The joy of being a landlord

[NVP]

Said by a true hobbyist landlord. What criteria would you use to make a decision? "Vibe"? lol

Wtf? You gonna chime in with your vast experience, or just keep trying to troll with unsubstantiated nonsense.

Lovely demonstration of why these changes are needed.

Not really. Why do you think vetting is a thing?

I pretty much exclusively rent to professional couples (young family included). Rent is always paid, property is always cared for and in some cases improved. Additionally, they communicate professionally which is a bonus.


Should I not be allowed to chose who rents my properties? If not, why?

 

[StriderX]

Hostile policy is inevitable as that's all this country can do nowadays, an impressively ironic consequence of the punishment fetish older people have for the poors.

There's no genuine solution because that would require the voters choosing politicians that care about that, sadly the electorate have consistently chosen to put results at the bottom of their priorities in preference for getting shovelled a steady diet of pleasing rhetoric and outrage porn... so when a problem can no longer be ignored the drawer of sticky plasters is the only option since nobody knows or cares where the drawer of lasting change is.

 

[Freakbro]

Should I not be allowed to chose who rents my properties? If not, why?

We are already limitied within some criteria, like you wouldn't be able to discriminate on the protected characteristics (sex, age, gender etc) all this is doing is extending the criteria to include some other demographics (benefit claimants, pet owners and families), which is fair enough since it also seems to balance out by making it easier for us to repossess properties from problem tenants?

 

[200sols]

Should I not be allowed to chose who rents my properties? If not, why?

You shouldn't be able to discriminate against people, no.

 

[NVP]

We are already limitied within some criteria, like you wouldn't be able to discriminate on the protected characteristics (sex, age, gender etc) all this is doing is extending the criteria to include some other demographics (benefit claimants, pet owners and families), which is fair enough since it also seems to balance out by making it easier for us to repossess properties from problem tenants?

Yes, I understood and don't contest the decision. My question was directed at those commenting, the ones I quoted.

 

[Mesai]

Good for the market?
Do explain

Single entities owning multiple properties drives up the price, and they're often buying small to medium setups, which is predominantly what younger people would be looking to buy.

If it stopped being so lucrative for these LLs then they'd dump the properties, adding stock to the market and causing a price balance.

 

[NVP]

You shouldn't be able to discriminate against people, no.

Why not? It's my property that I'm choosing to rent out. If I don't want unemployed chavs living there, should I not be able to refuse them?

If I'm not discriminating based on the well established protected characteristics of people, then it should be my choice who I wish to rent.

It's just a vetting process for a private contract between consenting parties, that's not really discrimination, is it?

 

[Mesai]

Why not? It's my property that I'm choosing to rent out. If I don't want unemployed chavs living there, should I not be able to refuse them?

If I'm not discriminating based on the well established protected characteristics of people, then it should be my choice who I wish to rent.

It's just a vetting process for a private contract between consenting parties, that's not really discrimination, is it?

It should be equal on both ends. LLs shouldn't be able to randomly discriminate, but you should be able to put prospective tenants through affordability checks, and there should be a rental history database reviewing both tenants and LLs.

 

[NVP]

A historical database would be useful in some cases, however in practice it would most likely be abused like Google reviews.

If we're forced to accept demographics we do not trust, it will change where I advertise some of my properties.

 

[200sols]

Why not? It's my property that I'm choosing to rent out. If I don't want unemployed chavs living there, should I not be able to refuse them?

If I'm not discriminating based on the well established protected characteristics of people, then it should be my choice who I wish to rent.

It's just a vetting process for a private contract between consenting parties, that's not really discrimination, is it?

Because we want a rental market that works for everyone, we cant have vast swathes of it locked away and only accessible by professionals with no families or pets. Millions of working people also receive benefits, they need places to live and they arent all chavs either. Even the Tories agree it seems although the full details will probably reveal some.hidden nasties.

 

[dlockers]

Wtf? You gonna chime in with your vast experience, or just keep trying to troll with unsubstantiated nonsense.

I work with lots of hobbyist landlords who still think the house they rent out is their home; not a business. It is tiring to hear them whinge about bins being left out and gardens being unkept. Hobbyist landlords drive up the prices of accessible properties and are often poorly funded to maintain them correctly.

 

[Mesai]

A historical database would be useful in some cases, however in practice it would most likely be abused like Google reviews.

If we're forced to accept demographics we do not trust, it will change where I advertise some of my properties.

It would have to be a government scheme and strictly supported by evidence.

You'd also need controls in place e.g. submitting pictures of the property before move-in, etc.

 

[NVP]

Because we want a rental market that works for everyone, we cant have vast swathes of it locked away and only accessible by professionals with no families or pets. Millions of working people also receive benefits, they need places to live and they arent all chavs either. Even the Tories agree it seems although the full details will probably reveal some.hidden nasties.

Which is why more social / Council housing is required. Private landlords shouldn't be forced to fill the gap. I agree not all will be bad tenants, but when you get down to the dregs the risk is higher, and that's something private landlords should be allowed to avoid.

I work with lots of hobbyist landlords who still think the house they rent out is their home; not a business. It is tiring to hear them whinge about bins being left out and gardens being unkept. Hobbyist landlords drive up the prices of accessible properties and are often poorly funded to maintain them correctly.

So you are just going to troll with unrelated nonsense then

 

[bigmike20vt]

Said by a true hobbyist landlord. What criteria would you use to make a decision? "Vibe"? lol

why so salty? and yes bins being left out and gardens unkept is a valid reason to not want people living in your property. the fact you think this is acceptable says more about you than you would probably like..... I am happy for who ever wants to live in our flat, kids or not, rich or poor... but i expect it to be maintained, if a tenant cant do that, then i should be allowed to ask them to leave..

the fact you dont think that is important would be a massive red flag for living in our property... and it isnt just about us, its more about the neighbours.

 

[NVP]

why so salty?

I think it's jealousy of his colleague's foresight.

 

[dlockers]

Which is why more social / Council housing is required. Private landlords shouldn't be forced to fill the gap. I agree not all will be bad tenants, but when you get down to the dregs the risk is higher, and that's something private landlords should be allowed to avoid.

If you guys aren't filling a gap in the market then what are you doing? Just holding supply for your own personal gain?

 

[dlockers]

I think it's jealousy of his colleague's foresight.

My single house is worth your entire portfolio and we know how percentage growth works

 

[JonRGV250]

You'd also need controls in place e.g. submitting pictures of the property before move-in, etc.

Isn’t that already a thing?
My agent has always fully photographed my property before any tenant moved in, and also does it on a yearly basis during an inspection.
Maybe my agent is better than some?

 

[dlockers]

the fact you dont think that is important would be a massive red flag for living in our property... and it isnt just about us, its more about the neighbours.

It isn't your home; and the neighbors aren't your problem.

 

[NVP]

If you guys aren't filling a gap in the market then what are you doing? Just holding supply for your own personal gain?

No, no. I just buy houses so other people can use them Of course it's for my own personal gain.

My single house is worth your entire portfolio and we know how percentage growth works

I very much doubt that, but you carry on.