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MJ Han
  • Investor
  • San Mateo, CA
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Oakland cash for keys - contract

MJ Han
  • Investor
  • San Mateo, CA
Posted

Hi!  Anyone here ever do a cash for keys in the Bay Area and can share or provide advice on a contract to use?  

Thanks in advance!

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Matthew Olszak
  • Real Estate Broker
  • Chicago, IL
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Matthew Olszak
  • Real Estate Broker
  • Chicago, IL
Replied

@MJ Han I'm not sure of your legal implications there in Cali, but here as soon as their stuff is out (unit is vacant), I give the ex-tenant cash for their keys, literally. No contract, either they are gone or they aren't. And until they are cleared out, the eviction process pushes forward.

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