Lifetime ban for Rogue Landlord making $15,092/mo from a 3br

General Landlording & Rental Properties
9yFollow

Lifetime ban for Rogue Landlord making $15,092/mo from a 3br

Account Closed
South Bend, IN · Member since 2014 · 318 posts · 156 votes

Ok. This is a story from London, England but I couldn't help chuckling at it.

Key points:

  • Location: Barking, London, England
  • 2 story, 3 bedroom house
  • 11 tenants
  • Each paying £1,100.00/mo (British Pounds) or $1,372.00/mo (USD)
  • Landlord swimming in £12,100.00/mo (British Pounds) or $15,092.00/mo (USD)
  • That is $181,104/yr on ONE 3 bedroom house if he got away with it for that long
  • Neighbors complain
  • British version of Code Enforcement respond
  • Landlord caught
  • Fined £427.00 or $532.00
  • Landlord banned from renting out properties in the borough for life

Story here: http://bit.ly/2f06DBD

0Reply
13 views

3 Replies

Jump to latestLatest
  • Account Closed
    Investor · Henderson, NC · Member since 2016 · 484 posts · 208 votes
    9y
    Originally posted by @Account Closed:

    Ok. This is a story from London, England

    I started laughing when I got that far.

    0Reply
  • Account Closed
    OP
    South Bend, IN · Member since 2014 · 318 posts · 156 votes
    9y

    @Account Closed

    Lol!

    0Reply
  • Account Closed
    OP
    South Bend, IN · Member since 2014 · 318 posts · 156 votes
    9y

    It just occurred to me that I should have pointed out that it was not the TENANTS that complained and outed the landlord despite being obviously taken advantage of, it was the NEIGHBORS that complained of:

    • Loud noise
    • Anti-social behavior
    • Overcrowding

    Apparently landlords like him pulling this off mostly with migrants is a common problem in London. There are many stories like this. Here are some more:

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free