"shabby individual" - so we should determine people's worth and morals based on the circumstances they find themselves in and acess to money/new property/ignore all the potential family circumstances that may mean they are unable to upsticks at the landlord's exact convenience and timeline?
If you know the date 3 years in advance you would have to be very stupid not to expect to leave on the promised date. I certainly determine people's worth by how trustworthy they are. Doesn't everyone?
Fool of a landlord that didnt' realise they would be inserting themselves into quite complicated personal circumstances of people (aka tenants). That the timeline is at the mercy of life (complicated for lots of people) that tend not to have spare properties at their disposal to jump into.
A fool to expect people to keep their word? I guess so. You assume most people are decent, though, then you find some who aren't who screw you over.
I think it is immensely arrogant to enter into becoming a landlord as an investment vehicle without understanding the that the risks/returns are not remotely connected to "morals" or what is "right".
But not quite as arrogant as it is to ignore the needs of the person who actually owns the house and wants it back to live in after the agreed term elapses. Now that is arrogant.
In fact, it's quite a funny comment and shows lack of awareness that the Tenancy Agreement the landlord signed conveys rights to the tenant and not purely a golden ticket to risk free investing they seem to think...
Or maybe the person let out the house at below market rent on condition the tenant leave by a certain date.
No-one should become a landlord unless they can swallow the losses as well as the gains. (That's what any investment says - don't invest what you can't afford to lose etc...)
Quite true. That's what happens when you expect people to keep their word, I guess.
We rent out our old family home. Initially it was to pay towards nursing home fees. We've had some lovely tenants and only one lot of scumbags but we were able to get a CCJ for all the damage they caused. Their marriage was breaking up and they took it out on the house and the neighbours.
Current tenant is lovely but when she moves on we'll sell unless there's a change in the law to make it more fair to landllords.