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Updated about 10 years ago on . Most recent reply

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272
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Tristan Cortez
  • Rental Property Investor
  • San Antonio, TX
50
Votes |
272
Posts

Cash for Key

Tristan Cortez
  • Rental Property Investor
  • San Antonio, TX
Posted

As I have said in my other forum post I am helping grandparent with a problem tenant.

I was wondering if cash for keys would be a better option than an eviction, and if their are certain procedures for cash for keys in Texas.

Thanks in advance for your answers.

Most Popular Reply

User Stats

659
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536
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Steve Olafson
  • Scottsdale, AZ
536
Votes |
659
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Steve Olafson
  • Scottsdale, AZ
Replied

I personally think that the cash for keys hurts the industry.  People are rewarded to walk away after non-payment and such.  On top of this, they do not end up with a ding on their credit.  So the problem can be perpetuated.

This is harmful to the professionalism of the business.

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