[AT] One additional wiring note (rentals)

[George Willer]

I guess for those who aren't or haven't been landlords, it's easy to 
misunderstand our side.  I entered the landlord business many years ago when 
I bought a large property in a good neighborhood.  I built 24 upscale 
apartments in addition to the main house, thinking dealing with a higher 
class of tenants was the only way to go.  Even so, it seems we had differing 
ideas of how rentals were supposed to work.  I thought the rent gave people 
the right to use the property.  Some of the tenants thought it was for the 
right to use it up!  It's been 30 years since I sold the project and I have 
never regretted it.

I never thought the small profit was worth the grief, and keeping occupancy 
high enough meet expenses required a lot of careful work and was very risky.

Bah Humbug!

George Willer

----- Original Message ----- 
From: "Cecil E Monson" <cmonson at hvc.rr.com>
To: "Antique tractor email discussion group" <at at lists.antique-tractor.com>
Sent: Sunday, December 12, 2004 8:34 AM
Subject: Re: [AT] One additional wiring note


>> I cannot speak for Cecil, but I am not a slum lord.  I run the rental
>
> as a business.  You don't see Wal-mart saying its Christmas, everything
>
> is free, why should we..  I have some compassion for people who cannot
>
> pay their bills, but none for people who will not pay their bills. Maybe
>
> if a few that moved out left me an old tractor, I might have a different
>
> outlook.
>
>
> I answered a post a few days ago because it hit me where I have
> quite a bit of knowledge. I have owned rental property for almost 50 
> years,
> am a licensed real estate agent in New York State, and can tell you that
> no one in his right mind would own rental property as anything other than
> a business. Asking me if I ever sat down with a tenant that has never paid
> a penny months after he moved in does not show that much thought was given
> to the question before it was asked. Casting a slur at landlords who own
> property by indicating they are "slumlords" is also a sign of poor or
> no thinking.
>
> To put this in context, if you had an antique tractor for sale
> and sold it to someone that claimed he had no money at the time but would
> pay you monthly and then he took the tractor and never paid another penny
> and showed no signs of ever paying, you would be looking for options to
> either get the tractor back or get the money. If you then took him to
> court to get either one and the judge gave him another 30 or 60 days to
> pay or return the tractor and you ended up getting it back 3 months later.
> When you picked it up, you found it had been abused, fenders and hood
> dented, tires run flat, radiator allowed to freeze with water in it and
> lights missing, and you had to put it back in shape at your own expense,
> you would then be close to being in the same mood as a property owner who
> has had a bad experience with a tenant.
>
> I hope this ends this thread for all of you as it has for me and
> that we can now get back to antique tractors.
>
> Cecil
>
> -- 
> The nicest thing about telling the truth is you never have to wonder
> what you said.
>
> Cecil E Monson
> Lucille Hand-Monson
> Mountainville, New York   Just a little east of the North Pole
>
> Allis Chalmers tractors and equipment
>
> Free advice
>
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