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Updated over 6 years ago on . Most recent reply

User Stats

103
Posts
31
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Alex Shin
  • San Antonio, TX
31
Votes |
103
Posts

I want to, but can't, kick my tenants out of my rental

Alex Shin
  • San Antonio, TX
Posted

Hello Everybody,

I've recently come by a very tired out of state landlord, call her Kait. The current tenants are her friend's daughter and daughter's husband. The current tenants haven't paid rent for years but keep the taxes current and paid. Kait is very interested in selling, and would like this problem to be taken care of, however, doesn't want to kick out her friend's daughter and ill husband. 

Do I get involved in this situation? There is motivation, but at the same time not, for the homeowner to sell her property. She's tired of the situation and the stress that comes with it, however, doesn't want to do her friend wrong. Adverse possession laws in California linger in my mind...   I normally don't like to get involved with situations where there's drama between friends and family so I'm not going to push her. I'll offer her the benefits of working with me and what I can do for her when we are able to do business but she has to make the decision to sell. 

Who has experience with situations like this? How would you handle this situation? What more information would you need to know to best help the homeowner? 

Most Popular Reply

User Stats

543
Posts
310
Votes
Davido Davido
  • Rental Property Investor
  • Olympia, WA
310
Votes |
543
Posts
Davido Davido
  • Rental Property Investor
  • Olympia, WA
Replied

Send her a conditional purchase offer that enables you to wholesale it and gives you up to 120 days to close.  I'd include significant earnest money.  If she signs the purchase and sale agreement, wholesale the deal -or keep it for yourself.  Once she has signed, what happens to the squatters is out of her control.  If the owner later complains about the squatter's having to leave, just remind her that she is free to give her squatting friends as much of the sale money as she wants to.  Surely the proceeds will be enough to set them up in an apt?

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