Your Local Home Advisor

Ugly truth - don't believe sob stories from renters

Posted by Connie Gohata on Friday, January 29, 2016 Under: Foreclosure process
I just went through an eviction today.  It was not fun, including all the things leading up to it.  My renter should have been kicked out about 2 years ago, when they first got behind.  My fault.  After all, a mortgage company would not care what your story is, they just want the money.

After getting the court to OK the eviction, the Sheriff came, but fortunately, my renters had basically moved out.  I mean basically, because they left a lot of junk.  Now, after I changed the locks, I have to call several contractors and get bids for making this place tip top.

Like I said, I should have kicked them out a long time ago, and used a property manager.  I would not be in the situation today and I would have made a lot more money.  Don't believe sob stories.  They are never true.

Yes, it's like a foreclosure - it is not a happy time for many people.  But I'm amazed that this renter could even pay me, since she worked at WalMart - I'm sure that even at $15/hour working 40 hours/week, that's only $600 x 4 weeks = $2400 gross.  Her rent was $1900/month. AND I had lowered it a few years ago from $2000 so they wouldn't be late paying me.  AND I never raised it after that.  

Believe me, that won't happen again!  After I spend $10K to $15K to get the place back into shape, I'll make sure I hire a tough property manager who knocks on their door on the 3rd of the month demanding payment or get kicked out!  That's what I need.

In : Foreclosure process 


Tags: "bad renters" "eviction" 
null

Ugly truth - don't believe sob stories from renters

Posted by Connie Gohata on Friday, January 29, 2016 Under: Foreclosure process
I just went through an eviction today.  It was not fun, including all the things leading up to it.  My renter should have been kicked out about 2 years ago, when they first got behind.  My fault.  After all, a mortgage company would not care what your story is, they just want the money.

After getting the court to OK the eviction, the Sheriff came, but fortunately, my renters had basically moved out.  I mean basically, because they left a lot of junk.  Now, after I changed the locks, I have to call several contractors and get bids for making this place tip top.

Like I said, I should have kicked them out a long time ago, and used a property manager.  I would not be in the situation today and I would have made a lot more money.  Don't believe sob stories.  They are never true.

Yes, it's like a foreclosure - it is not a happy time for many people.  But I'm amazed that this renter could even pay me, since she worked at WalMart - I'm sure that even at $15/hour working 40 hours/week, that's only $600 x 4 weeks = $2400 gross.  Her rent was $1900/month. AND I had lowered it a few years ago from $2000 so they wouldn't be late paying me.  AND I never raised it after that.  

Believe me, that won't happen again!  After I spend $10K to $15K to get the place back into shape, I'll make sure I hire a tough property manager who knocks on their door on the 3rd of the month demanding payment or get kicked out!  That's what I need.

In : Foreclosure process 


Tags: "bad renters" "eviction" 
null

About Me


Connie Gohata RealtorĀ® and RE Investor Short Sale and REO Specialist Regular Sales, Distressed Sales CA/BRE #01822665 Phone: 714-553-9146

Make a free website with Yola