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How many investment properties is too many?
#10
(01-12-2021, 02:44 PM)Lilith7 Wrote:
(01-12-2021, 02:16 PM)Oh_hunnihunni Wrote: Dear friend of mine has been a tenant in the same property for 26 years. She has just been given notice to vacate because the LL is selling up.
Imagine the shock that must be.
That must be absolutely awful - especially now.
Yup. Raised her son there, and now she has his son. Great Christmas present, eh?

(01-12-2021, 03:04 PM)TygerTung Wrote:
(01-12-2021, 02:44 PM)Lilith7 Wrote: That must be absolutely awful - especially now.

It shouldn't affect the landlord if she/he has had the property for 26 years as that is plenty of time to pay off the mortgage.
The owner will profit hugely. His tenant on the other hand is in real trouble.

We need a more even balance of power for tenants. For good tenants especially. After all, this one has paid his mortgage off...
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RE: How many investment properties is too many? - by Oh_hunnihunni - 01-12-2021, 03:09 PM

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