Cashiers Check May be Lost - SO FRUSTRATED! - Advice please

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

OP, you're charging almost DOUBLE what you pay for your mortgage? I think this lost check is karma...

So if the house was paid off you would charge zero in rent? Take an Econ class PP.

Not at all the same, for comparison's sake.

Actually, yes it is. There's more to owning a house than paying a mortgage. It makes perfect sense for op to charge the going rental rate. It makes no sense for that to be pegged to OP's mortgage. If OP had the means to buy the house free and clear, it would not be reasonable for him/her to offer it up for free.

Doesn't sound like market value to me but whatever.

How would you know? You have no idea where this house is.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

OP, you're charging almost DOUBLE what you pay for your mortgage? I think this lost check is karma...

So if the house was paid off you would charge zero in rent? Take an Econ class PP.

Not at all the same, for comparison's sake.

Actually, yes it is. There's more to owning a house than paying a mortgage. It makes perfect sense for op to charge the going rental rate. It makes no sense for that to be pegged to OP's mortgage. If OP had the means to buy the house free and clear, it would not be reasonable for him/her to offer it up for free.

Doesn't sound like market value to me but whatever.

How would you know? You have no idea where this house is.

Unless OP is renting out a mansion... And I can't imagine someone being able to afford $5k+ a month in RENT and having enough financial trouble that they are months in arrears.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

OP, you're charging almost DOUBLE what you pay for your mortgage? I think this lost check is karma...

So if the house was paid off you would charge zero in rent? Take an Econ class PP.

Not at all the same, for comparison's sake.

Actually, yes it is. There's more to owning a house than paying a mortgage. It makes perfect sense for op to charge the going rental rate. It makes no sense for that to be pegged to OP's mortgage. If OP had the means to buy the house free and clear, it would not be reasonable for him/her to offer it up for free.

Doesn't sound like market value to me but whatever.

How would you know? You have no idea where this house is.

Unless OP is renting out a mansion... And I can't imagine someone being able to afford $5k+ a month in RENT and having enough financial trouble that they are months in arrears.

Are you kidding? 5k in places like CA or NY is not very much and definitely not uncommon.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

OP, you're charging almost DOUBLE what you pay for your mortgage? I think this lost check is karma...

So if the house was paid off you would charge zero in rent? Take an Econ class PP.

Not at all the same, for comparison's sake.

Actually, yes it is. There's more to owning a house than paying a mortgage. It makes perfect sense for op to charge the going rental rate. It makes no sense for that to be pegged to OP's mortgage. If OP had the means to buy the house free and clear, it would not be reasonable for him/her to offer it up for free.

Doesn't sound like market value to me but whatever.

How would you know? You have no idea where this house is.

Unless OP is renting out a mansion... And I can't imagine someone being able to afford $5k+ a month in RENT and having enough financial trouble that they are months in arrears.

Are you kidding? 5k in places like CA or NY is not very much and definitely not uncommon.

It would be well within the normal range for Park City, Utah as well.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

OP, you're charging almost DOUBLE what you pay for your mortgage? I think this lost check is karma...

So if the house was paid off you would charge zero in rent? Take an Econ class PP.

Not at all the same, for comparison's sake.

Actually, yes it is. There's more to owning a house than paying a mortgage. It makes perfect sense for op to charge the going rental rate. It makes no sense for that to be pegged to OP's mortgage. If OP had the means to buy the house free and clear, it would not be reasonable for him/her to offer it up for free.

Doesn't sound like market value to me but whatever.

How would you know? You have no idea where this house is.

Unless OP is renting out a mansion... And I can't imagine someone being able to afford $5k+ a month in RENT and having enough financial trouble that they are months in arrears.

My dumpy mice-infested three bedroom in Boston is $3800. For $5k I probably could be pest free and maybe have granite instead of Formica. I think you're a bit out of touch on rental prices in big city markets, pp.

[Anonymous]

Anonymous wrote:
Unless OP is renting out a mansion... And I can't imagine someone being able to afford $5k+ a month in RENT and having enough financial trouble that they are months in arrears.

My uncle had a rental in CA that was $6k+/month and had to order eviction more than once. Both times, the tenants were very well off, but either had lumpy income (fund manager who got all his money as a year -end bonus) or just terrible at getting anything paid on time. Those people had the money, but were just really disorganized. Indeed it can happen at higher rents also.