Re:Ask HN: What passive income investments exist to suppleme...
by throwkeep on Monday May 10, 2021 @12:58PM
(#27108152)
And that can quickly disappear for those who end up with tenants that don't pay and can't be evicted.
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Re:Ask HN: What passive income investments exist to suppleme...
by throwaway088 on Monday May 10, 2021 @01:06PM
(#27108259)
That's my fear. But can you tell me in what situations I cannot evict my tenants. (Honest question).
Re:Ask HN: What passive income investments exist to suppleme...
by ac29 on Monday May 10, 2021 @01:55PM
(#27108831)
Even when you can evict your tenants, it can take a long time, since you have to go to court. Had a friend have a property get absolutely destroyed by tenants that took a while to evict - 10s of thousands of dollars of damages. Of course, you could sue to recover your losses but these sort of tenants are usually an empty bag - you can't collect money they dont have and a small security deposit wont cover much. These situations are uncommon, but hardly unheard of.
https://www.nolo.com/legal-encyclopedia/the-eviction-process...
Re:Ask HN: What passive income investments exist to suppleme...
by ixacto on Monday May 10, 2021 @01:18PM
(#27108385)
Most states have eviction moratoriums until 6/30 right now due to the pandemic.
Re:Ask HN: What passive income investments exist to suppleme...
by throwaway088 on Monday May 10, 2021 @01:36PM
(#27108608)
Got it. Thx
Re:Ask HN: What passive income investments exist to suppleme...
by refurb on Monday May 10, 2021 @08:14PM
(#27112602)
Right now? CA still has an eviction moratorium going. If your tenants stopped paying rent you’d just have to bank roll it until it ends and you evict them.
Re:Ask HN: What passive income investments exist to suppleme...
by renewiltord on Tuesday May 11, 2021 @05:49AM
(#27116123)
If he can handle the cash flow, he'll be fine. The government printed enough money to pay him in the end.
Re:Ask HN: What passive income investments exist to suppleme...
by yeswecatan on Monday May 10, 2021 @01:09PM
(#27108287)
COVID?