Home › Forums › Roadfood News & Information Forums › Roadfood News Forum › Another Greedy Landlord Destroys an Institution › Re:Another Greedy Landlord Destroys an Institution
In my own case, if it weren’t for a greedy landlord, I wouldn’t have been forced into retirement. I’m glad the space went vacant for over a year and a half before it was just recently leased.
Tell us the rest of your story.
In my case, I needed 3,000 the tenant wanted to pay 2,500.
The property was empty for a year. Loss was 30,000, less the cost to have a tenant and my time.
The new tenant signed a ten year lease at 3,000, 12 x 3,000 = 36,000 x 10 = 360,000.
Yes the tenant thought I screwed myself but I made more money and didn’t have to put up with a bad tenant for a whole year.