Investor · Pensacola, FL · Member since 2017 · 1 post · 0 votes
I just bought a tax deed property in the panhandle of Florida. The current homeowners are still residing there. They have no money to leave and are in very poor health. They want to go to a month to month lease so they can find a new place. They have been cooperative and allowed access to the house. The interior condition is pretty bad. They are hoarders and the house smells very bad of cat urine. I am hoping that we don't have to get to eviction and am open to doing a month to month lease for a few months. How would a month to month lease change the eviction process or would it? Would it make it easier since they are now considered tenants? I want to be sympathetic but also don't want to put myself in a bad position here. Thanks for any help!
Do not risk the hold over issues that often come with this type of situation. Get your emotions under control, there is no room for sympathy in business. Feelings and sympathy are misplaced and will defiantly put you in a "bad position". Serve them immediately with a eviction notice. Do not even consider entering into any sort of lease agreement or you will likely be sorry.
Do not risk the hold over issues that often come with this type of situation. Get your emotions under control, there is no room for sympathy in business. Feelings and sympathy are misplaced and will defiantly put you in a "bad position". Serve them immediately with a eviction notice. Do not even consider entering into any sort of lease agreement or you will likely be sorry.
Consultant · Ball Ground, GA · Member since 2015 · 228 posts · 100 votes
9y
You still want the eviction. Look, you can be sympathetic and still make money. I think I would keep the rent coming in while I planned for cleanup of the property. Know what I mean? They can't clean it so you need to. Do put the cleanup in any lease they sign. Do include your work/improvements on the house in there as well. No so sure I wouldn't even change the locks so it really sinks in that you own the property and not them.
I have been in a similar situation twice before. One time we helped to place the occupant in a VA hospital. That took a few months. In the other situation we paid the security deposit for the woman's new apartment. At the end of the day you have to deal with people in unfortunate situations and be able to sleep at night. These were not people trying to stick it to you. They were just people who had lived in their homes for 30 years, had no family, no way to support themselves in their current situation and no where to go. You should try to give them a little help.
Investor · Knightdale, NC · Member since 2014 · 122 posts · 74 votes
9y
Cash for keys.
Figure out what it will actually cost to go through with the full eviction process in your state/county.
Then, come up with a number less than that and offer it to them for moving expenses if they agree to leave by a certain date. Get it all in writing, and you personally arrange the moving truck and everything.
Win / win.
If you want to be compassionate assume you will have to go through a complete eviction, determine what that would cost and offer them that full amount. The cost to you is the same but you would save months of wasted time and they would actually benefit.
If helping someone is your goal don't be cheep about it. Money talks.