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Updated over 6 years ago on . Most recent reply

Account Closed
  • Real Estate Agent
  • Arlington
100
Votes |
162
Posts

Section 8 Cash for Keys - how much to offer?

Account Closed
  • Real Estate Agent
  • Arlington
Posted

In cities with very pro-tenant leanings, eviction is long, expensive, and near impossible (especially in DC). If I were needing to change a tenant on a month to month lease, what would be a reasonable amount to offer as Cash for Keys (assuming a high cost area like DC)?

Also, how does the transaction take place?  Do you offer cash once they move out?  Half cash at agreement, the other half paid at move out?  I’d value any input. Thanks!

Most Popular Reply

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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
Replied
@Jonny R. If their on a month to month, just give appropriate notice to leave. No need to waste any money with cash for keys

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