Pretty much lol
Pay attention for any of you, the EULA stuff has been a lot more normal than usual the past 2-3 years, I forgot to include AirBNB as another one
tenant refuses to pay rent, hardworking owner is out of luck
- Thread starter stinkynuts
- Start date
Pay attention for any of you, the EULA stuff has been a lot more normal than usual the past 2-3 years, I forgot to include AirBNB as another one
99% of landlords would not mess with that and they would be right. The money is not big enough. You not gonna hire professional gangsters. You gonna hire some scum and if things go south which they probably will, they will give you up to the cops.
Then 12 jurors (who are probably very brave when talking about hiring thugs on the internet) would sympathize with your cause but none of twelve will have the guts to find you not guilty and they will unanimously fuck up your life and possibly forever.
Sounds like the tactic of a thorough going asshole. Is that from somebody's book?
!!!Just reverse squat them.
Once they leave the home, enter YOUR property and remove their belongings. If possible switch the locks. When they return f* them. They want to fight about it, lets go.
Once they leave the home, enter YOUR property and remove their belongings. If possible switch the locks. When they return f* them. They want to fight about it, lets go.
Well tens of thousands gleefully, gladly, and yes greedily jumped in with eyes wide open to gobble up housing units as an investment asset class, not as a residential home, when it was all days of wine and roses and profits.
When 60 - 70% of all new build condo units were gleefully, gladly and greedily snapped up by investors including tens of thousands of "mom and pop" capitalists as just another asset class in the last 5 years, please forgive me for puking and not giving one fuck for their crocodile tears.
So it doesn't occur that these rules and the existence of the Landlords and Tenant Board itself is to try and settle disputes between asshole tenants and asshole landlords ? You own property and are legally getting return on your investment. Just because you own the property doesn't give you the right to enter the house whenever you want, invite yourself to dinner, flirt with the wife. Similarly, if you are living on property you do not own and not paying rent - you are out. If you have some economic hardship - apply to the Ont Gov and get them to pay your rent or find you alternative accommodations.
The problem (in my opinion) is that Landlords and Tenant Board is not funded and has a backlog so long, it has become a farce for both sides.
I was renting an vintage retirement home for almost 10 years. The landlord liked me and gave me a great rent rate rather than trust unknown tenants. They sold the property to a small Italian development group that immediately gave me a few weeks to vacate the premises. I had no problem - I will look for a new place but it would some time house hunting. Legally I had 6 months to move but I expected it would not take me that long. When I wasn't home one of the new landlords visited the house and told my son to tell his dad that Christmas was going to be in the dark with no light or heat if I wasn't gone.
I don't rely on third party advice so and all the legal information is at your fingertips if you have the patience to look for it. About a week later I was served with an N12 notice that the landlord had a relative moving so I had to be out in 30 days. The actual allotted time was 60 days for a N12 and if the faulty N12 was brought to court and found invalid, the time clock starts all over again. If it is proven the N12 was bogus - there are heavy fines that can be issued. I looked into recent permit applications and found one recently applied for to have the property on the house I was renting subdivided. That was proof that the N12 was bogus and I could not only tie up the property in the courts but get a nice settlement for my efforts.
I found a place I wanted to move and I wanted this issue behind me. I was tempted to hold on and meet with the Landlords and Tenants Board but they are backed logged months. I sat with one of my new landlords and laid my cards out. I got $7500 to move and drop any grievances.
I point this out to illustrate their are bad faith landlords who don't care a shit about their tenants. I fought but the N12 has a history of abuse. The only way to be fair for both sides is to get the funding for the board to resolve issues faster. I really believe that any delays in carrying out eviction notices should be covered by the government and they chase the tenant. Maybe the government would then make the effort to shorten the appeals process to save themselves money instead of private citizens footing the bill.
I voted for FORD 2x. I have always voted Conservative. It is truly sickening that a majority government has done NOTHING to fix this board. Is his government [ FORD ] so stupid that they do not realize that this ridiculous situation is exacerbating the rental housing situation - how many units are being held off the market or not being built because of this . I never thought I would say this but OLIVIA CHOW is far smarter and far more competent than FORD even though I do not agree with many of her policies.
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Could be worse. Could have been Trump you voted for. Be thankful you're Canadian...
Here's the thing:
The "Board was not broken" prior to Doug Ford getting his hands on it.
He orchestrated a wholesale purge of adjudicators right out of the starting gate which has caused this massive backlog just because these adjudicators were appointed by the previous Liberal gov't.
Sad update on the story: after many years and finally getting a hearing, the LTBO ruled that the girl can stay indefinitely.
I am surprised no one sees this.
From my side of the wall.
Ford (Gov't) don't want people on the streets.
Hence why tenant can delay eviction notices.
People should not be allowed to buy Condo / house for investment. Unless the building is deemed or assigned tenant / rental.
IF this is the case, people not buy for investment , less condo's would be for sale.
If owners stopped paying the bank for the "house" I am sure the banks will evict tenants out very fast.
The LTB is not broken it was created like this on purpose to create or supply more jobs. For example, sheriff, lawyer/ paralegal, court room rental, printing field and so many others.
I can see an explosion of "For Sale" or default payment to banks. Once the banks have to many houses on their hands LTB will evict people so fast and the houses will sit idle I think.
From my side of the wall.
Ford (Gov't) don't want people on the streets.
Hence why tenant can delay eviction notices.
People should not be allowed to buy Condo / house for investment. Unless the building is deemed or assigned tenant / rental.
IF this is the case, people not buy for investment , less condo's would be for sale.
If owners stopped paying the bank for the "house" I am sure the banks will evict tenants out very fast.
The LTB is not broken it was created like this on purpose to create or supply more jobs. For example, sheriff, lawyer/ paralegal, court room rental, printing field and so many others.
I can see an explosion of "For Sale" or default payment to banks. Once the banks have to many houses on their hands LTB will evict people so fast and the houses will sit idle I think.
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Most of or some people are financially not competent enough to save 5%, have the means to afford a mortgage payment and other associated cost of home ownership, may not be economically viable risk for bank to offer a mortgage, and many other reasons.
This is where investor step in and buy the condos or duplex a house to those who are not able to get a mortgage for whatever reasons.
You can limit investors from buying properties but then it would limit the amount of new rental available or to increase. Government while having lots of bucks is slow as fuck and would not be able to execute as fast as private investors.
Banks would have to go through the same process as regular landlords. Perhaps they could have more flex since they have massive legal department and influence but they still have to go through the process.
The LTB is a lefty government organization which doesn't take a reasonable fair stance. Lots of anecdotal evidence that supports unreasonable delays in eviction for tenants that would be deemed irresponsible by most. Though it wasn't as bad pre COVID it was a progression of feels before reals that made my decision of exiting the rental game. The writing was on the wall back in 2010.
Most shoe box condos in Toronto are up for sale are rentals that don't cash flow. Owner would rather let them sit and lose money then have a nightmare tenants as the ones depicted in the thread. Other rental properties such as multi unit are sitting as well. They don't cash flow at today's rates especially in the commercial game which has much higher rates. Even if banks get them out they won't sell at to big of a loss. They can't.
Honestly I think Canada is fucked short term say 10 years. It would require systemic change on a massive scale to effect the housing market. Private investors would need low rates to facilitate building, lower fees from municipalalities and shortened permitting times and bureaucracy, revamped tenant laws to make any dent to sway investors. Investors want to make money and have no issue allocating resources if they get a return on investment if it's a reasonable risk. Currently the risk is not worth it when it's not cash flowing, and the tenant laws being so one sided.
As for the homeless, it's going to get so much worse no matter how much money is thrown at it. When you give people free shit there is no incentive to improve. They do not understand the relationship between money, time, effort and grind to actually earn it yourself.
I'm a big fan of institutionalization of people who are unable to be responsible for themselves. It's a slippery slope though deeming who is competent or not but what alternative do we have as a country when people left to their own choices make such bad decisions and don't have skills to change their life.
There could be some issues with your idea.
Most of or some people are financially not competent enough to save 5%, have the means to afford a mortgage payment and other associated cost of home ownership, may not be economically viable risk for bank to offer a mortgage, and many other reasons.
This is where investor step in and buy the condos or duplex a house to those who are not able to get a mortgage for whatever reasons.
You can limit investors from buying properties but then it would limit the amount of new rental available or to increase. Government while having lots of bucks is slow as fuck and would not be able to execute as fast as private investors.
Banks would have to go through the same process as regular landlords. Perhaps they could have more flex since they have massive legal department and influence but they still have to go through the process.
The LTB is a lefty government organization which doesn't take a reasonable fair stance. Lots of anecdotal evidence that supports unreasonable delays in eviction for tenants that would be deemed irresponsible by most. Though it wasn't as bad pre COVID it was a progression of feels before reals that made my decision of exiting the rental game. The writing was on the wall back in 2010.
Most shoe box condos in Toronto are up for sale are rentals that don't cash flow. Owner would rather let them sit and lose money then have a nightmare tenants as the ones depicted in the thread. Other rental properties such as multi unit are sitting as well. They don't cash flow at today's rates especially in the commercial game which has much higher rates. Even if banks get them out they won't sell at to big of a loss. They can't.
Honestly I think Canada is fucked short term say 10 years. It would require systemic change on a massive scale to effect the housing market. Private investors would need low rates to facilitate building, lower fees from municipalalities and shortened permitting times and bureaucracy, revamped tenant laws to make any dent to sway investors. Investors want to make money and have no issue allocating resources if they get a return on investment if it's a reasonable risk. Currently the risk is not worth it when it's not cash flowing, and the tenant laws being so one sided.
As for the homeless, it's going to get so much worse no matter how much money is thrown at it. When you give people free shit there is no incentive to improve. They do not understand the relationship between money, time, effort and grind to actually earn it yourself.
I'm a big fan of institutionalization of people who are unable to be responsible for themselves. It's a slippery slope though deeming who is competent or not but what alternative do we have as a country when people left to their own choices make such bad decisions and don't have skills to change their life.
I cannot be how retarded things have become in Toronto.
Saw a video of a home owner in Buffalo, he got a big snake and let it loose in the upstairs apartment. The tenants were living below and were not paying the rent.
Try that here and the home owner would end up in Jail.
Saw a video of a home owner in Buffalo, he got a big snake and let it loose in the upstairs apartment. The tenants were living below and were not paying the rent.
Try that here and the home owner would end up in Jail.
