Why aren’t you talking about the tariffs? U talked McDonald’s price hikes but not that? Is it because it goes against your politics? How’s the florida market doing ; we doing good here
The sad thing is Michael lacks the outrage towards DT who hasn't been held accountable for a single thing his entire life. In case you haven't been paying attention the rule of law is not being followed, justice is not being served, and nobody in power is being held accountable for much. And here you are assuming all these evictions are because the renter did something "bad." /shame /shame /shame' Put down the camera and hold yourself accountable for this bad video by spanking yourself.
Im a property manager. When I get an applicant who has been evicted, and I call the previous landlord(s). It usually ISNT for unpaid rent. Maybe a "late" payment here and there......but usually it is: Tenant trashed the property. Vandalized the property. Tenants' guests and visitors consistently threatened the well being / quiet enjoyment of neighbors on property . Threatened or used physical violence on other members of the rental community / or management team and tenant was selling and / or using illegal drugs on property. Illegally used mailing address for people who are NOT on the lease to conduct illegal financial activities / fraud.......and what I mentioned above is WAY more of a headache than eviction bc of unpaid rent by loss of a job
I just went through this. Had a tenant who did everything you listed--threw rocks at neighbors cars, windows, stole Amazon packages, holes in my walls, burned my carpet, broke my fence, broke windows, doors, and the lists goes on. I ended up doing a video on it because it was so bad.
@@Artoconnell Look, I have taken a chance on someone who was "down on their luck" lost the job, factory closed, they got evicted. I can sometimes with my management company wiggle around "hey, he's been working for two years straight, He has savings. He lost his job, but working full time again. otherwise an excellent tenant, he can pay the deposit and two months up front" and these folks CAN and SHOULD be given a chance to get their life back together. What I mentioned in my above comment? That is a nightmare to evict / deal with and the stress it puts the other renters in the apartment complex is horrendous.
My daughter and son in law sold their rental in Maryland right before Covid. They had dead beats who didn’t pay the rent and my daughter couldn’t make the house payment on it. And she was so glad she did because when covid hit suddenly you couldn’t evict anyone even if they didn’t pay their rent. She dodged a bullet. Landlords get screwed in so many ways.
if you own a business and it ends up in bankruptcy no one holds the business owner accountable for never paying the bills that his companies owes to venders but if its a TENANT IS getting evicted somehow that's a big deal. I don't get it someone can't pay 2000 in rent twice in a lifetime and they hold that against them but the incompetent business owners company wipes out all the payments his company owes to venders hundreds of thousands dollars you never hear a word about that..WHAY WE DO HEAR IS THIS GARBAGE ABOUT A TENANT NOT PAYING 2000 IN BACK RENT ONCE OR TWICE IN THERE LIFE TIME ALWAYS BLAME IT ON THE LITTLE GUY
if you own a business and it ends up in bankruptcy no one holds the business owner accountable for never paying the bills that his companies owes to venders but if its a TENANT IS getting evicted somehow that's a big deal. I don't get it someone can't pay 2000 in rent twice in a lifetime and they hold that against them but the incompetent business owners company wipes out all the payments his company owes to venders hundreds of thousands dollars you never hear a word about that..WHAY WE DO HEAR IS THIS GARBAGE ABOUT A TENANT NOT PAYING 2000 IN BACK RENT ONCE OR TWICE IN THERE LIFE TIME ALWAYS BLAME IT ON THE LITTLE GUY
I’m a landlord in Oregon. Thanks for giving me the heads up on this. My wife and I have been having conversations about moving because of this kind of stuff. Unfortunately, I don’t think the renters are going to like what happens after all the mom and pops leave and the only choice is corporate rental management.
Me too. I own my own home and a modest rental on the same property. I am definitely considering leaving Oregon for a Red State if I can get a reasonable price.
As of early 2025, Greystar is considered one of the largest property management companies in the U.S., managing over 400,000 units. However, Blackstone is often noted as one of the biggest landlords due to its significant acquisitions in single-family rental properties, including the acquisition of Tricon Residential in January 2024, which added about 38,000 houses to its portfolio. Blackstone's total holdings make it a major player in the rental housing market. Now you know who to sell to
if you own a business and it ends up in bankruptcy no one holds the business owner accountable for never paying the bills that his companies owes to venders but if its a TENANT IS getting evicted somehow that's a big deal. I don't get it someone can't pay 2000 in rent twice in a lifetime and they hold that against them but the incompetent business owners company wipes out all the payments his company owes to venders hundreds of thousands dollars you never hear a word about that..WHAT WE DO HEAR IS THIS GARBAGE ABOUT A TENANT NOT PAYING 2000 IN BACK RENT ONCE OR TWICE IN THERE LIFE TIME ALWAYS BLAME IT ON THE LITTLE GUY
This. This is also part of why cities pay companies to force RTO and onsite requirements in offices centralized in crowded metro areas. It drives up property prices and therefore tax revenue.
Oregon. You can stop right there. That place is majority weird. I have a brother that lives there. He is minority. This isn't the only stupid thing they do. Their law of "mail in only" ballots is dumb.
Portland is a strange place. I like to visit locations where TV shows and movies were filmed. Grimm was filmed there. I’m just going to say it feels like Halloween
My townhouse was paid off, so when I moved I thought about renting it. I decided that there were too many potential problems. On the flip side, I was offered a job at a hospital in Jackson Wyoming. I’m both a respiratory therapist and sleep tech. They desperately needed my skills. Land lords had made it impossible for someone with a middle class income to live there. In spite of decent pay, benefits, and moving expenses paid, Jackson lost a deeply needed healthcare worker.
Yes I was watching a video on that, Jackson Wyoming has become a deadzone for employment due to the insane cost of housing there, and the rich who inhabit the area don't want common people living around them but they want them to work for them. Nuts situation.
It's also that bad tenants make it more risky to rent a place, landlords have to charge alot more to cover for it. Expensive litigation, property damage, etc.
This will destroy the rental market in Oregon. Forget about home rentals and think about how this will affect apartments. Landlords will be asking for triple deposits and lifelong income verification with spotless background checks. Good luck Oregon
NY already has enough "protections" for renters and potential renters that make being a landlord as about as attractive as volunteering for front line service in Ukraine.
People forget that many landlords are small business owners. They cannot afford to have tenants not paying the rent. Landlords have mortgage payments and operating costs. Who’s helping the landlord ?
Trashing a prior rental... or being the tenant from hell doesn't show up on a credit report unfortunately.
33 минуты назад
You're wrong on that one. They have removed previous history of any deadbeats that didn't pay their medical bills. How long do you think they will soon manipulate deadbeat credit history?
@@disgustipatedwon not when they are actively discriminating against the workhorses. And that is not how society works. There is a difference between care and help, and leechers who swallow from the system and take everything while giving nothing. Our society lacks morals. There is a big difference.
if you own a business and it ends up in bankruptcy no one holds the business owner accountable for never paying the bills that his companies owes to venders but if its a TENANT IS getting evicted somehow that's a big deal. I don't get it someone can't pay 2000 in rent twice in a lifetime and they hold that against them but the incompetent business owners company wipes out all the payments his company owes to venders hundreds of thousands dollars you never hear a word about that..WHAY WE DO HEAR IS THIS GARBAGE ABOUT A TENANT NOT PAYING 2000 IN BACK RENT ONCE OR TWICE IN THERE LIFE TIME ALWAYS BLAME IT ON THE LITTLE GUY
@@gruanger "our society" you take credit for all the bad and good huh....engineers job is to replace as many people as possible. Moneybmans job is to make as much money as possible. What did you think was going to happen when most people aren't worth a damn. So what now we judge people based on "workhorses"...when I reality the work horses are the low skill junkies and drunks showing up to job 45 minutes late. We all scrape the bottom of the barrel. Consider yourself lucky you don't have to deal with the dredges of society. Plenty of people put in way more than they will ever get out.
Dam Glad I sold my house in Portland Or in 2023. It was taking a long time to sell and I was entertaining the idea of renting the house out. Looking at the landlord/tenant laws in Portland as a potential landlord looked very nerve-racking.
if you own a business and it ends up in bankruptcy no one holds the business owner accountable for never paying the bills that his companies owes to venders but if its a TENANT IS getting evicted somehow that's a big deal. I don't get it someone can't pay 2000 in rent twice in a lifetime and they hold that against them but the incompetent business owners company wipes out all the payments his company owes to venders hundreds of thousands dollars you never hear a word about that..WHAY WE DO HEAR IS THIS GARBAGE ABOUT A TENANT NOT PAYING 2000 IN BACK RENT ONCE OR TWICE IN THERE LIFE TIME ALWAYS BLAME IT ON THE LITTLE GUY
They should make it illegal to permanently rent houses in subdivisions. The landlords don't care that they are renting to riff-raff. And usually the nearby home-owners have to deal with the consequences, while the landlord collects a check.
Yes being a landlord is a nightmare. And if you are in a blue state it's even a WORSE nightmare since Democrats treat non paying renters like innocent victims of greedy wealthy landlords. Do NOT do this to yourself. Do NOT become a landlord you will REGRET IT.
People start to ask did the government pay off your student loans . I have a few rental s . The ones that got the free ride the government paying off your depts …. Now they don’t think they need to pay rent !! My advice to any land lord .. never rent to someone that didn’t pay their college bills !! They just keep wanting more hand outs !
This actually hurts modest income workers like me. I work 6 days a week to pay off all my debt ( car, college, credit card), pay my bills on time, served as a veteran, etc. with my excellent credit score at stellar tenant history, I should be able to get a place. But I can’t. I cannot compete with section 8 and illegals. I camp out now, going on 4 years.
So your punishment is not having to pay overpriced rent and bank all that money instead? There's two sides to every coin, one side seems like it hurts you, the other side definitely helps you. If they don't want to take your money it's thier loss and your gain.
I'm sorry you have to camp. It just doesn't seem right at all to work so much and not have a real roof over your head. I hope things improve for you and for many homeless in similar situations.
@@abigailpmm1182He isn’t getting rid of section 8. BUT they will be going after FRAUD regarding section 8 and other government subsidies. It is FRAUD they are after if you research it. 👍
They passed that law because what do they care if the landlords lose money. Why doesn't the government clear everyone's driving record of tickets? Oh they can't do that because that would cost them money if they got another ticket and didn't charge them a higher fine
Why do people sell their investment properties? Just hire management company? No headaches no stress. Now lost an asset and lost future appreciation gains. Bad.
Management companies often take 1O% off the top. Who do you think pays for that? They also make maintenance decisions that might not make sense financially. Most small landlords like to have control over their properties and that's why they mow the lawns, paint, clear gutters, weed etc Because it is a huge investment and doesn't make sense to put it in the hands of others.
A friend of mine owns about 8 properties here in Texas. He's always complaining about somebody not paying their rent. With the amount of taxes, tentants paying late and maintenance, I would have gotten rid of those properties. No room for headaches. 🙄
This is very unfair to landlords. A landlord has every right to a legitimate credit check and legal matters of public record. The politicians who destroyed records should be recalled or replaced and this "decision" should be reversed.
The economy is in a downturn, plagued by uncertainty and instability. A worsening housing crisis, increasing foreclosures, and global market volatility have deepened financial distress. The lingering effects of the pandemic continue to disrupt recovery, while rising inflation, stagnant growth, and trade disruptions strain businesses and households alike. Without immediate intervention, the situation threatens to spiral further, jeopardizing long-term economic stability.
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My busy career leaves little time for investment analysis. For the past seven years, a fiduciary has managed my portfolio, skillfully adjusting to market changes and ensuring informed, successful decisions. You might consider a similar strategy.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Jennafer Beaver Turner for about five years now, and her performance has been consistently impressive. She's quite known in her field, look-her up.
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There is no financial security in the job market anymore. So no one can buy and no one can afford to sell because prices of all homes are EXTREMELY HIGH and increasing so State can get more taxes out owners.
That's what happens when the print 8 trillion, buy up 80 billion a month in MBSs, pandemicntax credits, all 20 million households to have 18 months of rent & mortgage moratoriums.
A lot of people blowing off steam. This isn't the time of sod houses and pioneers building their own homes on 40 acres. Getting a house or an apartment building today requires financing, permits and a competent contractor. The homeless guy, the store clerk or the manager at Walmart doesn't build his own home. The more difficult YOU (meaning you personally, the politicians you elect, and the laws you pass) make it for a person to make money doing residential construction, the fewer units will be made. Most people don't understand that, but they live with the consequences. If a national builder considers constructing an apartment complex in Oregon and not be allowed to see evictions and a similar opportunity exists elsewhere without hiding evictions, it is a no brainer where he will build. Putting legend aside, there was a time when a Jim Bowie or a William Travis could stiff their creditors and move to Texas and "start over". The reality is that a lot of people don't change. The guy evicted for being disorderly will be the same. Getting one disruptive tenant out can cost any profit of a small building that year. Paying $25 or $50 for a credit check (with explanation) is less expensive. So for all the readers who are angry and assert that all landlords are greedy, go ahead and invest your own money.
Unless you are renting to trusted family who have an established track record of being good for their debts, being a landlord isn't worth it. Invariably you'll end up dealing with worthless deadbeats who will ruin the property, always be late with rent and always with excuses, then flee into the night when it's time for them to move, usually with lots of back rent due. Also, you'll always have the frivolous lawsuit type that pretends to suffer injury on your property and they want to sue your insurance, banking on your insurance just settling with them and giving them some money without a court trial. Bad tenants give all renters a bad name and stereotype them as ghetto riffraff trash.
If you are a landlord, make sure you check their credit for collections of damages of non paynent and, more importantly contact their previous 2 landlords for rental verification ! And personally id check social media to see what theyre really about before id rent to them.
Well maybe people run into hard times in their life. Like with me a family member passing away and I had to take over on a house. Now I'm stuck paying for everything and I wasn't prepared for that. Don't be so cruel you could happen to you
Mom and pop landlords are seriously disadvantaged right now. They are labeled the bad guys esp by social media…it’s almost communism level. Govt is going after “price gouging “ landlords while giving a pass to others. Govt gets to pick and choose which laws they enforce. Ppl who live in communism countries are very unhappy. The truth is ugly and that’s why ppl hate it and hide it. Eventually it all comes out because that’s real life.
There’s no incentive to work hard and pay my bills. Biden tried to issue excellent credit scores to losers, same as mine, even though I sacrificed ( no movies, eating out, new clothes, haircuts, etc), to make that happen. What’s the point, anymore.
I know a couple on their third bankruptcy, purposefully! Their masters at this. I’ve only known them for about 17 years. And they somehow get credit cards with $30,000 limits, buy new cars, buy houses, and then they file bankruptcy, I don’t know how they pull it off what they do, but things are absolutely getting erased! They have been living well above average since I’ve known them.
If I lived in that area and knew the law was coming, I'd go and gather all of the information from municipal, county or state records while they are still public, and then just sell it to a data broker. If I were a landlord, I'd ask if they ever not paid their rent or if they have been evicted. I'd also pull their credit score. If they didn't pay their rent, then they probably don't pay other bills too.
When I worked up north there was a guy in another department who was a landlord. I saw him driving through town one day in his pickup with the back loaded with junk. When I asked him about this at work he said he was on his way to the dump after cleaning out his rental after being stiffed. He said it was one of his biggest mistakes to take on a rental property. Nothing but a headache.
Shouldn't the states that do this be allowed to be sued because of how it affects the landlord's livelihood? Their doing this means that it is endangering these landlords.
we're really hurting here in Oregon, because of the democrats and progressives policies. What's going to happen here, I think, landlords will demand a third party guarantor.
The way around the Oregon bullshit is for landlords to insist on the last two or three landlords names and contact details. Then actually check on their past payment and the prospective tenant's "taking care of property" record.
That's not fair to landlords. Watch even more mom and pop landlords sell to even more corporations who WILL have the funds behind them, the atties on speed dial to deal with tenants.
Poor landlords. Let's speak some truth. Landlords have taken advantage of tenants for the last 4 years. My rent doubled in that time frame. I don't have tears for bloody thieves!
Anyone supporting this sham market is a major part of the problem. Anyone who then tries to base a rent off a several overpaid for bubble price is a scumbag.
Solution is simple - previous landlords references, credit score report, background check - can't provide at least the last 2 ? No rent for you, stay homeless.
So if you can't provide that then your punishment is being able to save all the money you would have spent on incredibly overpriced rent? Doesn't seem like a punishment, seems like a great financial advantage.
Ripped the gas line out of the wall and tore out the banister stealing the stove and refrigerator while moving in the middle of the night. Be ready for them to break the water heater so they can get free rent while you fix it, doesn't look good on a reference
Yeah that’s one of the reasons I paid cash for my rentals pretty cheap after housing crash in 2008. I was extremely picky and only set my place up for certain types of tenants. Even if empty I was fine. They were appreciating in value pretty good and all the rent went straight into investments and ran the bull run from 2009-2019.
It's amazing how hard it is in America to buy or sell a house --- when money is involved, everybody is playing games to sway the profit in their direction. Pretty soon, we will be seeing real estate libraries on college campuses similar to law libraries. America loves thousands of pages of rules & regulations to control the action on everything -- just ask the IRS, I think there's something like 20,000 pages governing your income!! The tax code should be 2 pages long -- first page tells you how much you made, second page tells you how much your going to pay....
So I hear you …however I have to disagree. The majority of the US citizens are facing homelessness. Most not for extreme cases like drug abuse or violence, but rather COVID shut downs have placed a lot of people in awkward situations that affected their credit and history negatively. With no fault of their own are being rejected because of past situations that were out of their control…
Landlords are greedy scum. The amount of money they want for a 1 bedroom is just stealing our hard earned money. Can't buy a house cause who can afford that. We are screwed.
In the 39 years of owning rental properties, it's been perfect. No deadbeats, no lawlessness, a couple of bounce checks (made good almost immediately). But location location location in Huntington Beach CA helps tremendously😊
Agreed, Im in central NJ. Being a landlord is a job. Im old and in R/E over 40 yrs. Most newer landlords think it’s just collecting a ck. It takes a lot of trials and tribulation experience to get to that stage…
My insurance company does not value my house according to the market. They look at what my house would cost to build it today and that is its estimated value.
Beeing a landlord isn't that easy like it uses to look and especially in this environment where people are struggling financially and can't make the rent payment!
Nobody is going to buy an investment property in Oregon anymore, not even the big corporations. Anyone who already has an investment property won’t have an incentive to rent. This is going to crash the property market in Oregon. What a disaster.
Here in new England, prices continue to go up and I don't think they will ever go down as there are just too many people with money and very little new construction
@@DirtDog. Bro absolutely nobody agrees with you on that, Crazy King Don has half of America ready to fight for Canada and Mexico in a war. You think that's good leadership?
People must not only take responsibility for their actions, But must beheld responsible for their actions or this will obviously lead society on to a downward spiral.
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"We Haven't Seen ANYTHING LIKE THIS SINCE 2009" ruclips.net/video/rN8HUpxd-io/видео.html
Why aren’t you talking about the tariffs? U talked McDonald’s price hikes but not that? Is it because it goes against your politics? How’s the florida market doing ; we doing good here
If the president can pardon criminals and that should tell the end of dominance and arrogance is near .
The sad thing is Michael lacks the outrage towards DT who hasn't been held accountable for a single thing his entire life. In case you haven't been paying attention the rule of law is not being followed, justice is not being served, and nobody in power is being held accountable for much.
And here you are assuming all these evictions are because the renter did something "bad."
/shame
/shame
/shame'
Put down the camera and hold yourself accountable for this bad video by spanking yourself.
@@voicefromthedark-t2w He needs to get on DTs good side so he can run for local office in Florida :-)
@ it’s very clear to me he is trying to make people mad at the poorest and not at those who destroyed the florida market.
Im a property manager. When I get an applicant who has been evicted, and I call the previous landlord(s). It usually ISNT for unpaid rent. Maybe a "late" payment here and there......but usually it is: Tenant trashed the property. Vandalized the property. Tenants' guests and visitors consistently threatened the well being / quiet enjoyment of neighbors on property . Threatened or used physical violence on other members of the rental community / or management team and tenant was selling and / or using illegal drugs on property. Illegally used mailing address for people who are NOT on the lease to conduct illegal financial activities / fraud.......and what I mentioned above is WAY more of a headache than eviction bc of unpaid rent by loss of a job
The day i bought my 2 rentals was amazing, when i sell them in fall 25 years later i will be even happier :)
Thank you for your experience/post.
I just went through this. Had a tenant who did everything you listed--threw rocks at neighbors cars, windows, stole Amazon packages, holes in my walls, burned my carpet, broke my fence, broke windows, doors, and the lists goes on. I ended up doing a video on it because it was so bad.
@@Artoconnell Look, I have taken a chance on someone who was "down on their luck" lost the job, factory closed, they got evicted. I can sometimes with my management company wiggle around "hey, he's been working for two years straight, He has savings. He lost his job, but working full time again. otherwise an excellent tenant, he can pay the deposit and two months up front" and these folks CAN and SHOULD be given a chance to get their life back together. What I mentioned in my above comment? That is a nightmare to evict / deal with and the stress it puts the other renters in the apartment complex is horrendous.
@@Artoconnell you would have made 3x your money on a S&P, DJIA, NASDAQ index fund over those 25 years. Zero maintenance and headaches too.
My daughter and son in law sold their rental in Maryland right before Covid. They had dead beats who didn’t pay the rent and my daughter couldn’t make the house payment on it. And she was so glad she did because when covid hit suddenly you couldn’t evict anyone even if they didn’t pay their rent. She dodged a bullet. Landlords get screwed in so many ways.
Same story in CA
That’s why Oregon is a hell hole 😂😂😂
F yeah it is!
Back in 90 91 it was nice..camped in Tigard..with a construction crew.
if you own a business and it ends up in bankruptcy no one holds the business owner accountable for never paying the bills that his companies owes to venders but if its a TENANT IS getting evicted somehow that's a big deal. I don't get it someone can't pay 2000 in rent twice in a lifetime and they hold that against them but the incompetent business owners company wipes out all the payments his company owes to venders hundreds of thousands dollars you never hear a word about that..WHAY WE DO HEAR IS THIS GARBAGE ABOUT A TENANT NOT PAYING 2000 IN BACK RENT ONCE OR TWICE IN THERE LIFE TIME ALWAYS BLAME IT ON THE LITTLE GUY
Best two days of owning a boat: The day you buy it and the day you sell it.
Same applies with rentals....
if you own a business and it ends up in bankruptcy no one holds the business owner accountable for never paying the bills that his companies owes to venders but if its a TENANT IS getting evicted somehow that's a big deal. I don't get it someone can't pay 2000 in rent twice in a lifetime and they hold that against them but the incompetent business owners company wipes out all the payments his company owes to venders hundreds of thousands dollars you never hear a word about that..WHAY WE DO HEAR IS THIS GARBAGE ABOUT A TENANT NOT PAYING 2000 IN BACK RENT ONCE OR TWICE IN THERE LIFE TIME ALWAYS BLAME IT ON THE LITTLE GUY
I’m a landlord in Oregon. Thanks for giving me the heads up on this.
My wife and I have been having conversations about moving because of this kind of stuff. Unfortunately, I don’t think the renters are going to like what happens after all the mom and pops leave and the only choice is corporate rental management.
Me too. I own my own home and a modest rental on the same property. I am definitely considering leaving Oregon for a Red State if I can get a reasonable price.
Exactly
As of early 2025, Greystar is considered one of the largest property management companies in the U.S., managing over 400,000 units. However, Blackstone is often noted as one of the biggest landlords due to its significant acquisitions in single-family rental properties, including the acquisition of Tricon Residential in January 2024, which added about 38,000 houses to its portfolio. Blackstone's total holdings make it a major player in the rental housing market.
Now you know who to sell to
EXACTLY !!!
You are correct
I'm adding this story to my long list of reasons to never be a landlord. You are really much better off investing in the stock market anyway.
until it falls 50% in a month. It's coming.
No, you're not. Not at the current level, huge bubble.
Landlording is very risky, the government with their moratoriums and dishonest tenants can easily bankrupt you.
Metal buddy. If you can’t hold it, you don’t own it. I can promise you, that’s what it’ll come down to. It always does.
Goes for your 2cd amendment too.
Thank God i am NOT a Landlord !
One thing everyone needs to realize is that the only group that benefits from these inflated home prices is the taxing agency. That's it, nobody else.
if you own a business and it ends up in bankruptcy no one holds the business owner accountable for never paying the bills that his companies owes to venders but if its a TENANT IS getting evicted somehow that's a big deal. I don't get it someone can't pay 2000 in rent twice in a lifetime and they hold that against them but the incompetent business owners company wipes out all the payments his company owes to venders hundreds of thousands dollars you never hear a word about that..WHAT WE DO HEAR IS THIS GARBAGE ABOUT A TENANT NOT PAYING 2000 IN BACK RENT ONCE OR TWICE IN THERE LIFE TIME ALWAYS BLAME IT ON THE LITTLE GUY
This. This is also part of why cities pay companies to force RTO and onsite requirements in offices centralized in crowded metro areas. It drives up property prices and therefore tax revenue.
Oregon. You can stop right there. That place is majority weird. I have a brother that lives there. He is minority. This isn't the only stupid thing they do. Their law of "mail in only" ballots is dumb.
Portland is a strange place. I like to visit locations where TV shows and movies were filmed.
Grimm was filmed there.
I’m just going to say it feels like Halloween
I was born there, and it used to be beautiful. 😢
Maybe there is a middle way somewhere between banning felons for life and complete amnesty.
Ridiculous a bunch of deadbeat squatters. Complete Insanity!
My townhouse was paid off, so when I moved I thought about renting it. I decided that there were too many potential problems. On the flip side, I was offered a job at a hospital in Jackson Wyoming. I’m both a respiratory therapist and sleep tech. They desperately needed my skills. Land lords had made it impossible for someone with a middle class income to live there. In spite of decent pay, benefits, and moving expenses paid, Jackson lost a deeply needed healthcare worker.
Yes I was watching a video on that, Jackson Wyoming has become a deadzone for employment due to the insane cost of housing there, and the rich who inhabit the area don't want common people living around them but they want them to work for them. Nuts situation.
Sad because of living expenses
It's also that bad tenants make it more risky to rent a place, landlords have to charge alot more to cover for it. Expensive litigation, property damage, etc.
It’s because of all the rich people who live there it’s basically the same as finding a “decent” rental in LA
@ What makes a bad tenant too. Greed in the US, with no checks and balances, has destroyed most of the middle class.
This will destroy the rental market in Oregon. Forget about home rentals and think about how this will affect apartments. Landlords will be asking for triple deposits and lifelong income verification with spotless background checks. Good luck Oregon
You can count on California and Washington copying this fine "progressive" idea. Illinois and New York too.
NY already has enough "protections" for renters and potential renters that make being a landlord as about as attractive as volunteering for front line service in Ukraine.
People forget that many landlords are small business owners. They cannot afford to have tenants not paying the rent. Landlords have mortgage payments and operating costs. Who’s helping the landlord ?
These lawmakers and judges need to be removed.
Liars...lawyers...
Who do you think voted them in?
💯
They might be able to remove your eviction notices but they cannot change or erase your credit history.
Trashing a prior rental... or being the tenant from hell doesn't show up on a credit report unfortunately.
You're wrong on that one. They have removed previous history of any deadbeats that didn't pay their medical bills. How long do you think they will soon manipulate deadbeat credit history?
The big problem is it is hard to make more when a lot of the population is basically supporting the entire rest of the population.
That's how society works......
@@disgustipatedwon not when they are actively discriminating against the workhorses. And that is not how society works. There is a difference between care and help, and leechers who swallow from the system and take everything while giving nothing. Our society lacks morals. There is a big difference.
if you own a business and it ends up in bankruptcy no one holds the business owner accountable for never paying the bills that his companies owes to venders but if its a TENANT IS getting evicted somehow that's a big deal. I don't get it someone can't pay 2000 in rent twice in a lifetime and they hold that against them but the incompetent business owners company wipes out all the payments his company owes to venders hundreds of thousands dollars you never hear a word about that..WHAY WE DO HEAR IS THIS GARBAGE ABOUT A TENANT NOT PAYING 2000 IN BACK RENT ONCE OR TWICE IN THERE LIFE TIME ALWAYS BLAME IT ON THE LITTLE GUY
@@JimMoylan oh cool, lets keep accepting more bad things because we can't point to other things we shouldn't accept, great plan.
@@gruanger "our society" you take credit for all the bad and good huh....engineers job is to replace as many people as possible. Moneybmans job is to make as much money as possible. What did you think was going to happen when most people aren't worth a damn. So what now we judge people based on "workhorses"...when I reality the work horses are the low skill junkies and drunks showing up to job 45 minutes late. We all scrape the bottom of the barrel. Consider yourself lucky you don't have to deal with the dredges of society. Plenty of people put in way more than they will ever get out.
5 years since the Pandemic started and nothing has really rebounded from all the negative effects.
That was the plan all along. Keep fighting against the great reset and the machine.
@chrisweidner4768 you are correct Sir
This disgusting law is going to affect renters too, because they will have neighbors that they don't want.
Dam Glad I sold my house in Portland Or in 2023. It was taking a long time to sell and I was entertaining the idea of renting the house out. Looking at the landlord/tenant laws in Portland as a potential landlord looked very nerve-racking.
Elections have consequences Oregon speaks for itself that's why I would never live in Oregon
To compensate for this new risk, landlords will need to raise rents obscenely high!
They'll need to make more bridges so that the homeless can sleep under them!
3lb of ground chuck: $13.50
12 eggs: $4.75... Thats over $18! We are supposed to have cheap groceries in the USA.
Hopefully the Stalinesque assault on farmers stops.
Eggs are almost $8/dozen here in North Texas.
A lot cheaper here , but I`m not saying where. Good luck
@@hoosierdaddy8002 Indiana!
@@NoJobNoBoat Farmers are still under attack.
That’s complete madness in Oregon. Seems they have lost the plot. In everything. Hopefully, federal authorities can undo this, and so much more.
if you own a business and it ends up in bankruptcy no one holds the business owner accountable for never paying the bills that his companies owes to venders but if its a TENANT IS getting evicted somehow that's a big deal. I don't get it someone can't pay 2000 in rent twice in a lifetime and they hold that against them but the incompetent business owners company wipes out all the payments his company owes to venders hundreds of thousands dollars you never hear a word about that..WHAY WE DO HEAR IS THIS GARBAGE ABOUT A TENANT NOT PAYING 2000 IN BACK RENT ONCE OR TWICE IN THERE LIFE TIME ALWAYS BLAME IT ON THE LITTLE GUY
They should make it illegal to permanently rent houses in subdivisions. The landlords don't care that they are renting to riff-raff. And usually the nearby home-owners have to deal with the consequences, while the landlord collects a check.
GREAT SHOW 👍 MICHAEL B.C CANADA. THANK YOU FOR YOUR VERY HARD WORK SO INTERESTING AND INFORMATIVE. PEACE TO ALL THE WORLD 🌎.
This is what people are voting for, they're going to suffer the consequences: less rental property on the market, higher rent prices.
In a country where you are one medical bill, natural disaster, or pandemic short of a wipeout...
Shining City on a Hill has become The Fool on The Hill.
Or unnatural disaster. 👿
That's why they want you to move to a 15min city.
Really informative & interesting video. Thank you.
Yes being a landlord is a nightmare. And if you are in a blue state it's even a WORSE nightmare since Democrats treat non paying renters like innocent victims of greedy wealthy landlords. Do NOT do this to yourself. Do NOT become a landlord you will REGRET IT.
Slaying it with this video, you're amazing, keep it up!
People start to ask did the government pay off your student loans . I have a few rental s . The ones that got the free ride the government paying off your depts …. Now they don’t think they need to pay rent !! My advice to any land lord .. never rent to someone that didn’t pay their college bills !! They just keep wanting more hand outs !
This actually hurts modest income workers like me. I work 6 days a week to pay off all my debt ( car, college, credit card), pay my bills on time, served as a veteran, etc. with my excellent credit score at stellar tenant history, I should be able to get a place. But I can’t. I cannot compete with section 8 and illegals.
I camp out now, going on 4 years.
So your punishment is not having to pay overpriced rent and bank all that money instead? There's two sides to every coin, one side seems like it hurts you, the other side definitely helps you. If they don't want to take your money it's thier loss and your gain.
Once Trump ends Section 8 you will get a place.
What your doing is better, you don't need to earn as much money and you could have more free time. Feel blessed for what you have.
I'm sorry you have to camp. It just doesn't seem right at all to work so much and not have a real roof over your head. I hope things improve for you and for many homeless in similar situations.
@@abigailpmm1182He isn’t getting rid of section 8. BUT they will be going after FRAUD regarding section 8 and other government subsidies. It is FRAUD they are after if you research it. 👍
They passed that law because what do they care if the landlords lose money. Why doesn't the government clear everyone's driving record of tickets? Oh they can't do that because that would cost them money if they got another ticket and didn't charge them a higher fine
Insurance is the big expense that has everybody struggling 🤨
Honey, take down that "For Rent" sign for me and put this "For Sale" sign and then lets pack up our crap and get out of dodge as fast as we can.
I'm waiting for a 50% decline in prices in my area. If it never happens, I'll just stay in my current old house.
Aww man bequiet. There are diffrent unfair reasons for being evicted besides not paying rent. I'm here for it!
Unfair reasons? If you were a great renter, you certainly would NOT have made that comment.
Why do people sell their investment properties? Just hire management company? No headaches no stress. Now lost an asset and lost future appreciation gains. Bad.
Management companies often take 1O% off the top. Who do you think pays for that? They also make maintenance
decisions that might not make sense financially. Most small landlords like to have control over their properties and that's why they mow the lawns, paint, clear gutters, weed etc Because it is a huge investment and doesn't make sense to put it in the hands of others.
A friend of mine owns about 8 properties here in Texas. He's always complaining about somebody not paying their rent. With the amount of taxes, tentants paying late and maintenance, I would have gotten rid of those properties. No room for headaches. 🙄
Oregon is liberal hellpit🤣🤣🤣
This is very unfair to landlords. A landlord has every right to a legitimate credit check and legal matters of public record. The politicians who destroyed records should be recalled or replaced and this "decision" should be reversed.
Totally connecting with this, you're doing great, keep posting!
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The Florida Real Estate Market is about to Crash Even Harder!!
3 places crashed HARD HARD last time; Vegas, NYC, and Florida (especially South Florida).
Yes don’t move to Florida, the state is full.
@joelbeaver1093 my brothers have lived in Orlando for 15 years, I'm good where I'm at, thank you for the advice!!
@ Maybe you should move out then.
There is no financial security in the job market anymore. So no one can buy and no one can afford to sell because prices of all homes are EXTREMELY HIGH and increasing so State can get more taxes out owners.
This is a notice for all entities all around the country who gets an application from someone from Oregon.
The rent is too damn high!
Not compared to a mortgage payment. Plus taxes and insurance
That's what happens when the print 8 trillion, buy up 80 billion a month in MBSs, pandemicntax credits, all 20 million households to have 18 months of rent & mortgage moratoriums.
@Dmnr99 rent is to high compared to wages.
You say that ALL the time….lol.
Earn more money.
Rewarding Bad Behavior... typical for the government.
These are DemonRat policies
Had one rental years ago. Had a total of two tenants. Both trashed the property.
A lot of people blowing off steam.
This isn't the time of sod houses and pioneers building their own homes on 40 acres. Getting a house or an apartment building today requires financing, permits and a competent contractor. The homeless guy, the store clerk or the manager at Walmart doesn't build his own home.
The more difficult YOU (meaning you personally, the politicians you elect, and the laws you pass) make it for a person to make money doing residential construction, the fewer units will be made. Most people don't understand that, but they live with the consequences.
If a national builder considers constructing an apartment complex in Oregon and not be allowed to see evictions and a similar opportunity exists elsewhere without hiding evictions, it is a no brainer where he will build.
Putting legend aside, there was a time when a Jim Bowie or a William Travis could stiff their creditors and move to Texas and "start over". The reality is that a lot of people don't change. The guy evicted for being disorderly will be the same. Getting one disruptive tenant out can cost any profit of a small building that year. Paying $25 or $50 for a credit check (with explanation) is less expensive. So for all the readers who are angry and assert that all landlords are greedy, go ahead and invest your own money.
Unless you are renting to trusted family who have an established track record of being good for their debts, being a landlord isn't worth it. Invariably you'll end up dealing with worthless deadbeats who will ruin the property, always be late with rent and always with excuses, then flee into the night when it's time for them to move, usually with lots of back rent due. Also, you'll always have the frivolous lawsuit type that pretends to suffer injury on your property and they want to sue your insurance, banking on your insurance just settling with them and giving them some money without a court trial.
Bad tenants give all renters a bad name and stereotype them as ghetto riffraff trash.
If you are a landlord, make sure you check their credit for collections of damages of non paynent and, more importantly contact their previous 2 landlords for rental verification ! And personally id check social media to see what theyre really about before id rent to them.
Unfair for landlords and to tenants that pay their rents.
The PNW real estate is insane. 500k for 2/1 with no yard.
Left Seattle for that reason.
Story has it, that the houses being built today are failing apart 😮😮
Need to check 😊homes before purchase
Owning your own home outright is priceless.....
Well maybe people run into hard times in their life. Like with me a family member passing away and I had to take over on a house. Now I'm stuck paying for everything and I wasn't prepared for that. Don't be so cruel you could happen to you
Some do and some don’t.
LANDLORDS GOING TO GET WRECKED
Time to get proof of prior residency and landlord reference checks
And rents and everything are too damn high today. Everybody's greedy ripping everybody off. You can't take the money to your grave
Most are not greedy. They are making the same complaint that 8:59 you are about the expenses of running the building and being a landlord.
Mom and pop landlords are seriously disadvantaged right now. They are labeled the bad guys esp by social media…it’s almost communism level. Govt is going after “price gouging “ landlords while giving a pass to others. Govt gets to pick and choose which laws they enforce.
Ppl who live in communism countries are very unhappy.
The truth is ugly and that’s why ppl hate it and hide it. Eventually it all comes out because that’s real life.
Must be your area.
@Oldcarnut63' oh yes you can take it to your grave! lol
You'd hope these people with evictions getting expunged would have crap credit scores so they're not completely off the hook for their evictions.
Landlord here. My tenants dont move out often. We charge reasonable rent but insurance just nearly doubled $$$$.
There’s no incentive to work hard and pay my bills. Biden tried to issue excellent credit scores to losers, same as mine, even though I sacrificed ( no movies, eating out, new clothes, haircuts, etc), to make that happen.
What’s the point, anymore.
don't worry be happy, no response abilty is now normal look at the state of the country!
I know a couple on their third bankruptcy, purposefully! Their masters at this. I’ve only known them for about 17 years. And they somehow get credit cards with $30,000 limits, buy new cars, buy houses, and then they file bankruptcy, I don’t know how they pull it off what they do, but things are absolutely getting erased! They have been living well above average since I’ve known them.
As a compromise, how about an eviction can only stay on your record for so long? Let's say seven years, like a bankruptcy.
10 years now if your credit goes bad. Always try keep good credit or your sunk for 10 long years.
Nah, landlords should know if youre a deadbeat.
If I lived in that area and knew the law was coming, I'd go and gather all of the information from municipal, county or state records while they are still public, and then just sell it to a data broker. If I were a landlord, I'd ask if they ever not paid their rent or if they have been evicted. I'd also pull their credit score. If they didn't pay their rent, then they probably don't pay other bills too.
When I worked up north there was a guy in another department who was a landlord. I saw him driving through town one day in his pickup with the back loaded with junk. When I asked him about this at work he said he was on his way to the dump after cleaning out his rental after being stiffed. He said it was one of his biggest mistakes to take on a rental property. Nothing but a headache.
Shouldn't the states that do this be allowed to be sued because of how it affects the landlord's livelihood? Their doing this means that it is endangering these landlords.
What’s the point of paying my bills on time if we gonna let everyone just slide by
we're really hurting here in Oregon, because of the democrats and progressives policies. What's going to happen here, I think, landlords will demand a third party guarantor.
The way around the Oregon bullshit is for landlords to insist on the last two or three landlords names and contact details. Then actually check on their past payment and the prospective tenant's "taking care of property" record.
I bet there's something in the law preventing that.
That's not fair to landlords. Watch even more mom and pop landlords sell to even more corporations who WILL have the funds behind them, the atties on speed dial to deal with tenants.
That's the Plan !
The private equity firms will not have the same rules.
@ Exactly, Corporations will remove problem tenants.
@ Gee ya think???
Are homes owned by equity groups fireproof ? How much can you rent a pile of ashes for?
Poor landlords. Let's speak some truth. Landlords have taken advantage of tenants for the last 4 years. My rent doubled in that time frame.
I don't have tears for bloody thieves!
they also get to write off the cost of the building to zero, no tears here
Nope. If it's too high it would be empty. When my rent was too high I got a bigger apartment and 2 roommates.
Do you think it will be any different when the banks or Blackrock own all the house 😞
You should look at what's the cost of taxes, insurance, and maintenance. How much have those increased in the past 4 years?
Anyone supporting this sham market is a major part of the problem. Anyone who then tries to base a rent off a several overpaid for bubble price is a scumbag.
Solution is simple - previous landlords references, credit score report, background check - can't provide at least the last 2 ? No rent for you, stay homeless.
So if you can't provide that then your punishment is being able to save all the money you would have spent on incredibly overpriced rent? Doesn't seem like a punishment, seems like a great financial advantage.
Ripped the gas line out of the wall and tore out the banister stealing the stove and refrigerator while moving in the middle of the night.
Be ready for them to break the water heater so they can get free rent while you fix it, doesn't look good on a reference
Yeah that’s one of the reasons I paid cash for my rentals pretty cheap after housing crash in 2008.
I was extremely picky and only set my place up for certain types of tenants.
Even if empty I was fine. They were appreciating in value pretty good and all the rent went straight into investments and ran the bull run from 2009-2019.
It's amazing how hard it is in America to buy or sell a house --- when money is involved, everybody is playing games to sway the profit in their direction. Pretty soon, we will be seeing real estate libraries on college campuses similar to law libraries. America loves thousands of pages of rules & regulations to control the action on everything -- just ask the IRS, I think there's something like 20,000 pages governing your income!! The tax code should be 2 pages long -- first page tells you how much you made, second page tells you how much your going to pay....
So I hear you …however I have to disagree. The majority of the US citizens are facing homelessness. Most not for extreme cases like drug abuse or violence, but rather COVID shut downs have placed a lot of people in awkward situations that affected their credit and history negatively. With no fault of their own are being rejected because of past situations that were out of their control…
I’ve always said being a landlord is a bad idea for one basic reason…PEOPLE! Numbers on a screen are less of a hassle 😊
unbelievable....
Landlords are greedy scum. The amount of money they want for a 1 bedroom is just stealing our hard earned money. Can't buy a house cause who can afford that. We are screwed.
You and your renter friends vote yes to increase taxes at every turn. Taxes went up over 25% and insurance 20%. You want to buy - go do it.
Another big reason not to allow rentals of houses in my neighborhood. How about outlawing rental properties.
Outlawing rental properties? Hey Brain mush. What would 50% of American citizens do for housing. Go back to sleep.
oh great, they should delete all credit score below 700 !!! right now. to address housing challenges.
In the 39 years of owning rental properties, it's been perfect. No deadbeats, no lawlessness, a couple of bounce checks (made good almost immediately). But location location location in Huntington Beach CA helps tremendously😊
Agreed, Im in central NJ. Being a landlord is a job. Im old and in R/E over 40 yrs. Most newer landlords think it’s just collecting a ck. It takes a lot of trials and tribulation experience to get to that stage…
Doing your due diligence upfront as a landlord pays off in the longterm of the relationship.
No👆
One caveat to this whole thing. History has a tendency to repeat itself. They better remain in Oregon.
I live in Canada and I was about to buy a house this year as a vacation property,but the way the things going I’m not sure anymore
My insurance company does not value my house according to the market. They look at what my house would cost to build it today and that is its estimated value.
Crazy right.... but you can count on them nickle and diming you when it's time to pay out a claim no matter how they value your property.
This is the same treatment the banks got in 2008
Beeing a landlord isn't that easy like it uses to look and especially in this environment where people are struggling financially and can't make the rent payment!
Or the landlord struggling to pay his mortgage and being expected to carry freeloaders.
Profit margin for landlord for single property is low. Not worth it. Maybe good for big investment firms.
Nobody is going to buy an investment property in Oregon anymore, not even the big corporations. Anyone who already has an investment property won’t have an incentive to rent. This is going to crash the property market in Oregon. What a disaster.
Absolutely PERFECT ! Tat should bring the cost of housing down by 50%
Agree with you Michael
Here in new England, prices continue to go up and I don't think they will ever go down as there are just too many people with money and very little new construction
One of the criteria that they were not mention is if you were white and single, you’re not eligible for the eviction expunding
So true...
1:27 How about the Sackler's family and the opioid crisis.That's where we can't get pain meds now.
Rich people are forgiven and forgotten all the time
go woke, go broke
Will you please stop quoting King Crazy in the Whitehouse? Thank you.
@@BillySBC The crazies have left the Whitehouse, sanity and common sense has returned. Go woke, go broke. Cope harder.
@@DirtDog. Bro absolutely nobody agrees with you on that, Crazy King Don has half of America ready to fight for Canada and Mexico in a war. You think that's good leadership?
Don't be a landlord where democrats are has been common sense for a long time
Exactly. Deranged leftist hate anything to do with accountability.
Jfc. Bullshit manipulation. Make sure you who are lessors in that area do your due diligence! If possible. Honestly just sell that shit while u can.😅
People must not only take responsibility for their actions, But must beheld responsible for their actions or this will obviously lead society on to a downward spiral.
Downward spiral IS the goal of the global agenda…sadly, still in play in many deep blue states.