I close on a distressed property on April 6 2018 (5 days from now), it is in Nebraska, the current owner has had a buddy living there rent free, no lease, no contracts for 3 years... he wants nothing to do with evicting the person and I purchased the property without ever going inside the unit...I did purchase the property in my LLC name, in cash and below what the land value is assessed at.I live within 10 miles of the property and have driven by multiple times.
Ive never seen any movement, there are no cars there however there is a porch light on and another light on in the house which has never been turned off when I drive by.
I plan to let the person know in the next couple days via letter and face to face I will be purchasing the property and they need to vacate.
I plan to give 2 options:
Cash for keys and Ill help them move. ( I don't want to just throw someone out with no place to go)
or option 2 the sheriff will evict you and you get no help from me...
Any advice from anyone or anyone who has went down this road?
Thanks in advance,
If you go the cash for keys route make sure you have them sign something before hand saying they are terminating tenancy. Under most state laws they would not be considered squatters so you must follow the law to remove them. When they hand over keys and have all their stuff out you give them the money not before. Even if this means having it in a truck in the driveway.
Next is secure the property. This will mean changed locks and maybe even securing windows. My concern with this situation would be they may decide to take your money and break back in.
As far as an eviction goes you are in an odd situation and I would contact an attorney. In my state no lease means they default to a basic agreement based on state laws. With the addition on them not paying rent it’s a bit odd. I would not be surprised if you had to notify them of a change in rent, wait for them to not pay and then evict or Possibly you may just have to give them 30 Days notice to vacate and then proceed.
I completely understand on the monies exchange portion, Ill have someone in the house pretty much the moment they move out so it will be secure.
Hopefully they will be civil as me and just vacate with a little moving help and a little cash.
Dana, when you first approach the person living in the house face to face be sure to take someone along just to be safe. You do not want to risk someone lashing out against you.
Will do Ryan, I planned on that as a witness anyway, Ill let you all know how it goes.
I also know Mahoneys in Columbus and Omaha.
@Ryan Mahoney agreed never go alone any time you meet them
File for eviction
Hey Dana, I’m from Lincoln and will be following your post.
Following the post from Colorado.
Also unless that house is in a nice neighborhood, this eviction will be a real educating experience.
Thanks for posting this Dana. I’m also in Lincoln and hope you’ll keep us posted as the situation evolves. Good luck as well!
Ill be going there Wednesday or Thursday once I close, Ill make sure I post what happens.
Following. Good luck
Well I went there tonight, not quite sure what is going on but lets just say I believe the guy has a mighty green thumb, definitely doesn't want me in the house, he stated he would burn the place down before he lets anyone in...well I called the sheriff for his and my safety to have it checked out and let him know I would be back Saturday to inspect the property... Ill keep you updated
Well I chatted with the gentleman to let him know how the cow ate the cabbage after serving the 3 day notice and 24 hour to enter notice and he was much more receptive, he apologized for his attitude on our previous conversation, I again reiterated I'm willing to assist him if he wants assistance and he agreed to let me come in as long as i was alone to inspect the property from top to bottom and asked for a little more time to vacate, I told him we would chat today Saturday at 10am, I also told him Ive seen it all and as long as he doesn't have people or dogs locked up in the basement Ill keep it confidential. I also let him know there would be contractors starting shortly so be prepared. I looked around the property and to my surprise not to bad, its a half acre and it is surrounded mostly by a privacy fence and the yard looked about perfect. I also have all my eviction papers ready to be filed just to be on the safe side...Ill keep you updated. Oh and if I don't check back in the next 48 hours I'm probably locked in the basement...
Well I made it out, ended up having to get a sheriffs escort, property not to bad, "hobby" room in basement. says he will sign a vacate property contract if I give him to the end of the month. Still havent offered any cash as of yet, this is the very short story.Ill tell a bit more later once I get everything signed.
It is highly unlikely he will vacate without a fight. At this point in time he is only stringing you along. No big deal if you have all the time in the world to get him out.
It is my opinion that being nice is only a waste of your time. You need to prepare to get serious and file the eviction now to begin the process sooner rather than later. Tell him it was your lawyers advice to file and that as soon as he is out he will withdraw the eviction.
It is up to you as to whether you want to take this serious or not, it's only your time being wasted.
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