Best Posts in Thread: Self Policing of ourselves.

Rentals need to be run like a real business. To set out to make money with rentals and then b*tch about associated problems is lame. If you can't stand the heat, get the **** out of the kitchen.

I haven't had a rental which cost more than $200 / month for a long time. How is it that the foreigner was able to rack up such a large bill? The deposit is meant for offsetting risk. Once the bill hits a certain trigger point, then the tenant needs to go.

Same for utilities. You would have to let them go for quite some time to get to 13K.

If you can't deal with the rentals, then get a property manager who can. People get too emotionally involved in these rentals (they shouldn't be renting them out if that's the case.) Collect the rent. Pay someone to clean empty units and repair damage. Do what you can to minimize losses. If you are losing money, then you are doing something wrong. Keep doing the wrong thing, then you won't be in business.

 

I just learned a foreigner living down the street (most likely US, since is son was supposedly from US but living in the Philippines for 7 years with his father and filpina step-mother) has run off leaving his rental obligations behind of approximately unpaid 39,000 P (including 13,000 utility bills). He disappeared without notifying the owner, and the owner has blotter the incidence. The house has had two foreigner tenets since I have moved here, but the owner no longer want foreigner renters. We hear about the Filipino landlords being unfair at times, but what about us?

I never met this man as he was a loner, but his actions will reflect on me and other foreigners in the community.

We need to observe the actions of expat community, and try to make our actions respectable toward our communities and the Philippines as a whole. Between the sexual activities of some of the foreigners that have been recently publicized here and this I am sure foreigners' community is not gaining respect around my neighborhood.

I do not have any great, or even mediocre solutions but I do see a problems getting bigger. Some form of self-policing may be wise for the expat community.

 

Leading up to saying , HA! he just upped and Left? but then there are always two sides to a coin.

JP

 

Wrye, I agree completely! Many of us moved from the US because of the pervasive and invasive Federal, State and Local governments, homeowners associations and a myriad of other like minded "busybodies". I would tell anyone here to "p*ss off' should they have the audacity to tell me how to run my life or my personal affairs!

 

Where money is concerned do any of them Play by the rules? and if they did it would be THEIR rules they played bye.

Do we not say "Buyer Beware" and "Renter, kiss your down payment goodbye". many including, locals now kiss the deposit and use the 2 or three months up front as the last months rent equivalent. Owners don't like bank Accounts so your deposit and up Front rent is spent the same day you give to pay for things that have been left.

Very Few Land Lords will Honour your Entitlement? of a Return of Money and those that do have a waiting List as long as your Arm for Renters. so you move on and get the other sort. There are as most things, Good and Bad
Vicious world we live in when it comes to Landlords and Money!

JP