Landlord Stung

Registered with Property118.com
Thursday 10th December 2015


Latest Comments

Total Number of Property118 Comments: 5

Landlord Stung

9:32 AM, 13th December 2015
About 4 years ago

Using the rent to keep up with the Jones’s

Great work Mandy! Though this is the last time I take tenants from abroad... Read More

Landlord Stung

22:41 PM, 12th December 2015
About 4 years ago

Using the rent to keep up with the Jones’s

Believe it or not, I did have landlord insurance and rent protection. However, the insurers found a loophole with the referencing (given they came from abroad) which made everything void. How convenient.

Together they make 76K which is enough to sustain anyone reasonable. But you don't get it, these guys had it all and everything at best quality. 3d 55" TV, another one in the bedroom, Prada, Valentino, Dior shades, porcelain Christ dolls at $150 a set, a 3m trampoline, garden furniture of the top brand, Barbie dolls as many as you can count, action figures ( Marvel's - what else) in the tens and so much more luxurious stuff. They just bought a brand new HP laptops, 2 iPad minis to top their iPhone 6s that both have and so much more. Their spending is through the roof.
Having been here for some time now since the eviction I can certainly say that these people are true shoppoholics. Somewhere I potty them. Then I get full of rage again.
I guess the cosmo sent them to me for a reason.

Point is, you can do everything right, be the perfect landlord taking all necessary precautions and still get stung. And then it takes months before eviction. Months of building debts not only to me but leaving a trail of debt everywhere they go.... Read More

Landlord Stung

0:55 AM, 11th December 2015
About 4 years ago

Using the rent to keep up with the Jones’s

200 per month is a good amount that I wouldn't take lightly.
I am not giving up on AOE. I promised myself that I would haunt them as they haunted me and got me into debt.... Read More

Landlord Stung

23:41 PM, 10th December 2015
About 4 years ago

Using the rent to keep up with the Jones’s

100 pound a month as part of attachment of earnings would take way more than 6 years to recover the whole debt.

This is one of the problems that the law really has no teeth. By the time the tenant is evicted, months go by the the debt accrues.

I also find that debt collection on tenancies (as opposed to businesses) is useless. People in debt don't have valuables to cover their debts. There is nothing to threat them with. What, we'll take your TV? Your surround? Waste of time. During the debt collection period, their debt continues to accrue.... Read More

Landlord Stung

22:31 PM, 10th December 2015
About 4 years ago

Using the rent to keep up with the Jones’s

When you meet these guys, they look trustworthy to you. There are the tenants that you want to occupy your property.
The tenants went through screening and credit check found them to have A ratings.
The thing is, the tenants relocated back from Abu Dhabi and although both have a UK passport, I bet the credit check companies don't check your credit rating from your country of origin. I bet they fled from debt they had in Abu Dhabi.... Read More