Emerald1328
Well-Known Member
- Joined
- Jul 14, 2012
- Messages
- 867
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Yep, if I were the landlord, I would spend a few thousand out of my own pocket to make it the safest house in Moscow for people to rent. And they probably will. It may take a year or so to get rented, but $30k in lost income for a year is better than whatever they have to pay off on the mortgage and future lost income beyond that year.small memorial plaque in the yard, no slider doors; alarm system, camera, new rentals IMO
I understand people saying that the community or city could raise the funds to pay off the mortgage so it could be torn down, but what about the future years of lost income? At $3,000 per month, that’s $36k per year. Now with maintenance and other expenses the landlord would have, their profit is probably more like $30k per year. That may not seem like a lot for a corporation to absorb, but in 10 years, they would have lost $300k in profit.
And IMO only, I wouldn’t want to visit a park on land where a horrific quadruple murder occurred.