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Posted on November 19 at 10:39 a.m.
The people that complain about their landlords are usually the people who are in trouble and trying to find someone else to blame for their problems. Its easier to stir up public outrage and drag the landlord through the mud (Deano's ring a bell?) than it is to come out and say, "I screwed up my business, I thought this was going to work, it didn't and I can't pay my bills so I'm getting evicted."
Talk to some of the businesses who have been around a long time. They're the ones doing something right, and I'm willing to bet they either have no opinion of their landlord/managment company, or they will say good things.
Business is a two way street, but the general uninformed public (torch & pitchfork crowd) will always side with the business/tenant. Notice that you never hear anything from landlords in the papers, its always the tenants crying foul. Landlords know they're never going to get a fair shake, so there's no point in saying anything. Plus a lot of what they could say about the situation is confidential anyway. They can't come out and say, "well, x-business owes us four months of rent, has been late every month for a year, and told me to go screw myself when I called asking for the rent."
I don't own property, but am smart enough to know there's two sides to every story. I just find it comical when people choose to form opinions based on one side of a story.
On Borders Bites the Dust
Posted on November 18 at 5:48 p.m.
AZ2SB, you mean the rent that Borders was paying when SIMA bought the building in April, and probably continues to pay? Just because a building is sold, the new buyer doesn't come in and hike rents because they feel like it. I'm guessing you don't know much about real estate because Leases are part of the sale of a property. The new buyer inherits the existing leases, they don't get to charge whatever they want. There's never a clause in a lease that says, "if buliding is sold, new buyer can hike rent," nobody would ever sign a lease with a rent kicker in it like that, especially a company like Borders who has a legal department whose job it is to make sure clauses like that don't get into the Lease. Also, large companies like Borders often bring their own lease with them, its rarely a lease written by the landlord for large national retailers.
People lamenting the loss of Borders and blaming landlords are probably the same people who cursed the day Borders moved in, saying they were going to cause the Chaucers & Book Dens of SB to go out of business. The people who complain about landlords have no clue about how real estate works. Nobody holds a gun to the head of a tenant and forces them to sign a lease. Business owners need to be smarter about knowing what they can & can't afford. Its always smiles and handshakes when the lease is signed, but as soon as consumers stop spending money in their shop and the business can't afford the rent they agreed to, its somehow the landlord's fault when they close up shop or get evicted. That's a bunch of bull****. Landlords have expenses also, mortgages, insurance, taxes, maintenance, and if the tenants don't pay, those bills don't just go away, someone has to pay them. But sure, blame the greedy landlords, its easier for people on their soapboxes.
As for Borders its a dead business model thanks to the internet and digital media. If you want to point the finger at someone, point it at the companies that created the Kindle, eReaders, iPad's, iTunes, iPod's, etc. They're the ones who ran bookstores and music shops out of town, not the landlords.
Posted on September 16 at 10:56 a.m.
Damn, I was hoping it was Caribou Coffee. Oh well.
On Midwest Company Buys Downtown Coffee Shops
Posted on September 15 at 2:06 p.m.
Jeezus Shep...get over yourself.
Well done Starshine, as usual.
On Since When Does 'Adult' Mean Dirty?
Posted on August 23 at 8:43 a.m.
Based on these rankings and the top party school rankings, I'd say we're probably #1 overall in terms of the best school to get an education and party.
Good work people, let's keep up the efforts on all fronts!
On UCSB Ranked Among Country's Best Universities
Posted on August 19 at 8:36 a.m.
REI's been looking at SB for a long time, they've done their homework and think they can make it work here. Interesting spot they picked though, I think they could have done better on location, but that's just my opinion.
On REI to Open New Store in Santa Barbara
Posted on April 22 at 1:41 p.m.
(This comment was removed by the site staff.)
On Tenants Fight for Rights
Posted on April 22 at 8:33 a.m.
Tenant's rights are outlined in that legal document called a lease that they are supposed to read before they sign. I'm not saying what's going on in IV is right, but tenant's in general need to get familiar with the lease before running to the media complaining about evil property owners. Leases are very clear when it comes to Tenant's rights/responsibilities and Landlord's rights/responsibilities.
I find it very hard to believe that a landlord owning a large apartment complex, wouldn't think to check and make sure that they could do something like this before just issuing eviction notices. Why would they gamble with a project that size? Makes no sense.
And for the record, no I do not own any property, I'm a renter, but I read and make sure I understand every part of my leases before I sign anything. Leases are legal documents and its amazing to me how many people either don't read them, or don't care what they say they just go off what they think and do whatever they want.
Posted on April 11 at 7:25 a.m.
Can someone please translate the previous post into English?
On What's Wrong with Fun?
Posted on April 10 at 8:53 p.m.
santaboy's knowledge about SIMA can just about fill a bottlecap.
On Pass Go, Collect Downtown Property