How to evict good tenant?
I just got a deal with seller financing and to make the payments I have to increase rents. With LA's ridiculous laws im not sure how to get the tenants to move out. Turns out 5 out of the 7 are related and they only pay 990 in rent in Los Angeles (market is $1800). I know some are going to say cash for keys but should I actually say, like a script? I know I can kick them out for "substantial " improvements but I cant really afford the 30 grand it would take to remodel with the relocation fee. Looking for advice. Should I hire a homeless man to scream at all hours of the night? Just a thought and a joke... I think
Most Popular Reply
Don't close on the property until Seller has removed all the tenants. Buy the property vacant.