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Updated over 10 years ago on . Most recent reply

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29
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THANG BUI
  • Investor
  • Huntington Beach, CA
1
Votes |
29
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Cash for keys? How to draft offical documents

THANG BUI
  • Investor
  • Huntington Beach, CA
Posted

So I'm dealing with a nightmare situation right now with my tenant. She cannot afford the place and subletted to 3 other people. One of those people is causing problems and I want to remove him. Unfortunately he wont leave. I tried to get the tenant to hire a lawyer to evict but she cannot afford.

This leaves me with two options, evict the whole unit. Or offer cash for keys. I was going to offer his monthly rent of $300 to have him leave by the end of the month. I will change out the locks but I heard he has a tendency of re-entering through the windows.

Is it possible for me to draft a document that he signs stating that he no longer lives there? I want to make sure that after I pay him $300 when he leaves that he will not re-enter the place.

T

Most Popular Reply

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3,866
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Rick H.#4 Marketing Your Property Contributor
  • Lender
  • Greater LA/Orange County area, CA
3,548
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3,866
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Rick H.#4 Marketing Your Property Contributor
  • Lender
  • Greater LA/Orange County area, CA
Replied

Thus isn't your tenantp's problem; this is yours, as investor's problem. 

You will waste time attempting to manage problem tenants. Sort of like trying to Ferrell (wild) cats to do certain tasks. Great entertainment value but that's about all.

When you've finally acknowledged that the situation has you licked, call my eviction attorneys, Liddle & Liddle in Glendora (626) and ask for Celeste. They handle both LA and Orange County, CA. 

If you don't like my suggestion, track down my buddy Lin He as he's iin your area and may offer similar advise.

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