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Updated over 6 years ago,
Renting out a house you don’t own?
Hi Bigger Podcasts Community,
I have a very interesting season and would greatly appreciate some guidance.
My partner and I recently purchased a 4-unit rental property in Oakland in January and are finishing up renovation for the two money-maker units out of the 4. The property includes two other units that are in poor condition. We will begin renovation after tenants move into our two renovated units. Here’s where it gets interesting:
One of our units was blocked off with wood planks, but there was an individual (we have no idea who they are) who ripped them out, took pictures, and drafted a fake written lease contract. Let’s call this person Mike. Someone took up Mike’s offer, and has now moved into this unit under the fake contract he made.
We are in the process of reading up on Oakland laws and contacting the authorities. Posting on the forums is our other first step to gain some extra insight. As unique as this is, has anyone experienced this? Regardless, is there any insight the community can provide for us?
Thank you in advance!