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Updated about 6 years ago on . Most recent reply

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Cameron Riley
  • Rental Property Investor
  • Phila, PA
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553
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Have you ever self evicted a tenant by “ cash 4 keys” offer?

Cameron Riley
  • Rental Property Investor
  • Phila, PA
Posted

The community has offered amazing advice on my last 2 threads. I had to post again.

- Self eviction? Convincing someone to leave? Cash 4 keys offer? Changing locks after they haven’t even been living in the home for a certain period?

- experience with this?

- Before someone gets upset, lol, I am not saying I’m engaging in randomly KICKING people out of their residences. I go through the courts 99 percent of the time, unless they have abandoned my home..

- I just want to hear what others have experienced.

Most Popular Reply

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

@Cameron Riley I apparently missed your other posts. I do not EVER do cash-for-keys. If you are know what you are doing, it is never needed and you can get them out legally. Even in liberal states like California where Landlords regularly say it takes six months to get rid of someone, I have found articles from attorneys that say it takes an average of 45 days to remove a non-paying tenant. I think people take longer because they don't know what they are doing.

Cash for keys is rewarding the tenant for bad behavior and setting them up to do it again to the next guy. It may cost you more time and money to formally evict but it's the right thing to do for the sake of Landlords everywhere and it actually punishes the tenant for their bad behavior.

I don't believe in paying a tenant to leave but I have offered to "forgive" money owed if they get out and keep me from having to go through the court system. For example, a Landlord contacted me yesterday because his tenant has regularly violated the lease with drugs, damage to the home, etc. My recommendation was to contact the tenant and tell him he needs to be out before February 1st. If he complies, the Landlord will use the deposit to cover the damages and ignore the rest. If he refuses to get out, then the Landlord will evict through the court. 99% of the time the tenant will leave and the deposit will cover the damages and cleaning.

  • Nathan Gesner
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