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All Forum Posts by: Account Closed

Account Closed has started 2 posts and replied 15 times.

Thank you Blair!!  My PM, who appears to be a level headed guy, is telling me the same thing, just hard to stay calm when you feel you got bamboozled. I have been extremely lucky in the past with tenants, so I guess it's my turn to get a knucklehead.  Again, thank you.

Originally posted by @Blair Poelman:

Sounds like constructive fraud, but you probably need a legal pro to help you.

If it were me, I would double check the lease and the application and look for a clause that says something like "applicant / tenant affirms that the information provided is accurate and true".  If i had that clause in an application or lease, and I could prove the person was being dishonest, I would approach it that way.

As an aside, you may want to tread lightly on this one, and not go in guns-ablazing.  If the tenant is full of BS, they might also be the type of person who will fight you tooth and nail, only to trash your place and then disappear on you.  

Hello, my realtor found a tenant for me who appeared to have high income and great references. come to find out that all are falsified. she stated she worked for a government agency and that was false, reason I know is I found her on facebook and she is self employed - WITH BAD REVIEWS AND ONE OF THEM WANTS TO SERVE HER - YIKES, I can also see who she used as references, which are her FACEBOOK FRIENDS -NOT HER EMPLOYER. she was a little bit hostile when I asked her to provide renters insurance for her dogs and said she would not do it, although she apparently makes $400k a year - realllllyyyy??? she listed on her lease agreement she had one small service dog, which was OK with me until I went to the house and realized she had two dogs, untrained, so I am sure none are service animals. I feel really uneasy about this and spoke with a PM that I just hired. he says there is not much I can do since I have a legally binding contract. he believes I should just ride it out, meaning collect rent and see what happens, if she doesn't pay we can evict. the lease agreement is for 2 years and I'm very concerned. I know I need to calm down but I am angry at my realtor because she didn't get CDL or SSN card or credit report, (the tenant provided the credit report), and I am angry at myself. should I just ride it out? Also she pays with money orders (from Ralphs grocery store) which is suspect to me. why would someone making 400k use money orders for rent. this is a SFR in a very nice neighborhood in S.California., I would like to move into the property myself and get her out. I don't want to bribe her with thousands of bucks if I can help it. My gut screamed no to this lady, but my realtor thought she was great based on her docs and references. please don't tell me I am a fool because I am sooooo already aware of that. I can't begin to tell you how stupid I feel especially when my gut was screaming no! thank you everyone for reading, any answers would be greatly appreciated.

just wanted to add this for landlords as something to watch for.

the reason that I had doubts about this tenant is because the income level and lifestyle didn't jive.  i know the guys reading this will scratch their heads, but there is truth in this.  here are reasons I was suspect of this tenant:

teenage kids all had bad, uncut, unshaven hair, and clothes looked like Walmart status - remember, this is S. Ca. - doesn't jive

she arrived to see the property in an Uber, a small compact car with her 3 big kids

she owns a 2012 Toyota, that's it

her furniture didn't look very nice, cheap, and hardly any, she has boxes of junk though.

she let me know she was going to do the landscape (pick weeds), - how many people making that much money are out there picking weeds, btw, weeds still there. I'm not talking gardening here, weed pulling. this is a high income community and it's hot.  Everyone in the area uses gardeners.  People making that kind of money are very very busy and let someone else handle the "small stuff".

there's more but I can't think of it right now.

again any ideas on how to get her out are appreciated.

Post: Should I sell my condo now in Southern Ca, Orange

Account ClosedPosted
  • Posts 15
  • Votes 4

thank you both so much

Post: Should I sell my condo now in Southern Ca, Orange

Account ClosedPosted
  • Posts 15
  • Votes 4

I was wondering if anyone believes that now is a good time to sell in Southern California (Orange specifically).  I'm thinking about leaving my husband and it would be doable if I sold my condo and used that money to pay off the house I currently live in.   Some factors to consider are that there will be some new condos which are in the planning stages to be built next to mine so I'm concerned there will be more competition, still it's California and I don't see this property going too far down in value because of that, but not sure

here are the numbers

my rental-condo - one exactly like mine just sold for 269K

currently receive $1200 mo. from renter but have HOA of 320 mo.

this condo is paid off

Or

should I stick it out and see if the value of the condo goes up in a few years and then sell?  I could suck it up and deal with hubby for a while if I had to. Any feedback would be highly appreciated.  Just don't want to make a wrong financial decision.  Thank You