Message from @Caramon Majere
Discord ID: 796331568909778984
Theres no money in it. Subsidized housing nets the owner about $150 per month per unit. That has to cover the maintenance costs, too.
You have to own 100 units to turn an effective profit.
too many 'renters' fail to read the fine print of the rental agreement...even tho they're reminded several times about it verbally....when renting at reduced rate while allowed to live in a house under 'housing under development' , they have to be allowed to come to work on the house...even have housing auth staff with them while they work on the house while those 'renters' are living there
last person that got removed from such a house, the neighbors provided food and drinks for the security for the place to make sure no retribution came down on the house
Lmao, I've built HUD Houses and Section 8 apts for 20 years. You're preaching to the choir.
i mostly help home owners learn how to fix their own homes and avoid high costs
The last 6 years have been nothing but renovation work, and a few tenants have been evicted for keeping us from doing our job.
I had one job where we had to pave around a car. A lot for a 50 unit subdivision with 1 little spot unpaved. The owner had to sue the person to recoup costs to come back.
i try to explain it to home/apartment renters to stop using just drywall
plywood under the drywall is best, reduces damage costs over time
Shit, osb is cheaper than drywall
asshole renters will put holes thru walls
Oh, yeah, they love to do that. The govt made us switch to solid core doors to prevent damage, too.
Doubles the initial cost
be happy they didn't make u switch to all heavy gauge steel frames for doorways
otherwise u'd never be able to remove bad renters
Depends on the building type. I've had 2 projects that used steel jamb entry doors.
i prefer tungsten steel myself ....resistant to blast damage
costly as hell...need custom workshop to make it
Lol, I'm glad I've rarely worked for the owners.
As the GC, I'll just charge extra.
well most of these renters don't know that in 'castle doctrine' states...it doesn't protect 'renters' from the 'home owners' doing the renting
No, but squatters laws do.
A person can get 6 to 9 months rent-free.
most 'squatters' laws are court laws, not constitutional laws...also they only apply when it's an abandoned property...not an active rental estate
if a property gets new owners while it's been seemingly 'abandoned' for a few squatters ...they're protected for a short period but they have to leave when the new owners come into play
most ppl don't realize we're not under 'court' laws anymore ...we're phasing back to pure constitutional laws completely
I've heard enough horror stories from owners to know that there are laws that prevent evictions from gov't subsidized housing. These guys own thousands of units and have lawyers on retainer 24/7.
They lose months of income from tenants every year. Doesnt matter if the tenant broke their lease or not.
well breach of contract between squatting 'renter' agreement with gov is grounds on any level for eviction
It can take 3 to 4 months to reach eviction status, and it can take another 3 months to evict if the tenant wants to be a dick. Then you'd have to sue them and hope they pay you.
nephew was renting a place with his now separated ex-wife...he got himself out of the lease and she's unemployed ....he's staying with me now
If its subsidized, her unemployed status would qualify her for rental assistance.
my home isn't up to par of his rental place but at least it has 2 full working bathrooms with bathtubs
also having a table saw in the basement and permission to remodel his 'room' if he wanted to
I put in full kitchens with dishwashers and garbage disposals, washer/dryer hookups, and at least 1.5 baths for apartments that get destroyed in a year by the tenants.
About 20% of the renters take care of their stuff.
if it makes u feel any better, from time to time i hit up craigs list for damaged appliance to buy up and restore for my personal use
it's how i got my fridge and stove recently in the past 2yrs
i keep spares around incase something breaks
I get mine from the remodels I do, lol. Good or bad, all appliances get replaced.