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All Forum Posts by: Audrey Van

Audrey Van has started 1 posts and replied 3 times.

Post: Cash for keys during Covid

Audrey VanPosted
  • Investor
  • Atlanta, GA
  • Posts 3
  • Votes 0

@Joe Splitrock Thanks for the advice.  Yes, the tenant has been notified about the rent assistance programs. She hasn't been communicating with us and appears to be avoiding us.  Unfortunately, I think that she is trying to stay as long as possible. But that is a good point about contacting the government officials that I hadn't thought of.  Thanks!

Post: Cash for keys during Covid

Audrey VanPosted
  • Investor
  • Atlanta, GA
  • Posts 3
  • Votes 0

I have a single family home in Fulton County, Georgia with a tenant that has been in place for a few years.  She has gotten behind on her rent before but would eventually clear her debts and any fees.  This tenant stopped paying rent in February 2020 and appears to have no intention of paying her back rent.  The eviction process in Fulton County has come to a standstill and in-person court proceedings may resume next month, we heard. Even with court proceedings resuming, I'm sure there will be a multi-month backlog.  The house has known repairs that are needed from tenant damage. 

The rent is around $1000 and with our estimation that it may be January or later before a court hearing, we are considering giving a cash for keys offer.  I know this has been done in foreclosure cases where back rent isn't owed.  With the unknown time period for eviction, should we offer $1-2k simply to get her to move out and begin fixing the property for a new tenant?  How does this work with rent owed? Since we have already lost about $9k in rent and with unknown timing, this seems to be a worthwhile alternative to stop our losses. 

Post: Looking for Atlanta Property Manger

Audrey VanPosted
  • Investor
  • Atlanta, GA
  • Posts 3
  • Votes 0

I'm looking for a property manager also for a few single family residences in East Point.  Let me know if you have any success.