The True Cost of Evictions for Landlords AND Tenants

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  • เผยแพร่เมื่อ 1 พ.ย. 2024

ความคิดเห็น • 18

  • @bryanodom6551
    @bryanodom6551 ชั่วโมงที่ผ่านมา

    Great episode! Full of useful information

  • @CanadianRealEstateChannel
    @CanadianRealEstateChannel 2 วันที่ผ่านมา

    Thanks for sharing these actionable insights!

  • @alexisking9620
    @alexisking9620 6 ชั่วโมงที่ผ่านมา

    Dave, you are an economist!

  • @dhowto3005
    @dhowto3005 วันที่ผ่านมา

    Thanks. This was informative!
    No landlord wants to evict a tenant. At least I don't want to, but sometimes it's necessary. I have had to unfortunately do it once.
    Hopefully, Mr. James Dainard can resolve the issue with the one remaining tenant. $150k-$200k of loss or cost would ruin most landlords

  • @phil1954
    @phil1954 วันที่ผ่านมา

    I want to point out that about 1/2 of the evictions I file actually get to the point of the tenant moving out. Half the time they will catch up on all past due rents

  • @legacyopp9318
    @legacyopp9318 วันที่ผ่านมา

    It all depends. I lowered my credit score criteria for a nurse and law enforcement couple with 2 kids. They are maxed out on credit with new vehicles. I just signed them for a second year. Appreciation and cooperation. They are awesome tenants.

  • @crand20033
    @crand20033 วันที่ผ่านมา

    On my last eviction the tenant stole the fridge, and chair. He also dismantled everything in there the place.

  • @daveh7517
    @daveh7517 2 วันที่ผ่านมา +2

    Lower you price but keep tenant standards.

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  • @jgg204
    @jgg204 2 วันที่ผ่านมา +1

    "Should you lower your standard for tenants". Absolutely not. You are much better off by keeping your screening standards where it works with your risk and scaling, and instead improving units or lowering rents to make them more desirable and competitive. A unit with a quality tenant and slightly lower rent or a unit where you had to spend some $ for amenity improvements to get a quality tenant, is much better than a low quality problematic tenant at market rent in an as-is unit where you don't even get your rent on time and have to deal with other issues and damages.

  • @Davefitz04
    @Davefitz04 วันที่ผ่านมา

    Let’s be real, there isn’t a cost of eviction for a tenant lol.