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Updated almost 3 years ago, 02/16/2022

User Stats

8
Posts
7
Votes
Patrick Godfrey
  • Investor
  • Los Angeles
7
Votes |
8
Posts

LA RSO Tenant Buyouts?

Patrick Godfrey
  • Investor
  • Los Angeles
Posted

Hey Landlords!

I recently bought a triplex to househack in Los Angeles. The tenants I inherited have been a nuisance. They have more people living in the property than stated, and a pet which isn’t on the month to month lease. They keep parking on the premises despite no parking privileges in the lease. I’ve spoken to a lawyer and they let me know that because of the moratorium there’s nothing I can do about them. I’ve already approached them once about relocating but the conversation didn’t go very well. Besides the nuisance they’re paying well below market rent and I’d like to get this building cash flowing as soon as possible. Does anyone in Los Angeles have a good  recommendation for someone to negotiate cash for keys in situations like these? 

Thank You!

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