All Forum Posts by: Ryan Car

This is in California and I believe the 60 day notice to vacate is required in California Code 1946.1.  I did speak with an eviction company and gave them the whole story.  They recommended I wait until the 60 days are up to start eviction (January 10, 2020), even though they did not pay December's rent. 

When the tenant is moved out (after eviction or not), I believe the best option would be to hire a locksmith to accompany me to the property to get in and then I'll replace the locks at that time.

Thank you everyone for your responses.  This has helped me out a lot.

I just acquired a property through foreclosure over a month ago.  The property I own has a current tenant who used to pay the old owner.  I spoke to the tenant and they had no previous lease agreement with the old owner and just paid month to month.  I then handed them a notice to vacate within 60 days, as I want to sell this property.  I also collected November rent from them.

After I presented the notice, the tenant has not paid December rent and is not being responsive when I try to contact.  I will start eviction once the 60 day notice to vacate is up.

So I'm wondering.  Once I do get the renter out, how do I get in?  I do not have the keys to the property.  Do I need to ask the tenant for a copy?  If it ever gets to the point of a sheriff lockout, do I just bring a drill and drill out the locks?

What have all of you done in an instance like this to get in the property?

I have a 1st trust deed on a property that is currently in foreclosure.  It will be going to auction pretty soon on October 2nd.  In total, after all foreclosure costs, it will be going to auction for about $34k and the only other lien on the property is about $1,400 of property taxes.  I'm trying to decide to just let it go to auction and not attend or to actually bid on this house myself in case any investors come so that I can get the property.  I figure the house could sell anywhere between 90-110k depending on the work put it (I can show the link to the property if anyone would like to provide input).  I live a couple hours away from the property and I work full time, so I would not be able to physically oversee any refurbishment.  I would need to rely on a general contractor to oversee the work.

So my question is should I just let this go, or should I try to flip this property?  If yes to bid, has anyone ever used a general contractor before to oversee the project?  I would have to rely on the contractor to refurbish the property and I could not physically be there to oversee the contractor.  How would you go about writing up a contract with a general contractor to do this?

Thanks.

Thank you for the information James.  I'll look in to getting my real estate license.

Thank you for your responses.  James Wise, I am able to find who the owner of the property is on the Assessor or Auditor Controller's property search, but it does not show the owners address.  I do know that the grant deeds do have the owner's address on that document, but if you search the assessor website, they do not allow you to see those documents.  The assessor usually states you need to go down to their office to see the document.  So I'm wondering if there is a way around this when traveling to their office isn't possible.

Anyone use any third party companies to look up this info?  I also noticed Zillow gives a lot more info now when it comes to foreclosures. For example, I'm in the process of two foreclosures and I noticed Zillow has the original loan amount and even the past due payment amount on the loans on their website that they somehow got from when my foreclosure company recorded the documents.

Hello All,

Currently I'm working full time and my side investing consists of note investing.  I'm at the very beginning stages of venturing off into multi family rentals.  I've heard a lot about finding deals that are off market.  Now every now and again when I issue a new loan or start a foreclosure related to my note investing, I'll get something mailed to me asking to purchase my loan.

My question for you all is this, How do these people find out my name and address?  I'm sure they get it off public record, but I'm looking for something more specific.  Like a step by step example of how someone does this.  I'm looking to use the same concept for finding properties and mailing out offers to owners.  I'm assuming you can't just mail something to a rental property, as the real owner most likely will not be occupying the facility.

Or if you have any other tips to find off market properties, throw it at me.

Thank you.