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Updated almost 7 years ago on . Most recent reply
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I went through my 1st Eviction
I spent $1200 on legal fees, and lost 40 days rent. The rental was not pretty when they left, but I can't say it will cost more than $2000 to bring the rental back to the condition I need.
The renter left at the end of the lease and never gave me the keys. They sub leased my property (on move out day) to a squatter, "unknown person".
I consider myself lucky.
What really worries me is this 83 million eviction records. In the eviction database.
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- Real Estate Broker
- Cody, WY
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Cash for keys is one of the worst ideas I've ever heard of. You reward the tenant's bad behavior with a cash payment and then let them leave with a clean record so they can sucker the next Landlord.
Landlords would be better off screening properly, correcting bad behavior quickly and professionally, and then following the eviction process when a bad tenant surfaces.
@Jeff Gates I manage over 300 rentals and my last eviction was 3.5 years ago. According to your attorney, I should be doing 50 a year!
- Nathan Gesner
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