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SD Realtor
ParticipantAgreed every situation is different. The original landlords are usually never inclined to skip rent so yes they keep people in. However I took from the op that he was more concerned that the new landlord is going to flip the home. Thus if indeed the new landlord was going to flip the home I think he would offer cash for keys.
Also even with trustee sales, actually tenant/squatters are OBLIGATED to pay rent under the lease terms or else evictions can start immediately. However if they do pay the rent then the landlords hands are tied.
ParticipantAgreed every situation is different. The original landlords are usually never inclined to skip rent so yes they keep people in. However I took from the op that he was more concerned that the new landlord is going to flip the home. Thus if indeed the new landlord was going to flip the home I think he would offer cash for keys.
Also even with trustee sales, actually tenant/squatters are OBLIGATED to pay rent under the lease terms or else evictions can start immediately. However if they do pay the rent then the landlords hands are tied.
ParticipantAgreed every situation is different. The original landlords are usually never inclined to skip rent so yes they keep people in. However I took from the op that he was more concerned that the new landlord is going to flip the home. Thus if indeed the new landlord was going to flip the home I think he would offer cash for keys.
Also even with trustee sales, actually tenant/squatters are OBLIGATED to pay rent under the lease terms or else evictions can start immediately. However if they do pay the rent then the landlords hands are tied.
ParticipantUmmm… not really true at all DataAgent. Every case is unique. It depends on the property. It depends on the tenant, and it depends on the intent of the owner. An astute owner/flipper knows tenants that are slobs and uncooperative hurt the chances for better profit and having the tenant out is much better. If the home needs work then having the tenant out is much better. We have found in ALL of our deals that having the tenant out worked out better.
ParticipantUmmm… not really true at all DataAgent. Every case is unique. It depends on the property. It depends on the tenant, and it depends on the intent of the owner. An astute owner/flipper knows tenants that are slobs and uncooperative hurt the chances for better profit and having the tenant out is much better. If the home needs work then having the tenant out is much better. We have found in ALL of our deals that having the tenant out worked out better.
ParticipantUmmm… not really true at all DataAgent. Every case is unique. It depends on the property. It depends on the tenant, and it depends on the intent of the owner. An astute owner/flipper knows tenants that are slobs and uncooperative hurt the chances for better profit and having the tenant out is much better. If the home needs work then having the tenant out is much better. We have found in ALL of our deals that having the tenant out worked out better.
ParticipantUmmm… not really true at all DataAgent. Every case is unique. It depends on the property. It depends on the tenant, and it depends on the intent of the owner. An astute owner/flipper knows tenants that are slobs and uncooperative hurt the chances for better profit and having the tenant out is much better. If the home needs work then having the tenant out is much better. We have found in ALL of our deals that having the tenant out worked out better.
ParticipantUmmm… not really true at all DataAgent. Every case is unique. It depends on the property. It depends on the tenant, and it depends on the intent of the owner. An astute owner/flipper knows tenants that are slobs and uncooperative hurt the chances for better profit and having the tenant out is much better. If the home needs work then having the tenant out is much better. We have found in ALL of our deals that having the tenant out worked out better.
ParticipantRates are smoking right now. Simply look at the 10 year yield.
ParticipantRates are smoking right now. Simply look at the 10 year yield.
ParticipantRates are smoking right now. Simply look at the 10 year yield.
ParticipantRates are smoking right now. Simply look at the 10 year yield.
ParticipantRates are smoking right now. Simply look at the 10 year yield.
ParticipantWe have offered cash for keys before and each case varies with the tenant, current rent, our motivation to get them out etc… Your friend simply needs to look over the lease because the new owner must abide by it. In short there may be a new landlord but all the terms of the lease are the same so your friend is okay. Also with regards to showings and such, the lease should specify what can and cannot occur with regards to marketing the property. In “general” a 24 hour notice is required but leases vary.
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