Seven Straight!
Well, contrary to my gloomy prognostications, it looks like I will have a 7th straight month with no evictions. As I reported yesterday, I had given a 3 day notice to my tenant who had been admitted to a mental facility. I also talked to the administrator at the mental health facility, letting her know that I would be evicting the tenant if she didn't pay her rent.
About 9am this morning, I noticed on my surveillance system that the tenant's mother was removing the tenant's belongings from her apartment. Shortly thereafter, I received a call from one of my other tenants to tell me that it appeared this tenant was moving out. A little later, I received a call from the administrator of the mental health facility letting me know that she had talked to the tenant and the tenant's mother and that the tenant would be moved out by the end of the day. So, the bottom line is that I got lucky and avoided the eviction.
My project today was to continue working on the 3 bedroom Section 8 house that is being inspected on Friday. Today, I painted the floor in the living room; patched many holes and imperfections in the walls; and I removed a wrotted section of floor in the kitchen (caused by a water leak at some point). I'm hoping to get it finished up tomorrow (I better get it finished up tomorrow) because I have a Section 8 inspection on Friday morning!
Michael Rossi is the author of 1 Minute to Rental Property Riches, which is the only book that tells the truth, the whole truth, and nothing but the truth about the rental property business. You won't find any guru motivational nonsense; unrealistic hype; or promises of instant riches without work in this book. What you will find is the critical information that you need to start, build, and operate a successful rental property business. And if you're wondering about the title of the book, 1 Minute to Rental Property Riches, it's a sarcasm of the silly guru infomercials that promise untold riches without work - which we all know is RIDICULOUS!
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Comments (2)
Thanks Amy. I'd like to take credit for this amazing feat, but it's really just a statistical anomaly. In the past, I've had many months with multiple evictions and now the numbers are just catching up and giving me a break. I'm confident that I'll be back on the eviction train in the near future. Mike
Michael Rossi, almost 16 years ago
Congrats! That is pretty impressive, particularly since you invest in low-rent neighborhoods.
Amy L., almost 16 years ago