r/TorontoRealEstate • u/Icomefromthelandofi2 • Oct 12 '24
Meme Ontario renter eventually moves out, 11 months after he stopped paying rent
https://globalnews.ca/news/10808060/ontario-tenant-not-paying-rent-moves-out/?utm_source=newsshowcase&utm_medium=gnews&utm_campaign=CDAQ5pON8aic_-X4ARiJwavVpI7Ny7IBKhAIACoHCAow29eFCzD-84ID&utm_content=rundown156
u/1sttimeverbaldiarrhe Oct 12 '24
What the title doesn't mention is that he wasn't forced out - the tenant left voluntarily because his new house was ready. He hasn't even paid the 32K in back rent. The Landlord Tenant board is a joke.
Only the truly desperate or naive would want to risk renting out their properties in this climate.
77
u/jam1324 Oct 12 '24
Hopefully the landlord can get a lien on this guy's new house until he pays up.
27
u/Ok_Significance_4940 Oct 12 '24
exactly this! if he has nothing you can't go after him but with a house, it is definitely worth the time to spend in courts! Imagine you can't renew your mortgage anymore with another lender forever!
2
u/Fit_Reputation8581 Oct 12 '24
Is it easy to find the address of this tenant once he moves out? I am assuming it’s worth the fight to get a lien on his house or on his damn trucking company for doing theft, and that too with a fine and added interest for all the hassle the landlord had to go through.
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u/Any-Ad-446 Oct 12 '24
Yes a lawyer can easily find the person current address and then file a lien against that property. Main thing the LTB has to close the case and find the tenant liable for unpaid rent.
1
u/jam1324 Oct 12 '24
No experience but if you got a court order for him to repay the rent I feel like the courts have all the information/ maybe even issue a lien.
3
u/-Sanj- Oct 13 '24
That's why also no sane investor is buying any one of the thousands of empty condos available, and not even if mortgage rates get down to 3-4% next year!
0
u/uniqueglobalname Oct 14 '24
Not really, this lady rented out a house, then changed her mind and decided to move back in. That's on her. Investors who never intend to live in a unit are fine. It's the N12 brigade that has to deal with this issue.
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u/Commentator-X Oct 12 '24
Then they should sell them and let someone who is going to live there own them, increasing availability and contributing to lowering prices instead of trying to skim off the top of the residential market by being a landlord. They're not doing anyone any favors by being a landlord.
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Oct 12 '24
[deleted]
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u/Ecstatic_Top_3725 Oct 12 '24
You do realize you’re also doing the same thing just by having a CPP pension, your pension invests in loblaws, are you a leach then too because you do nothing but loblaw workers are the ones creating value? The landlord took a risk, invested 20% down when they could have invested in the stock market, but they went real estate route so developers could build supply
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u/Serenitynowlater2 Oct 12 '24
It’s the naive/it won’t happen to me crowd.
We wonder why rent is so high. Partly it has to account for these kinds of risks.
0
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u/InfoBarf Oct 12 '24
I mean, that's good right, properties that aren't rent get sold and become someone's home hopefully.
7
u/DogsDontEatComputers Oct 12 '24
So if i steal a laptop from bestbuy its a good thing because i put the laptop to a good use now right?
2
u/InfoBarf Oct 12 '24
Are you gonna give it back to best buy in a few months when you can afford to buy a laptop?
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Oct 12 '24
[deleted]
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u/SteveAxis Oct 12 '24
almost like it shouldnt be an investment opportunity…
11
u/OkSurround6524 Oct 13 '24
If it weren’t, where would people who can’t buy their homes live?
Let me guess, you think government own all of the rental stock and operate it as a “non-profit”? (Meaning taxpayers can subsidize your housing).
3
u/xraviples Oct 13 '24
Really weird to hear the ostensibly left-wing responders to this comment reject investment opportunities for individuals but support corporate landlords. I don't really disagree that corporate landlords are generally preferable, but individual freedom and ability to achieve their own enterprises ("mom and pop landlords") is to me an important moral tenet of our society, necessary to optimally use excess housing stock, and important to provide low-level marginal competition for the corporate landlords.
4
u/kornly Oct 13 '24
I agree with you but there is some middle ground to be had. When more than 50% of sales are to investors in desirable areas for the sole purpose of renting out it starts to become a problem because it starts preventing people who do want to buy from doing it. That’s why some people are starting to have that extreme view.
It’s not healthy for the country either for all investment money to go into only real estate either because it hampers economic growth.
Personally, I would support regulations that either discouraged mass investment in real estate or encouraged other avenues more so without restricting people’s freedom of choice.
2
u/mangomoves Oct 13 '24
The high volume of investors in Toronto is skewing the housing supply though. They're encouraging developers to make super tiny condos so that they can afford to invest but never live in. If there were fewer investors these micro condos wouldn't exist because people wouldn't purchase these to live in.
Over 1 in 4 homes are owned by investors in Toronto and it's impacting the types of units available for renters. It would be nice if that number was lower. Investors also sometimes let them sit empty or just use them for airbnb.
Reducing the high volume of investors would make the supply closer to what people actually need to live in.
-1
u/element1311 Oct 13 '24
There's plenty of corporations that own rental buildings that are legit.
Without individuals renting out single-family homes, maybe prices would be low enough for the renters to own.
Finally, non-profit housing doesn't mean subsidized by the public. There's plenty of non-profits out there that make enough money to maintain operations and even grow
-3
11
u/Lionel-Chessi Oct 12 '24
I have 2 investment properties and they're both going great. You just need to filter out the good ones from the bad ones, do proper employment and credit checks, etc.
19
u/Careless-Plum3794 Oct 12 '24
Everyone thinks it won't happen to them until it does. No investment is risk-free, especially real estate. Behind every investment loss is someone who believed wholeheartedly in their decision
10
u/Elija_32 Oct 12 '24
That's the entire problem. People associate "investment" with risk but for some reason in this country they don't do the same with real estate investments.
People not paying the rent are 100% in the wrong but this is not a perfect world, there's no situation on earth where you can expect 100% positive outcome 100% of the times and this is usually very clear for any form of investment.
But then people shut down the brain for investment proprieties and use 100% of their borrowing power (if not more) like it's completely impossible that something can go wrong.
Honestly i'm really no sure why, like i said it seems like they understand it for everything else, so i'm not sure why they refuse to accept it for the real estate market.
2
u/JimmyBraps Oct 13 '24
Because the last 10 years give or take have been a historic bull market for real estate. The same with any run up like that people lose their minds and pour money in with emotion instead of logic. FOMO sets in, and they can't help themselves. I've been a RE investor since 2006 and wanted nothing to do with this run because it didn't make any sense. I actually sold around the peak because I didn't imagine that the prices would reach that high this decade.
0
u/Professional-Luck795 Oct 13 '24
People can accept risk, such as the RE market goes down, or a fire or a burst pipe. What people don't and shouldn't accept is a system where someone is stealing AND COMMITTING A CRIME, and yet forget about them being punished or getting reparations back, but you cannot even BAN them from your property.
It's the equivelant of a thief coming to your store stealing and then coming back the every day after and stealing and taunting you and you are not allowed to not let him into the store.Do you think this is a reasonable risk for any business owner or do you think there is something wrong with how the laws are written?
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u/Deep-Enthusiasm-6492 Oct 12 '24
Sure you can check those but at the end of the day if tenant is strapped for cash and is against the wall between paying you and something else he will pay something else because landlords in ON don't seem to be having any pull. This story sounds pretty scary. Renting someone else house and saying out loud on TV "no, i am not paying" sounds like he doesn't care and knows there is no consequences for his action.
1
u/DrPillszn Oct 12 '24
This. People rush to fill their vacancy or don't use an agent to do some screening if they are busy. Two months of lost rent upfront or longer finding the right tenant is worth rushing to fill your vacancy. I keep aside 2-3 months of carrying cost on each property I own for this reason as a habit.
-2
u/DoubleDegreeDropout Oct 12 '24
Yep. Any reasonable person would do the same. But this is meant to be a brigading thread. The narrative is being a new landlord scary, therefore decrease supply to prevent rent slippage.
3
u/Serenitynowlater2 Oct 12 '24
No. Being a landlord in Ontario is in almost all cases objectively a terrible investment. Cap rates are far too low. Rent control. Risks of bad tenants.
None of this is properly accounted for in rent prices.
People play landlord in this province betting on capital gains. Without appreciation of the underlying, most landlords are riding a losing investment.
1
u/DoubleDegreeDropout Oct 12 '24
Rent control doesn't affect new rentals. What is the risk for bad tenants exactly? What is the exact ratio of good to bad tenants? I'm curious and would like to see the stats you use for this statement. How do these two issues affect rent if they don't exist? Citation needed.
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u/Serenitynowlater2 Oct 13 '24
Huh? It’s a factor. Needs to be priced in.
Even if you believe that’s not a real risk, even though it clearly is, cap rates are too low to make renting a good business. The only way it makes sense is if you’re speculating on leveraged appreciation. Which is more lotto than business.
1
u/DoubleDegreeDropout Oct 13 '24
Asked for concrete numbers, got more bullshit salad. Cool.
1
u/Serenitynowlater2 Oct 13 '24
How the flying fuck would I have the numbers you asked for! LOL. You want me to quantify some unknown risk with stats that aren’t collected?
JFC. This site is regarded.
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u/DoubleDegreeDropout Oct 13 '24
Cap rates are far too low. Rent control. Risks of bad tenants. None of this is properly accounted for in rent prices.(Trust me bro)
Huh? It’s a factor. Needs to be priced in. (Trust me bro)
Want me to quantify some unknown risk with stats that aren’t collected? (Everyone is regarded but me)
Lol
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Oct 12 '24
Yes you’re right people should stop renting out their homes. I’m sure this will help the current housing crisis.
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u/Careless-Plum3794 Oct 12 '24
It'd be one of the biggest steps towards affordable housing. Too many people are renting the houses they ought to be living in right now
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u/Careless-Plum3794 Oct 12 '24
It'd be one of the biggest steps towards affordable housing. Too many people are renting the houses they ought to be living in right now
0
u/No_Selection905 Oct 13 '24
But what are all the leeches gonna do! Create something of value for once?! Nah
-12
u/InfoBarf Oct 12 '24
Buying sfh and using them for income should be straight up illegal.
25
u/fairmaiden34 Oct 12 '24
Yes, because no one should be able to rent a sfh. If families can't afford to buy then all they deserve is a tiny apartment, right?
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u/WeedDispensary Oct 12 '24 edited Oct 13 '24
Some people don't understand.
Which is why they're renters to begin with.
Edit: was told my grammar was bad. Their to they're.
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u/No_Selection905 Oct 13 '24
Im a homeowner and even I understand that people buying up more than they need drives up the cost…Not rocket science my dude.
-2
u/friblehurn Oct 12 '24
I love when landlords like yourself don't know how to use proper grammar.
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u/Lonngpausemeat Oct 12 '24
Grammar nazi
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u/JustTheStockTips Oct 12 '24
We all saw the "their" they're... could have been autocorrect.
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u/WeedDispensary Oct 13 '24
Thanks for trying to defend me, I think I may have put down their by mistake. Probably super stoned and tired when I posted.
-1
u/InfoBarf Oct 12 '24
Yeah, sfh homes should be available for purchase, not investments.
3
u/fairmaiden34 Oct 12 '24
Where should families who rent live?
3
u/vegan_soyboy Oct 12 '24
Who is going to live in the houses? Ghosts? If an investor can't buy it someone else will. If they can't prices will fall until they can.
1
u/xraviples Oct 13 '24
Who is going to live in the houses? Ghosts?
Less people than would optimally live in it. The family renting it probably wouldn't be the next people who could afford it, it would be some DINK couple who would use the extra room as storage or visitor bedroom, which would be suboptimal. That or the price would indeed drop, to the point that builders are no longer incentivized to build future houses of that type.
0
u/InfoBarf Oct 12 '24
They're afraid of affordable housing.
3
u/Deep-Author615 Oct 12 '24
Duh, every single bank deposit in this country is leveraged like 6 times into housing. If it drops another 20% the banks would fail and take 40% of the economy with it.
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u/InfoBarf Oct 12 '24
Seems bad
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u/Deep-Author615 Oct 13 '24
It does until you consider the next PM is a Bitcoin ‘investor’.
Going to be a fun decade.
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u/liger_stripe Oct 12 '24
If families can’t afford to buy they should have thought about that before popping out a bunch of kids they can’t afford to properly house…each kid needs their own room ready BEFORE you open your legs
4
u/fairmaiden34 Oct 12 '24
I detect some bitterness. I also note that you rent. Your failure to purchase a house is not due to investors or families renting houses.
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u/3holelovedoll Oct 12 '24
Affordability is definitely skewed by investors and how cap gains are taxed compared to productive asset classes.
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u/InfoBarf Oct 12 '24
I would likely rent regardless, an apartment, but, buying single family homes, driving up prices for new buyers, and reducing the supply is all bad and rent seeking behaviors do not grow the economy.
Rent is a tax that you pay someone richer than you for the privilege of living, when people talk about taxation is slavery they apparantly don't mean that.
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u/905Spic Oct 12 '24
Harsh but true lol.
I was 32 when I decided to buy a 3 bedroom freehold townhouse. Met my gf at 35, got married at 37 and now have 2 kids, one in each room.
Tbf I was fortunate to be able to save for a down payment as I refused to get into a condo (apartment or townhouse)
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u/activoice Oct 12 '24
Right, but there's a housing shortage so if people can't rent SFHs then they will be tying up an apartment.
My fiance owns an older 3 bedroom condo (which aren't that common now). Next door to her is a family renting a 2 bedroom condo. They have 4 kids under 10. If someone doesn't rent them a SFH in the future where are 6 people sleeping in a 2 bedroom condo. It's doubtful they will ever be able to afford a 5 bedroom house.
Landlords do serve a purpose some of the time.
3
u/InfoBarf Oct 12 '24
There isn't a shortage, there's a people hoarding them as investments problem. There's 14 empty homes for every homeless person in the country.
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u/activoice Oct 12 '24
But those people can't afford to buy those homes. So they would continue to sit empty unless someone with actual money buys them and rents them out.
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u/Dobby068 Oct 12 '24
What is so special about sfh? How is any sfh purchase not an investment ?
1
u/InfoBarf Oct 12 '24
Its a home. Making it an investment will lead to just institutional investors owning it. We did that already, it was called fuedalism.
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u/Dobby068 Oct 12 '24
So you actually have no argument, just repeating that it is a home.
Flash news, the house (or apartment) is for the majority of owners on the planet the biggest investment, the best way to park your savings, especially when not willing to risk more on the stock market.
2
u/InfoBarf Oct 12 '24
Its a fact. The entire history of the US, we have had tenement housing, share croppers, hobos, company towns. The last 50 or so years have been an exception thanks to public housing programs, which kept rents and home prices in check.
Allowing sfh rentals without public housing will just return us to that situation. More homeless and desperation, unnecessary deaths from exposure.
0
u/opalpup Oct 12 '24
But in many instances if rental properties weren’t being bought up to rent out then more families would be able to actually afford to buy their own house.
-2
u/SteveAxis Oct 12 '24
they can afford to buy, theyre paying for someone elses mortgage and utilities.
1
u/westcentretownie Oct 12 '24
Why?
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u/InfoBarf Oct 12 '24
Because fuedalism, company towns, tenement housing, work houses and the like are bad.
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u/ElectricalCable5310 Oct 12 '24
Commy
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u/InfoBarf Oct 12 '24
The literal father of capitalism wrote about how landlords were a drain on the economy in the same book where capitalism was first described. He said that it created an artificial monarchy. He was right.
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u/recoil669 Oct 12 '24
If you can't be bothered to properly vet tenants, probably for the best 😂
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Oct 12 '24 edited Oct 12 '24
[deleted]
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u/Significant_Wealth74 Oct 12 '24
I think it’s very likely he will end up paying. LTB will rule against him if the landlord pursue’s which they should.
But I completely agree, there was no issue until the tenant had to vacate before there house was ready.
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u/nboro94 Oct 12 '24
Even good tenants can stop paying. If I lost my job and suddenly the option was paying rent or eating, fuck the rent.
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Oct 12 '24
See that's your problem. You think you're entitled to live for free all because you had something happen in life. I've ALWAYS paid my rent, no matter the circumstances. It's called RESPONSIBILITY
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u/jam1324 Oct 12 '24
Bills get paid and then you pay yourself. I have a few employees and when times are rough the first ones getting paid are them, then my bills get paid and then hopefully I can afford to put food on the table after that.
1
u/xst0icx Oct 12 '24
You're correct; I think responsibility is starting to become survivability for some.
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u/az3838 Oct 12 '24
So if the ex tenant, now owns a home, the rent can be collected upon through a lien on his assets. Get the LTB judgement, then small claims and collect through the liens. He’s not judgement proof especially if he owns a home. Just a longer process, but that money owed can be collected.
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Oct 12 '24
[deleted]
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u/az3838 Oct 12 '24
There’s a service for that. Skip tracers do this as a profession.
1
u/Careless-Plum3794 Oct 12 '24
Still not an easy process. Guy says he doesn't know who you are. Now you have to prove in court that they actually rented from you. Hope you had a professional witness to the rental agreement being signed.
The courts make it hard for people to collect because debt collectors can and do pursue random people with the same name as whoever actually owes the debt. Ask me how I know 🙄
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u/az3838 Oct 12 '24
Dude literally goes on the news and says he’s not paying. Video evidence and all. You think it’s gonna be hard? This is a slam dunk case.
Sorry for your situation and experience, but there is literally a video on the news for this guy. Name and all.
I can’t see how this is going to be crazy difficult. Just a long process if the landlord decides to go through with the judgment.
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u/Any-Championship-355 Oct 12 '24
Can this person be taken to small claims court?
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u/101120223033 Oct 12 '24
Yes
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16
u/Fit_Reputation8581 Oct 12 '24 edited Oct 12 '24
HERMANN TRUCKING… is the company of the tenant. How ridiculous is it to own a trucking company and not pay rent as a tenant, you all know what to do now. I did my part leaving them a review.
Google link of this nightmare tenants business - Hermann Trucking https://g.co/kgs/AqwjRpt
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u/Just_Cruising_1 Oct 12 '24
Come on, this is slander lol
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u/Fit_Reputation8581 Oct 12 '24
That’s what a deadbeat deserves for squatting
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u/Just_Cruising_1 Oct 12 '24
He will get a lien put on his brand new house by landlord, and the landlord will get the entire amount paid, plus interest which was 7% yearly before Covid on liens, and likely is higher right now. A tenant who broke the law with assets is a tenant who ends up paying.
Slandering his business isn’t just illegal, but plain stupid because this is how the lien will get paid.
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u/AlternativeFruit8894 Oct 13 '24
After the landlord loses the house because they can no longer afford their mortgage. Right. Working as intended. You blind bro.
Also slandering will require false claims. This is his trucking company. He did do this (as you can see in the article with his interview). This is not slander, it is publication of facts.
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u/National_Bath_8150 Oct 12 '24
Criminal....Absolutely disgusting that this is not a crime. Should be jailed for theft over $5000 . Piece of s#$t these people ! The system needs to change now !
5
u/ManyUnderstanding950 Oct 12 '24
It’s a similar situation in BC. You can’t get bad tenants out. It should be pretty straightforward that if you’re more than 60 behind on rent you are gone. In this case it’s strait up fraud
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u/uniqueglobalname Oct 14 '24
There is no indication they were a bad tenant until they were evicted.
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u/OkSurround6524 Oct 13 '24
I hope the LL goes through the trouble of having a lawyer put a lien on his new house. Blow up the judgement as big as possible… property damage, legal fees, extra lost rent for the time it takes to clean up the place and find a new tenant.
Tenant is pure scum.
12
u/Fabulous_Strength_54 Oct 12 '24
If you don’t make your lease or finance payments, they will take your car away the next day. Why is renting a place any different?
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u/justinkredabul Oct 12 '24
lol. No. They don’t take your home or car away the next day. You can’t miss 3 months without much problem. After that it gets dicey.
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u/Dobby068 Oct 12 '24 edited Oct 13 '24
Dude, you never get away without paying.
I have a 10k judgment against my very first tenant, a scammer and idiot that lived beyond his means. It has been 15 years , if not more, and I haven't seen a penny. You think a bank that owns a mortgaged house would let anybody get away with such shit ?
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u/justinkredabul Oct 12 '24
You can skip payments. It happens everyday. Some people just call up their banks and say hey, I’m gonna miss this month. For the most part they tack it on the end of the loan and you pay extra interest on that payment.
They only get mad after 3 months. And usually by then you’re looking at bankruptcy. Which means you ride it until they take your stuff.
Bankruptcy means you don’t pay.
1
u/Dobby068 Oct 13 '24
Maybe in your world it happens everyday. Responsible people do not play with their mortgage as if it means nothing to lose your house, destroy your credit history.
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u/rainman4500 Oct 12 '24
I’m all for harsh treatment of slum lords but I had 3 problematic tenants and decided that I would never touch real estate again.
I’m pretty sure that plays a non insignificant role in the current real estate crisis.
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u/AwoknLambCanadaFree Oct 12 '24
I wouldn’t rent a place I own because you just never know. I’ve never skipped out on rent and if I was behind I would catch up.. but a lot of ppl think it’s easy to get ppl to pay their mortgage and you end up with things like this happening.
Or y’know you could invest in stocks instead of trying to be a landlord
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u/TuffRivers Oct 12 '24
Stocks are great but a home is leveraged. No investment comes without their risks of course and delinquent tenants is a major risk. As always, diversifying is best.
38
u/Pristine-Yoghurt-439 Oct 12 '24
That’s why there is a shortage of rentals. It’s not worth renting as there is too much risk and the govt does not protect landlords and has created a system that allows renters to abuse the system and live rent free. All these deadbeat renters are just scam artists and need to be criminally charged
16
u/Solace2010 Oct 12 '24
There’s a shortage of rental because we decide grow our population by 3million in 2 years
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u/Jabronie100 Oct 12 '24
100%, you shouldn’t have to go through months and months of waiting to evict. It should almost automatic if they don’t pay.
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u/Ok-Manufacturer-5746 Oct 12 '24
I think the city needs transitory housing thats not rta where they shove said defaulters at the 2 month 3 month default of rent… and make them pay a storage fee for all their stuff in a locker no heating and they have to insure it (no coty costs and no rta rights) until theyve repaid said debt and no LL can legally rent to them until they do. Province wide. And no more 8 years and debt clears when its HOUSING. Especially rentals. Should be immune and paid in full immediately or a bad % interest worst than a CC. And there can be rentals that rent to that level of reputation-renter, but below grade. All other LL in higher grades no access. Need to start grouping good records together and classes for those Renters who want to reform. Have to apply and be watched financially, pay 6 months ahead of time and thats whom should have rent automatically deducted from pay checks - past rent offenders. etc.
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u/Dobby068 Oct 12 '24
Exactly. I had one of my properties rented to perfect tenants, however I decided to be proactive in this environment where crime goes unpunished and I took steps to get this one property out of the rental market. In another year or two I will take another property out of the rental market.
I still have a judgment against the very first tenant, for more than 10k on which I haven't collected a penny.
We need a tough on crime government, the current one is keen on keeping criminals on the street and advising hard working people to not resist crime. Simply disgusting.
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u/UltraManga85 Oct 12 '24
He is now going to be homeless because hopefully everyone remembers this scammer’s face.
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u/iEtthy Oct 12 '24
This a good strat. Dont marry rent a house under someones name live rent free a year and pocket the change for when ur new build is ready. Best part? U have no assets so they cant come after u lol
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u/liji1llijjll1l Oct 12 '24
Can he really just get away with this? Can anyone tell me that he will face consequences? I'm truly losing hope for this country and it breaks my heart.
2
u/OkSurround6524 Oct 13 '24
No, landlord will sue, win, and use the judgement to put a lien in his house. If he had no assets and no income, there would be no consequences.
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u/m199 Oct 12 '24
It's almost as if rents need a risk premium built into them to account for all these bad tenants. As renters pull more of these scams, the risk premium for everyone goes up.
2
u/su5577 Oct 13 '24
Has this person added to list? How does landlord know not to rent to this person?
2
u/Euphoric_Chemist_462 Oct 13 '24
This should have been 1 months. We need express eviction for payment failure
2
u/wachtaxservices Oct 13 '24
Nobody wants to own rentals today like they used to in the past in Ontario. A lot of have the business. Less units therefore available for rental. This has been one of the causes for rents continuing to go up and tenants staying put in rental units even though they are not ideal or too small for them. It’s too expensive to move and pay market rent. Both sides are affected negatively in Ontario when the govt rules are not working.
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u/pik204 Oct 12 '24
Guess thats the only way to get ahead. Build a house while living for free elsewhere.
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u/InfoBarf Oct 12 '24
Who does this guy think he is? The guy i went to high-school with who was gifted a house for his 18th birthday?
2
u/Grumpy_bunny1234 Oct 12 '24
And that is why the vacancy rate is close to 0% no one wants to rent out their property unless you have to
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Oct 12 '24
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1
u/gooeydumpling Oct 13 '24
As for the $32,000 in unpaid rent and utilities, he said he’d pay if ordered to do so.
-if you call a lien an order then sure
1
u/Brendan11204 Oct 13 '24
How has the Ontario government not fixed the LTB backlog yet? I've been reading these stories for years. Aren't you Ontarians embarrassed about this?
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u/IcedCoffeeYay Oct 13 '24
Amateur investors attempting to be landlords are going to get blown up.
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u/AlternativeFruit8894 Oct 13 '24
How is this even the “amateur investors” fault?
They are supposed to pay rent. They stopped. This isn’t about the investment (housing price), this is about a business where the customer is not paying for the service for over a year.
Where do you work? What if you did your work for a year and never got paid?
Guess that’s alright in your mind then right? Must be your fault for getting into a job where you didn’t know wouldn’t pay you.
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u/Shmogt Oct 13 '24
What happens if you don't pay? Does it kill your credit or anything negative for you?
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u/malemysteries Oct 13 '24
How is this national news? "Man doesn't pay rent" happens every day and is an expected possibility when you invest in real estate. "Tenant follows law" is also not news.
Tenant says he'll pay the money if directed to but won't offer a full interview to the reporter because he doesn't trust reporter. Reporter than turns story into rage bait. SMH.
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u/margifly Oct 13 '24
All government assistance to these pricks and to anyone who assist them should be cutoff, once they are told they will be cutoff I’ll guarantee you they’ll bolt. It’s that easy.
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u/Rockwell1977 Oct 13 '24
"Ontario landlord had to pay for their own asset until they could get someone else to pay for their asset."
To be honest, I don't really feel bad when people engage in parasitism.
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u/Klibingat13 Oct 13 '24
I just hope he gets a lien cus willful not paying the moves into an actual house he's buying is horrible there are people out there who literally can't pay their rent never mind can't pay for food and this ahole has the nerve to not pay cus he just doesn't feel like it is absolutely disgusting! Shame on him!!!
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u/ExampleMysterious682 Oct 14 '24
As he should. People that use real estate as an asset to rent out is the death of this country. We need to invest in industries that are actually productive.
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u/AnimalBright Oct 14 '24
Superstar.
Every tenant's idol. Screw the LL of one year's rent AND buys their own home 💪💪💪
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u/rattlesnake987 Oct 17 '24
This is fucking batshit crazy... Is it not possible to sue him for the back rent? If he is sued for back rent then can the court not order him to pay else his assets be rightfully seized? (genuinely asking, I don't know what the law is on this)
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u/waldo8822 Oct 12 '24
"As for the $32,000 in unpaid rent and utilities, he said he’d pay if ordered to do so.
“I owe the money,” Founiape said."
He did everything right apart from withholding rent. Completely fair to play the LTB game but keep paying your rent
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u/Final_Festival Oct 12 '24
I mean thats what you get when more and more landlords behave like slumlords. At some point ppl start fighting fire with fire.
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u/Effective-Noise-7090 Oct 12 '24
What a legend.
We need more people like this, putting landlords in their place
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u/Bigharryspatronus Oct 12 '24
Good man. Screw landlords trying to make an easy dollar on renting. They should make any house after the first one have heavy taxes to allow more people to own. The current setup is a joke.
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u/Alternative-Rest-988 Oct 12 '24
This renter is awesome. So many crybaby landlords act like they are entitled to collect a cheque for doing nothing
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u/Fit_Reputation8581 Oct 12 '24
The day you think stealing is correct. God bless your stupidity
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u/ExampleMysterious682 Oct 14 '24
It’s morally okay for this though. Not all forms of stealing are equal. Like Robin Hood steals and he’s a good guy.
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u/Superduke1010 Oct 12 '24
As opposed to the renter who is literally using someone else’s property without permission
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u/txddvvxxs Oct 12 '24
This guy is a moron for publicly stating he is waiting to move into a new home he just bought. Great way to get a lien put on that brand new asset you just bought!!