i’m in oc, so the above site doesn’t work for me, but i did check and she is past due with the property taxes…
as i said, i know for a fact that this current landlord is way over her head, and will eventually lose the home. i will move out, as i don’t want to be part of that drama.
but i want tools to get a solid rental in the future… i foresee renting for the next 3 or 4 years, and don’t want to have to move every 12 months or sooner if the owner turns out to be caught upside down and with negative cash flow
any ideas? here’s some potential ideas i have:
– look in older neighborhoods, where owners are not as likely to have an arm that is about to explode
– look for owners that have had the home long term
– check their credit
– check the property taxes
– check for nod, etc
– ask them outright about their cash-flow and their ability to make the payments given the agreed upon rent
– ask them outright whether they intend to sell the property in the near future, and maybe include some penalty in the contract
am i on the right track? what have others done?
donald duck – i’m not sure i understand your post.
