this much!"
" OUTRAGEOUS!"
Yet if you owned this place, wouldn't you charge as much as you could get?
I feel bad for both parties. Many landlords got screwed out of rents because of the moratoriums and many responsible, hardworking renters are now getting screwed by the actions of others. Everybody is suffering from the Sisolak shutdowns.
Sorry, it was pandemic shut downs.
@@Stormie_LV *"Sorry, it was pandemic shut downs."*
Nope. Some states didn't lock down at all (Iowa). Others locked down for a very short time and immediately reopened (Florida, Texas). Nevada was one of 11 states that had very draconian Coof restrictions-- restrictions that Stupidlak didn't follow himself.
Besides, the whole Coof narrative has completely cratered. Even the secular media is starting to suggest that the lockdowns did more harm than good. Sorry, but Stupidlak completely owns this situation.
I bet she got a PPP loan she didn't have to repay and rental assistance went in her pocket.
@@ShannonsBibleStudy ppp doesn’t work like that. Rental income does not qualify as payroll.
Lord have mercy!…no wonder we have so many homeless!
And then these same people like greedy landlord complain about the crime in their cities. What do you think causes people to commit crimes?
Yes exactly
Most of the homeless are actually drug addicts who refuse to get clean and find a job and fit into society. Many were bussed in for the last election from LA and are littering the Strip while they OD in front of billion dollar properties. There are a couple who are facing issues due to rent but I blame corporate rental companies, not small time landlords.
The property manager realized that rent was increasing to $1500 for most 1 bedroom apartments in the safer areas in Vegas and so they felt their house should be more expensive as well smh..
Just watch another housing crisis just because landlords want more money!!! Makes me sick to my stomach that these greedy people are tossing the elderly & children! Is their no humanity left!!!
The rent went up because the owner wants the tenant out. Most likely so they can move back in to home or to sell it. Should have gone about it a different way.
Yup oh and there’s that pesky 40k he owes her that he hasn’t paid
When a restaurant wants to fire a server or cook, they cut their hours to like 10 a week. Thus forcing that server to quit. When a landlord wants you out his property, they double the lease price and wait for you to respond. It's cheaper than eviction. The end result is that person gets a new address. Which is what this is all about.
I did the same for my 7 properties I had 2 years of renters not paying and now all renters will pay for those 2 years of no payments
And so you know all 7 renters now are from California so I don't care or feel bad
What if 1 had paid? Would you still let them live their at the set price? And I’ll add if you had a mortgage on any of those 7 houses you owe then you were mortgage free for awhile too.
My landlords didn’t raise my rent during these trying years. I’m grateful to them every day. When we first shut down i told my landlord id still be paying rent. And I did!
Throughout the years I’ve added features to the house like ceiling fans, security door, new Facets, new toilet bowl, had carpet cleaned, painted, n plan on doing more…. Yard n new screens n shutters, stove, dishwasher, etc!!
It’s because When i first moved in they said…. ‘This is your home! Welcome home!’ And I love them for their wonderful kindness throughout the 10 years I’ve lived here!!
Capitalism is what the United States of America signed up for. No need to feel bad. Make that money
@@redankulous69 *"Capitalism is what the United States of America signed up for. No need to feel bad. Make that money"*
So Stupidlak locks down the economy and imposes an eviction moratorium for close to a year. The result is massive economic loss (especially small businesses), a significant period of mass unemployment, mass rental squatting and shortages (a lot of which stems from early retirements by the boomers). However, that is the fault of "capitalism?" I guess in the lefty mind, free enterprise is responsible for everything-- even the sins of socialism.
Be rad continue to be rad that’s what you’re supposed to do I think of the situation teaches anybody anything it’s about the importance of acquiring assets like real estate property otherwise you’re always going to be in a position where somebody else is a master of your destiny can’t blame be read there’s baseball teams coming and stuff there’s people coming that have more money than other people over there it’s just business but at the same time this wouldn’t happen to California
You could’ve applied for CHAP and they would’ve covered your tenants back rent.
IT'S CHEAPER TO STAY IN A HOTEL
I was thinking the same thing
If the landlord wants to move into the house she can evict the tenant. But she will have to give him notice. I guess she doesn't want to do that, and thinks this is a solution?
When the owner of the house decide that they want the tenants out, so they can move back in their own home again= raise the rent so high- they move.
…. That’s what this is all about.
So
@@dcg590 yep
They could just not renew. What if the guy stays and actually pays the new rent? Where is the old lady going to live then?
@@Preservestlandry The rent was raised so high and very unrealistically that no sane person would pay that rent. If the tenant did pay for some odd reason if I was that lady I just get a studio apartment in Pay between $700-$800 a month and still make a lot of profit
So basically the landlord wants you out and you don’t want to leave…
“it’s too expensive to move”. Get a loan to put your first and last month and security deposit on a new place and MOVE.
def move but trash the house first . landlords like this deserve it !
Its not about the homeowners health its about greed and nothing more
Wait a minute. The homeowner is an elderly woman who wants her house back presumably to live in it? But if the current tenant is willing to pay the new high rent he can stay there? Something fishy here.
@Alex Takessian You sound like a pleasant fellow to do business with 🤭
@@NicoleM2108 he’s not wrong. She just wants her place back. She elderly and going blind. The man certainly capable of finding a new place just sounds like he’s lazy cause he doesn’t want to. Especially if chap is willing to pay 3K he can find a new place…
@@BaxterB1641 the old lady can suck it to be honest she’s knocking on deaths door and I hope she loses this case
@@BaxterB1641 He cannot afford it. You misunderstood the story. He went and applied for aid ...that is where the extra money came from. Also, instead of strong arming him...she could have just not renewed his lease and gave him the courtesy of notice to find a new place. What they did to this guy was awful...but you have to get the details of the story to see why it is wrong. It was not even the owner it was a manager on behalf of the lady. These managers are for crap.
@@NicoleM2108 managers can’t kick people out without a reason. They have to actually do something wrong. Lease auto renews. Most place are still protected by the pandemic moratorium with Las Vegas still have it effective till May 31st of this year. So the only way to get him out is evict due to missed rent imo… He could afford the 1500 prior and chap was willing to pay an additional $3000.
I believe in having live-able rent and helping tenants but this guy clearly didn’t care for the little old lady and the manager is using the tools they have. It was a message for him to leave not for him to pay it. He didn’t receive the message. Think if that was your mom would you be happy the guy was still in there?
Thats insane! These rents going up everywhere is going to have a bad impact on society. If more people are forced on the streets crime will go up and local businesess will see a major drop in revenue, It's a bad cycle.Rent prices need to be controlled in every state!
Nope. That’s socialism. Get a clue.
@@dcg590 Socialism already exist in America. What do you think food stamps are? Section 8? Stimulus checks?
This is the same law in Colorado....Whatever the market will bring. The landlord can charge whatever they want. Over 13 years ago, ours almost doubled from $865 to $1,400 a month. The same apartment is going for almost 2K a month. Houses here: 3-4K a month. I can believe this story. You don't want to pay that amount in rent? Move....It's that simple.
If people pay that they are crazy. Let them set empty.
Almost the exact same thing happened to us. The only difference was the amount? But our landlord did it DURING the moratorium. We ended up having to move and paying double deposit and first month rent just to move asap. The governor knows he will definitely will not be re-elect cuz he’s not doing anything to fix this injustice. Rent rates are rising drastically and no one is raising pay. It is becoming that the only way to live in vegas is to own but even that has gotten crazy.
Sisolak is a THUG!!
@@thomasgriffin8269
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