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Old 12-21-2020, 04:16 AM   #11  
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Just what we need...More debt for the country.
Yeah, but $600.

And my tenants donít have to pay their rent. So I see this as a total win.
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Old 12-21-2020, 04:36 AM   #12  
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Some one is going to have to pay that back. Better work on your tax strategy now.
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Old 12-21-2020, 05:37 AM   #13  
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Yeah, but $600.

And my tenants donít have to pay their rent. So I see this as a total win.
The whole thing is absurd.
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Old 12-21-2020, 05:49 AM   #14  
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The whole thing is absurd.
Unfortunately, restaurants generate $900 billion a year and employ about 15 million, not to mention the food supply, etc. to these businesses. We are in the same boat. And most of us are still getting an orange envelope.
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Old 12-21-2020, 06:55 AM   #15  
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Originally Posted by Flying Yak View Post
Some one is going to have to pay that back. Better work on your tax strategy now.
Quote:
Originally Posted by 3 green View Post
Just what we need...More debt for the country.
The rich rule over the poor, and the borrower is slave to the lender. óProverbs 22:7
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Old 12-21-2020, 07:40 AM   #16  
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What is the point of bringing unneeded employees back. Every airline in America has already dealt with the problem. Lots of stay home at low pay programs/leaves with benefits programs/early retirement programs etc...Very few actually furloughed or laid people off. The point is there is no need for 25-30% of capacity...So park it, lay off, furlough etc....Pretty clear to anyone that looks big picture that it is going to be a long slow grind back...Years and so be it.
My phone has rung every day since I got back from my trip on Sat from crew sched asking us to pickup premium flying. A week ago it was the same thing. Our reserve levels in my BES are in the high negative numbers (woefully understaffed ATM - mostly due to NQAT folks). January is a historic low month. But if we are having trouble staffing the airline now, it's going to be interesting as we ramp in to the summer. I think optimizer 6.9 is going to have a melt down.
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Old 12-21-2020, 07:47 AM   #17  
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Just what we need...More debt for the country.
Im with ya but that ship has sailed. Lost decade if we're lucky.
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Old 12-21-2020, 08:50 AM   #18  
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Yeah, but $600.

And my tenants donít have to pay their rent. So I see this as a total win.
Are you actually seeing collection problems? Have you gotten any of the "free cheese" for the loans?
For the storage facilities we operate, collections have been relatively strong. The apartments we are invested in have only had a slight drop in collections. There will be a few evictions, once the courts open up. Most have been paying or leaving on their own if they can't pay.

What have the rest of you rental property owners experienced?
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Old 12-21-2020, 09:52 AM   #19  
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Are you actually seeing collection problems? Have you gotten any of the "free cheese" for the loans?
For the storage facilities we operate, collections have been relatively strong. The apartments we are invested in have only had a slight drop in collections. There will be a few evictions, once the courts open up. Most have been paying or leaving on their own if they can't pay.

What have the rest of you rental property owners experienced?
One of my tenants wanted a shortened lease because they were wanting to purchase a home. They wound up extending the full 12 because home prices have shot out of sight and there's no inventory without getting into a bidding war.
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Old 12-21-2020, 10:05 AM   #20  
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Are you actually seeing collection problems? Have you gotten any of the "free cheese" for the loans?
For the storage facilities we operate, collections have been relatively strong. The apartments we are invested in have only had a slight drop in collections. There will be a few evictions, once the courts open up. Most have been paying or leaving on their own if they can't pay.

What have the rest of you rental property owners experienced?

Ive had no problems. I was just speaking rhetorically. As prior military, I mainly bought housing units Iím around base. Those people still get paid. But, Iíve hear horror stories, and in S FL itís impossible to evict right now. No free cheese for me.
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