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Updated almost 10 years ago on . Most recent reply

Paying bad tenants to leave?
A local investor recently told me she has done dozens of evictions over the years and has never been able to collect a penny on any of them.
Therefore she started using a new approach of paying the tenants $100-$200 to move out within 1-2 weeks. The cost just to file the eviction is over $100 so it sounds like it may be a good idea. She's had some pretty good results with this approach and I was wondering the thoughts of the BP community on this.
Best of success!
Most Popular Reply

It's called CASH FOR KEYS and not uncommon, but sometimes a bitter pill to swallow. Being proactive is better. Have clear rental criteria, an effective tenant screening method, and a comprehensive rental agreement in place. Be swift, polite, firm and fair in enforcing the terms of the rental agreement before it mushrooms out of control.