All Forum Posts by: Daryl Luc
Daryl Luc has started 0 posts and replied 225 times.
Post: Tenant not on lease, not paying, are they trespassing?

- Posts 226
- Votes 107
Post: Seller is Squatting - Need Advice

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- Votes 107
California's Unlawful Detainer process is the only way to proceed now on the civil court side. Get a local attorney familiar with this type of adverse possession. Holdover is just another term for a squatter. Still approach the prosecutor's office in case they find a reason to go after the guy....like he did this before.
Post: Tenant not on lease, not paying, are they trespassing?

- Posts 226
- Votes 107
Post: Screening potential tenants during eviction ban

- Posts 226
- Votes 107
Consider that there are additional tools to mitigate that will give you more control in both good times and bad. Assume that an eviction is $3k and monthly cash flow per property is an average $300. Use your own numbers, but what I just put here says that dealing with an eviction erases 10 months of gain. We all have months of no income per....but after two and especially after three empty months, the carrying charge becomes a loss that will not be caught up.
Due diligence on the front end with background checks etc is a must, but consider a 6 month lease as opposed to the usual and customary one year. At 6 months and a day, the lease falls over into month to month. At this time, you still like the tenant and they are pleased with you. We'll refer to that as plan a...no change in acceptance on the part of both parties. Next, one of you is unhappy with the arrangement, location, train every night at 2 am, no pay, whatever. At 6 months, the unhappy party gives notice to the other that they have 30 days to leave. If it's the landlord giving notice, it's not an eviction, so no 3 day quit, no court, none of that. If the tenant is still in the property at Day 1 of the month following notice, then they are called hangers on under the law and you should have in your lease a description of penalties for becoming one. It's money charges per day and fully enforceable in courts across the country. Before you go 'naw, ain't gonna work', I didn't come up with this, BL Sheldon floated this idea a while back here in the forum and I among others latched on an haven't looked back. Search her posts and find it for much greater detail on why and how it's an improvement and how it benefits both parties. Once in to month to month, if you want to raise the rent, you can do so without having to wait and presenting the new lease and falling on your sword trying to explain why it's good for them too etc. Bottom line, tenants are tenants and do what they do, but you are given more freedom for less cost in controlling how your property is rented and to whom.
Post: Applicant Rights in Ohio

- Posts 226
- Votes 107
Post: Applicant Rights in Ohio

- Posts 226
- Votes 107
What part of Cleveland?
Post: Screening potential tenants during eviction ban

- Posts 226
- Votes 107
Just as some mortgage underwriters have announced raising their qualification metrics, I have followed suit. Previously, I didn't put into the listing more than there's an application process that included background and credit. Now I post right in the property description FICO of 675 minimum, no bankruptcy, liens or judgements for 10 years, no arrests in past 5 years, income to rent of 3:1, references etc. I don't state it, but any job that looks vulnerable could be a deal breaker. I try to research the company prospects when considering someone.
Post: Seller is Squatting - Need Advice

- Posts 226
- Votes 107
Post: Applicant Rights in Ohio

- Posts 226
- Votes 107
Well, I'm not sure where you got the info that your 'fee' was for information requests, in every instance it is usual and customary to book it as an administration fee that covers the process, time spent etc. Any vendor invoices for information requests go into a completely different 'column'.
In any case you seem ready to 'make a point' with this woman. I suggest you move on. Otherwise, you'll be faced with trying to prove damages, that can't be proven because they don't exist and even if you think small claims is a remedy, you'll be chasing a five dollar bill with a twenty.
Post: Wood Flooring Refinish Quote Jacksonville FL

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- Votes 107