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cksmithy

(495 posts)
25. We have a few rental houses in
Tue Oct 18, 2022, 04:05 PM
Oct 2022

California. We have a management company take care of everything. Evictions, repairs, etc. with our approval. We tried to do it ourselves, but couldn't, too time consuming. One of our renters was a section 8 renter, subsidized rent, was there for 10+ years, died, one of his kids just stayed at the house, late with their portion of rent. So management went to check on things, found out the father had died, told them they were going to notify the proper authorities or he could pay all the back rent, and start paying the entire amount because he wasn't on the section 8 contract. Thankfully he said no problem, (so no court issues) and left the building. Lost 3 months rent, had to pay back the entire amount back, 6 weeks or so for remodeling, landscaping, then got a new renter who is paying us a higher rental amount. We could never of done it ourselves. We had to go through 2 companies to find this one, who does a great job. They have lots of vendors for plumbing, dry walling, cleaning, you name it, at very reasonable prices. The houses pay for themselves, they still are beneficial to our taxes. We'll probably still keep them as inheritance for the grand kids. I could tell some horror stories before we got a good management company.

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How'd they get the keys? mikeysnot Oct 2022 #1
Obviously you don't live in California ripcord Oct 2022 #3
Obviously we handle things differently in Chicago mikeysnot Oct 2022 #5
Unfortunatly Zeitghost Oct 2022 #7
Sued by who? The squatters? mikeysnot Oct 2022 #8
The laws in CA... Zeitghost Oct 2022 #12
Key words "want to fight it" mikeysnot Oct 2022 #17
The problem Zeitghost Oct 2022 #22
Key words are if they are in owners name mikeysnot Oct 2022 #23
I know a completely different "Chicago Way" to handle this ZonkerHarris Oct 2022 #16
Not sure but guns are more prevalent now mikeysnot Oct 2022 #18
... ZonkerHarris Oct 2022 #20
This is a common gang scam for single residence home rentals. haele Oct 2022 #19
If the renters were scammed mikeysnot Oct 2022 #24
How did they get her info for the fake lease? leftstreet Oct 2022 #2
Most likely county records ripcord Oct 2022 #4
If they advertised the property online mikeysnot Oct 2022 #6
The squatters might not even know they are squatting Takket Oct 2022 #9
That happens here also.. mikeysnot Oct 2022 #10
We just had a pickup and old rv trailer pull onto the undeveloped residential lot next door to me-- Wingus Dingus Oct 2022 #11
So is UNAFFORDABLE HOUSING getting out of hand. Maybe a link, ya think? nt Samrob Oct 2022 #13
In Florida any mobile home park tenant has to pass a background check by the mobile home park EX500rider Oct 2022 #14
How'd they gain access to the mobile home in the first place? Kaleva Oct 2022 #15
They might have been tricked into renting from a fake landlord Bonx Oct 2022 #21
We have a few rental houses in cksmithy Oct 2022 #25
Latest Discussions»General Discussion»Squatting is getting out ...»Reply #25