Cash for Keys - Thanks Brandon!

[Shaun Hunt]

I meant Thanks Brandon, but can't fix it. :)

subletting, smoking in non-smoking, late payments, no payments, refusal to pay just one, out of what should have been many, late fees, lug bolts in walls, new boat, new car, new motorcycle, no money for rent, etc., and now I am the bad guy?

I have been overly patient with current tenant and I have given him lots of breaks, that's my own fault.

I issued first late fee, which he refuses to pay and has called me three times to tell me that I'm a bad guy. 

I spoke with eviction lawyer, thanks to #Brandon Turner's book. The lawyer gave me some ideas and would be happy to help, if needed.

I offered $200 cash, plus deposit if he leaves by the end of the month, which happens to be three days from now.

I have so far avoided three day pay or vacate and eviction process. 

My fingers are crossed hoping he doesn't bust up the place.

Tenant thought I was charging way too much. I listed the home minutes after I got his notice to vacate, in writing. Within 3 business hours, I had five emails. Of those five, I scheduled a showing. Tenant insisted on a 24 hour notice. The notice was given at 1:53 p.m. By 2:00 the next day, I showed it to two people. Of the two, both wanted it, so I gave it to the person who asked first. He brought me a $1,000 deposit. I even increased the rent $150/month to catch up with CMV. After negotiations, I dropped $50 off per month. 

The new tenant wants to do automatic payments on first day of each month. They rent over forty homes in area. They house special needs adults. Some are violent and break things, the company fixes those things at their expense.

Current tenant is the 20% of the 80/20 rule. He has been fired. If Tuesday rolls around and the place hasn't been busted up, the I will be back to 98% good in all seven homes.

Not sure where I'm going with this, other than to say that the last year and a half have been interesting.  I shouldn't be so afraid of three day pay or quite, etc. New tenants will be awesome to have and cut down on my stress levels.