A few weeks ago, I was speaking with a housing specialist.
Housing specialists are trained mediators who spend their time getting parties to resolve housing cases.
We were talking about the length of time it takes to evict a tenant in Connecticut.
He said that Connecticut landlords need to have a reserve of at least 6 months of mortgage payments.
I agree completely.
Any landlord who is barely able to cover his mortgage payment with rental income is flirting with disaster.
To the blog owner, could I have your direct e-mail address? I have started a landlord rights coalition in Los Angeles and I would like to send you bi-monthly updates. The members of the City Council in Los Angeles are a bunch of landlord haters. Even the movie industry is moving away because of the anti-business attitude of our elected leaders. Anyone who is a landlord and wants me to update them twice a month please send me your e-mail. The sad thing is that what starts in LA, is often copied by the rest of the country.
Bill Hooey
billhooey@earthlink.net
Reply