Posted on 09/02/2020 7:26:46 AM PDT by eastforker
So, not much info out there yet. I currently have a judgement against a tenant that was awarded monday august 31 the day before the order, they were 3 months behind plus utilities.I have to wait 7 days to get a writ of possession before the sheriff actually puts them out.
Fine, kick your tenants out and create more problems. Let someone else take care of it and you can feel smug.
They have to have someplace to go. I own the nicest houses at the bottom end of the local market. Thanks to hurricane Michael there are no open units and moving means farming out the kids and/or a huge step down in a poor neighborhood in Tallahassee. The women won’t stand for it. The only guy who accepted had just seen his wife arrested and returned to prison for a parole violation. His parents took the kids, who at eleven and thirteen were turning tricks to schoolboys.
You made this long winded comment about an emergency fund for business...
well...it’s been 7 months, how much should the landlord have on-hand? it really was a simple question ...
I used to manage an apartment building in what I called "a Bad Part of the Hollywood Hills." We had a tenant who did essentially moved in and stopped paying rent immediately, then used every trick (e.g. inventing new roommates who weren't on the paperwork) to stall eviction, all while being a generally horrible person. It didn't help that the landlady refused to pay a lawyer to handle the eviction, which meant that she made every mistake possible and had to start all over again, only to fall into the next pitfall. But when we finally got the sheriffs and the locksmith and changed the locks while the guy was out, it was a source of great joy when the guy came to my door at midnight asking to be let back in and I told him no, that the law said I had to open the door one time, and that was for him to clear out his stuff. He said, "That's not fair," and I said, "Tough." And he said, "Don't give me that tough. You're nothing!" I just laughed and said, "I'm the nothing that has the keys. Now, you can call me when you want to arrange a time to clear your stuff out."
Then they panic as they haven’t believed until then it would happen.
Same apartment, next tenant (that unit was cursed). Stopped paying rent, we went through all the stages of the eviction (not making every mistake this time)--the "Unlawful Detainer," the "Pay Rent or Quit"--and they never responded to any of them and didn't show up in court. When we finally posted the 3-day notice that the sheriffs were going to come and change the locks, the woman (a realtor with a meth problem, from what I could tell) was shocked. "I thought this was all a negotiating position." I told her, "It might have been, but you didn't respond to anything, and now here we are."
Drugs are always involved.
Pretty much.
No one can answer unless we know what state you’re in.
A big dumpster costs me $400ish. An exterminator, 3 visits, $1000. YMMV!
Many are not packed to the roof, but if it’s a good house not beyond all help, I roll up my sleeves and phone big strong men. :)
Another reason I'll take cold weather over warm. We really have only six weeks or so of really miserable weather here in the wintertime and it is generally filled with thawing breaks to make it tolerable.
Hurricanes are usually just lot of rain and wind by the time they make it here. Earthquakes and tornadoes, while not unheard of, are rare and relatively mellow.
Alabama, good for landlords until the covid crap and the executive order last night.
“People leave their mementos,”
I have 1 rental. Had to evict tenants once. The guy basically went nuts. I filled a 20 yard dumpster with what he left behind, and it wasn’t furniture. I could not believe the personal stuff he left behind. There was so much I didn’t have time to sort out valuables. Unless something really stood out and had obvious cash value it went into the dumpster. I found a box full of documentation of the life of the exwife’s brother who committed suicide. There was nothing I could do with it but throw it in the dumpster. Sad.
Very glad we sold everything but primary residence years back. I was tired of tenants and their problems becoming my problem. It was like having more teenagers in the family.
The EO only apples to government loans on property SO fanny Mae or Freddy mac the Feds have NO CONTROL over anything else!!
We used that as a tactic at the FDIC during the bank crisis. It gave the borrower a financial incentive to leave without trashing the place.
Proved to be a cheaper, quicker way of resolving the issue without having to use attorneys.
FDIC had a lot of inventory, considering we closed down nearly 500 banks from 2009-2012.
The Executive Order issued on September 1st appears to be more wide ranging than simply applying to properties with federally backed loans.
Sorry, you were being smug. you made a lot of assumptions. make your point and you would have been better to leave out your smug comment.
“Bad strategy to ever put tenant utilities in your name.”
If they can’t pay the utilities to the utility company, how will they pay them to you?
you are a fool
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