I need advice on rent skimming landlord

[jrsygirl9]

We signed a one year lease may 15 08. Moved in june 1. Owner is an real estate “investor” and purchased the property 11/30/07. he has not made a mortgage payment since 4/1/08.

Every which way i read this “rent skimming” law he violates it. he has no excuse for not paying. In fact he says he has the money but is choosing to not pay because he wants to see if he can get the bank to modify the loan. I don’t believe him because when I called to tell him there are a pre-forclosure inspector at the house he said his CPA embezzeled from him and he was fixing it. Six weeks later the NOD was filed (8/19/08).

My husband and several friends say don’t pay him another dime. I want to stay in this house. Infact in our lease it states he must offer the house to us first because I want to buy it.

Does anyone know the legality of placing it in escrow because I don’t want him to satisfy the loan and then kick us out for violating the lease. i also don’t want to throw away good money because he is upside down 170k on this property. I don’t see him fixing it.

Am I legally obligated to pay even though he is skimming? Can i legally put it in escrow so there ae no issues?

Please advise asap as this guys wants to come up tomorrow and pick up the rent check (8/29/08) and it isn’t due until the 3rd.

thank you

[temeculaguy]

Don’t pay him tomorrow, red flag for early rent pick up. He’s likely upside down so it’s doubtful he will have to sell it to you, it’s almost not his anyway. He can file eviction paperwork if you don’t pay, just keep records of the nod in case he tries to put a lien against you so you can rent again. My advice, run for the hills, move, advise him your security deposit will be your last months rent, don’t give him more money, figure out what day makes you even and notify him in writing you will be out that day. Don’t take anything for free but don’t risk anything and rent somewhere else. Been there, done that, still have the t-shirt.

[temeculaguy]

Don’t pay him tomorrow, red flag for early rent pick up. He’s likely upside down so it’s doubtful he will have to sell it to you, it’s almost not his anyway. He can file eviction paperwork if you don’t pay, just keep records of the nod in case he tries to put a lien against you so you can rent again. My advice, run for the hills, move, advise him your security deposit will be your last months rent, don’t give him more money, figure out what day makes you even and notify him in writing you will be out that day. Don’t take anything for free but don’t risk anything and rent somewhere else. Been there, done that, still have the t-shirt.

[temeculaguy]

Don’t pay him tomorrow, red flag for early rent pick up. He’s likely upside down so it’s doubtful he will have to sell it to you, it’s almost not his anyway. He can file eviction paperwork if you don’t pay, just keep records of the nod in case he tries to put a lien against you so you can rent again. My advice, run for the hills, move, advise him your security deposit will be your last months rent, don’t give him more money, figure out what day makes you even and notify him in writing you will be out that day. Don’t take anything for free but don’t risk anything and rent somewhere else. Been there, done that, still have the t-shirt.

[temeculaguy]

Don’t pay him tomorrow, red flag for early rent pick up. He’s likely upside down so it’s doubtful he will have to sell it to you, it’s almost not his anyway. He can file eviction paperwork if you don’t pay, just keep records of the nod in case he tries to put a lien against you so you can rent again. My advice, run for the hills, move, advise him your security deposit will be your last months rent, don’t give him more money, figure out what day makes you even and notify him in writing you will be out that day. Don’t take anything for free but don’t risk anything and rent somewhere else. Been there, done that, still have the t-shirt.

[temeculaguy]

Don’t pay him tomorrow, red flag for early rent pick up. He’s likely upside down so it’s doubtful he will have to sell it to you, it’s almost not his anyway. He can file eviction paperwork if you don’t pay, just keep records of the nod in case he tries to put a lien against you so you can rent again. My advice, run for the hills, move, advise him your security deposit will be your last months rent, don’t give him more money, figure out what day makes you even and notify him in writing you will be out that day. Don’t take anything for free but don’t risk anything and rent somewhere else. Been there, done that, still have the t-shirt.

[urbanrealtor]

Don’t say this often but ditto.

The other option is to get the deposit back now and explain you will pay rent to him on a weekly basis.

Remind him of how hard it will be to evict when he is not the owner. You really have nothing to fear here. Just need to work out the deposit with this dude. Honestly, if you can get the deposit back it is to your benefit to stay. The bank will offer you cash to move once they own the place again.

[urbanrealtor]

Don’t say this often but ditto.

The other option is to get the deposit back now and explain you will pay rent to him on a weekly basis.

Remind him of how hard it will be to evict when he is not the owner. You really have nothing to fear here. Just need to work out the deposit with this dude. Honestly, if you can get the deposit back it is to your benefit to stay. The bank will offer you cash to move once they own the place again.

[urbanrealtor]

Don’t say this often but ditto.

The other option is to get the deposit back now and explain you will pay rent to him on a weekly basis.

Remind him of how hard it will be to evict when he is not the owner. You really have nothing to fear here. Just need to work out the deposit with this dude. Honestly, if you can get the deposit back it is to your benefit to stay. The bank will offer you cash to move once they own the place again.

[urbanrealtor]

Don’t say this often but ditto.

The other option is to get the deposit back now and explain you will pay rent to him on a weekly basis.

Remind him of how hard it will be to evict when he is not the owner. You really have nothing to fear here. Just need to work out the deposit with this dude. Honestly, if you can get the deposit back it is to your benefit to stay. The bank will offer you cash to move once they own the place again.

[urbanrealtor]

Don’t say this often but ditto.

The other option is to get the deposit back now and explain you will pay rent to him on a weekly basis.

Remind him of how hard it will be to evict when he is not the owner. You really have nothing to fear here. Just need to work out the deposit with this dude. Honestly, if you can get the deposit back it is to your benefit to stay. The bank will offer you cash to move once they own the place again.

[donaldduckmoore]

I wouldn’t trust this landlord and don’t buy from him. But you are on a lease with him. Personally, I wouldn’t pay him but it is against the law and you will ruin your credit down the line.

[donaldduckmoore]

I wouldn’t trust this landlord and don’t buy from him. But you are on a lease with him. Personally, I wouldn’t pay him but it is against the law and you will ruin your credit down the line.

[donaldduckmoore]

I wouldn’t trust this landlord and don’t buy from him. But you are on a lease with him. Personally, I wouldn’t pay him but it is against the law and you will ruin your credit down the line.

[donaldduckmoore]

I wouldn’t trust this landlord and don’t buy from him. But you are on a lease with him. Personally, I wouldn’t pay him but it is against the law and you will ruin your credit down the line.

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