Great clip, got a defaulted tenant since April this year, only wanted to rent for one year, she was informed per the lease, then she decides not only to stop paying rent but now she's squatting, I offered to help her find a new place and sent her numerous comps, even a few at a lower rent, but still no cigar, so I had my property mgr, file eviction and we put the house on the market but of course prospective buyers are reluctant because they don't want to deal with a deadbeat tenant either, so the lender on the 2nd recommended a property atty. We're in the process of filing in court as I write this, we even offered her 20K to leave once we find a buyer, i.e. during escrow, she still gives us the run around and says she'll think about it, so up to now 3 possible buyers have bailed out thanks to the tenant. I've heard the courts are way backlogged due to the pandemic so getting her out via a court order is going to take quite a while, anyway great info that I have forwarded on to my property manager, I love the biker gang idea, if I knew some bikers I'd have 'em move in right away😂
Can you make a video on family members or friends who refuse to leave your house and are not paying rent? That is the situation I happen to be going through unfortunately. Thanks
In Australia , property managers refuse to help bad tenants receive any resources , as they say it can be used against them legally, " hindering their enjoyment of residency by harassment", Police were told that tenants are selling drugs , Police here say they need at least 3 photos or video evidence of the deals going down to get a search warrant. Not worth having an investment property
So you bought your house with tenants living there ? That’s what I just did and it’s looking like I may have to evict them they are suppose to leave in June but I think they are gona try to squat ugh so ridiculous
For the people in the comment section. The housing court in your state has a free pamphlet how to evict a tenant. I strongly recommend picking one up reading it because sooner or later you going to need it
I have a month to month tenant renting one bedroom. We haven't signed a new one so the it is at will now. Last day I seen her was on the 31st and she hasn't paid this month nor appear. Not even her mom knows about her, no phone nor nothing. Now, I gave her 2 more weeks and told her mom if she wants to get her stuff after that period of time cus her things are still there. Now her mom it's talking about lawyers and that its not abandonment that she can claim vacation.
I’m in BC Canada and my tenant is really depreciating my property and now my son wants to live in the house. I feel bad but she’s costing my tons of money. I’m evicting her tomorrow and I feel so bad!
My relative was in a bum renters (druggies and thieves) situation. He called the sheriff and started procedures. The renters offered one dollar with a promise to pay the rest as able. My relative was smart enough not to take the dollar as that would have started the non-payment count time all over for the deadbeats. Within three months they were gone and good riddance because a year later Covid pandemic and the insane laws against landlords started.
basically you use memberships instead of tenants and renting. Like memberships to local swimming pool If your nougaty they kick you out with your flipflops no questions asked. The memberships cost money to the club and the living its for free for members.
Fantastic video! We just bought some properties and we have some nasty people that they already told us that they are going through the court system (we are disconnecting light/water and put up a big fence) However I like the cash for keys! I’m a fan now of the channel
I have a tenant that hasn’t paid over 6 months.. most likely it’ll be over 10 months .. literally to 1 year!! I’ll be out thousands of dollars!! Nothing I can do till feb.1. Then , that will probably drag on ... cost me quite some thousands. Who knows of I’ll recoop any of it. Especially if tenant claim all sorts of things. Cash for keys is not a bad idea. I even offered to get the tenant out and I’ll forgive the rent , but.. nope they won’t do it. Attorneys can’t move forth either.
wow... sorry to hear about your situation. I am in the same problem. This guy(tenant) seems like he knows what he is doing. and is willing to go to court. the worst thing is... the owner of the house lives there and is elderly with lots of health issues. He is taking advantage..and stopped paying rent for 6-7mo. the Elder is scared of his horrible temper and threats.... Would love to hear from you and your current situation now.. I hope eviction was successful!!!
Biker gang is the only fresh new idea I see as viable. I have 2 tenants that haven't paid throughout most of 2020. One refused cash for keys and the other changed the locks and stopped responding to the door, calls and texts. My mgmt company says I have no recourse except to wait until the court system opens up again maybe in the spring. In the meantime the losses are mounting to more than $10K and there's no relief bill to help me pay my mortgage and taxes. :(
I have a house for rent, my mom found a couple to move in and once they moved in haven’t paid rent. There is no lease agreement but I decided to sell it. What should I do? IDK maybe I should list it in the RB&B while the non-paying renter stay there. Heck I rather move in too.
Am I the only one having trouble to accept cash for keys as an ethical solution? The tenant owes you money or is destroying your property. In return they get rewarded? How much more cash are you gonna give to a good tenant then? You’re just passing the pos tenant to the next owner who would do the same thing and pass the tenant again to the next owner. You probably inherited the tenant from the previous owner who gave them cash for keys too.
I have 3 tent living in one house, 1 in each room and living on the couch, well he not I guess being nice and they don't feel safe, he don't get mail, or pay rent , the one does but the other pays like $20 to $40 a week when she feel like it , but he don't pay anything. They want him out, but my dad let him be there because he was doing work for him but now my dad has passed away in Aug. OH and now the one that was paying saids she going to stop paying until he is out,
I QUIT LEASING TO MY TENANTS. THEY SIGN A MONTH TO MONTH RENTAL AGREEMENT. I TELL THEM THAT IF THEY DON'T LIKE SOMETHING ABOUT MY PLACE, THEY CAN MOVE AND THAT IF I DON'T LIE ANYTHING ABOUT THEM OR THEY BREAK THE RULES THAT I WILL NOT RENEW THE MONTH TO MONTH AGREEMENT. I HAVE HAD SOME THAT WOULDN'T LEAVE AND WHAT BURNS ME UP IS THE LAW THAT SAYS THEY HAVE RIGHTS!
Great video! I just found your channel recently and I like your content. I’m in STL also, trying to network and get my RE IQ up. I currently own 4 rentals and looking to grow. I’d love to learn from you guys. How do I get started?
Can I move people in if they are not paying ? These tenants have broken every part of the least and refuse to move . When I get them help , they just don’t pay again . Even call me Mrs. silver spoons . They even went on vacation for 2 weeks , they said , get this , they didn’t go on vacation , they drove their cousin on his vacation and he paid them , now I’ve heard it all
Hi, my dad has tried giving the people renting his house an eviction order but they still won't leave what can he do? They are 2 months late in rent and haven't paid bills either.
How do y'all deal with the seasoning period required to refinance your rentals? If I have $120k of capital and put 75% of it in a deal (including closing and rehab costs) but have to wait 6 months before I am able to pull my money out, is the only real solution to fund a new deal private/hard money? I guess what I am getting at is that even if I had access to $300k worth of capital, I could at most acquire 6 houses a year (~100k all in/each) which is assuming a pretty hard to come by 3 month seasoning and a 3 month renovation that goes absolutely perfectly. I am a sophomore in college who is completely naive to the regulations behind refinancing a BRRRR, so any help on this subject is greatly appreciated!
That is awesome you are starting so young. Private money is the best solution. Keep looking for new banks to work with. Eventually you will find one that won’t have as long seasoning or negotiate with your current bank to lessen the time
Thank you for posting Im in AR and they will not let me evict until Jan 2nd. There are 2 people receiving a check from yhe government and one that work and their income have not stop due to covid-19. I would really like to get them out.
@@reddiwhip_st8324 I was able to go to the court and file the papers but they moved before the court date. They did not show up to court and I was awarded everything that I asked the judge for
I have a question for you or anyone that has any info on this question. I’m about to rent a house signed the house with me and my 4 kids and my girlfriend or 16 year but we ain’t together no more so what can I do to still get this house without her name in the lease because we needed 3x $2500 of income a month it shows that with her income but I’m paying a full year upfront so would they take her off the lease and still let me rent or how dose all this work or what way should I go about it? Thanks
Great video. But I have a roommate who was ex cops.. he’s being a terrible person. He’s a liar and a manipulator. I had a 1 year lease with him and it looks like he won’t leave.
I just rented my house to a tenant about two weeks ago. The contract says that she'll be occupying the property with her husband and her daughter, but I actually find out that she lives there with her other daughter as well plus four little grandchildren and her son in law. So instead of three people in the house, I have nine people living in the house, and I just don't know what to do. I'd really appreciate your feedback
Communicate openly with her and explain she's violating the lease agreement and work out amicable terms. Don't delay, have that convo asap. Don't be afraid - you've done nothing wrong.
WHAT IN THE WORLD HAPPEN TO LANDLORDS ANYWAY? WE HAVE NO DARN RIGHTS AT ALL. TENANTS CAN, 1.) NOT PAY RENT - 2.) STAY FOR MONTHS AND 3.) STEAL YOUR REFRIGERATOR, YOUR STOVE, YOUR WINDOW UNITS AND ANYTHING IN THEIR WAY.
Please help. Dead beat hasn't paid rent for 10 month's now he's a hoarder has a dog now and different ppl living with him it's a mess to much to continue!!!
How would someone like me with nothing to offer get someone in a position such as you are to mentor them? I know a lot of people offer for you to pay courses to take but i am trying to think like a broke investor. Invest what I can. So.... what if I offer is time. I put in say x amount of hours helping say you or someone in positions like you weekly daily or monthly helping to the best of my abilities in return for mentoring. I truly hate my job but I make 90k so I work it to support my family. My wife is a nurse in 14 months then I can pursue an interest of mine. Real estate is my interest. Any chance I can trade you my personal time in exchange for knowledge and experience. Everyone wants something for nothing. I at least wanna offer what I can. Any chance you are in search of a motivated obsessive hard worker to take under your wing? I know it’s a long shot commenting on someone’s TH-cam but I’m just trying to find a good mentor so swinging for the fences.
I appreciate the comment for sure! I don’t currently have any position open but would be happy to help where I can. Hit me up on Instagram and keep watching and commenting on my videos!
Have you ever had to evict a tenant?
STL Investor it can be!
Yes , almost all of them . The ones I didn’t , the damages were outrageous
Great clip, got a defaulted tenant since April this year, only wanted to rent for one year, she was informed per the lease, then she decides not only to stop paying rent but now she's squatting, I offered to help her find a new place and sent her numerous comps, even a few at a lower rent, but still no cigar, so I had my property mgr, file eviction and we put the house on the market but of course prospective buyers are reluctant because they don't want to deal with a deadbeat tenant either, so the lender on the 2nd recommended a property atty. We're in the process of filing in court as I write this, we even offered her 20K to leave once we find a buyer, i.e. during escrow, she still gives us the run around and says she'll think about it, so up to now 3 possible buyers have bailed out thanks to the tenant. I've heard the courts are way backlogged due to the pandemic so getting her out via a court order is going to take quite a while, anyway great info that I have forwarded on to my property manager, I love the biker gang idea, if I knew some bikers I'd have 'em move in right away😂
Can you make a video on family members or friends who refuse to leave your house and are not paying rent? That is the situation I happen to be going through unfortunately. Thanks
The biker gang trick is the best strategy I have ever heard!!
Ha! We agree. Might not be a good coda legally but it is funny! 😂
What does mean I’m going through hell with my Tenenet biker gang trick ?
In Australia , property managers refuse to help bad tenants receive any resources , as they say it can be used against them legally, " hindering their enjoyment of residency by harassment", Police were told that tenants are selling drugs , Police here say they need at least 3 photos or video evidence of the deals going down to get a search warrant. Not worth having an investment property
Well I’m glad I invest where I invest and I’m glad that I treat tenants fairly
I just got through with my first eviction. It was in St. Charles county. It took about 2 1/2 months to get them out after closing.
Getting tenants out can be a nightmare, sounds like you didn’t pretty good job!
So you bought your house with tenants living there ? That’s what I just did and it’s looking like I may have to evict them they are suppose to leave in June but I think they are gona try to squat ugh so ridiculous
@@reddiwhip_st8324 are evictions allowed now? They said I would have to wait due to pandemic.
For the people in the comment section. The housing court in your state has a free pamphlet how to evict a tenant. I strongly recommend picking one up reading it because sooner or later you going to need it
Facts
I have a month to month tenant renting one bedroom. We haven't signed a new one so the it is at will now. Last day I seen her was on the 31st and she hasn't paid this month nor appear. Not even her mom knows about her, no phone nor nothing. Now, I gave her 2 more weeks and told her mom if she wants to get her stuff after that period of time cus her things are still there. Now her mom it's talking about lawyers and that its not abandonment that she can claim vacation.
how is your situation going with your rotten tenant...I am in the same situation.
would like to talk if interested..
bad tenants can be tough. That's why we have thorough tenant screening processes
I’m in BC Canada and my tenant is really depreciating my property and now my son wants to live in the house. I feel bad but she’s costing my tons of money. I’m evicting her tomorrow and I feel so bad!
Yes that's never fun. Make sure you are subbed to my channel and hit that notification bell!
Dont feel bad. It's their fault
My relative was in a bum renters (druggies and thieves) situation. He called the sheriff and started procedures. The renters offered one dollar with a promise to pay the rest as able. My relative was smart enough not to take the dollar as that would have started the non-payment count time all over for the deadbeats. Within three months they were gone and good riddance because a year later Covid pandemic and the insane laws against landlords started.
Properly screening tenants is SOOO important! But some will slip through the cracks
basically you use memberships instead of tenants and renting. Like memberships to local swimming pool If your nougaty they kick you out with your flipflops no questions asked. The memberships cost money to the club and the living its for free for members.
You got it!
Fantastic video! We just bought some properties and we have some nasty people that they already told us that they are going through the court system (we are disconnecting light/water and put up a big fence)
However I like the cash for keys! I’m a fan now of the channel
I would check with your state laws before disconnecting utilities in effort to evict. (illegal in most states)
I have a tenant that hasn’t paid over 6 months.. most likely it’ll be over 10 months .. literally to 1 year!! I’ll be out thousands of dollars!! Nothing I can do till feb.1. Then , that will probably drag on ... cost me quite some thousands. Who knows of I’ll recoop any of it. Especially if tenant claim all sorts of things. Cash for keys is not a bad idea. I even offered to get the tenant out and I’ll forgive the rent , but.. nope they won’t do it. Attorneys can’t move forth either.
wow...
sorry to hear about your situation.
I am in the same problem.
This guy(tenant) seems like he knows what he is doing.
and is willing to go to court.
the worst thing is...
the owner of the house lives there and is elderly with lots of health issues.
He is taking advantage..and stopped paying rent for 6-7mo.
the Elder is scared of his horrible temper and threats....
Would love to hear from you and your current situation now..
I hope eviction was successful!!!
is this tenant still an issue?
Biker gang is the only fresh new idea I see as viable. I have 2 tenants that haven't paid throughout most of 2020. One refused cash for keys and the other changed the locks and stopped responding to the door, calls and texts. My mgmt company says I have no recourse except to wait until the court system opens up again maybe in the spring. In the meantime the losses are mounting to more than $10K and there's no relief bill to help me pay my mortgage and taxes. :(
Sounds like a tough one. Light at the end of the tunnel
Dealing with something identical :(
This is the best advice I've seen. Thank you.
Thank you!
It is hard to get tenants out now with the current conditions of everything!
JPG That is so true!
WHT about rent to own. Can they get kicked out for not inhabitanting the property for a year
Thanks a lot! Can you please lower the volume of the music for future videos🙏🏼
Love dogs, hate evicting!
Don’t we all!
I have a house for rent, my mom found a couple to move in and once they moved in haven’t paid rent. There is no lease agreement but I decided to sell it. What should I do? IDK maybe I should list it in the RB&B while the non-paying renter stay there. Heck I rather move in too.
have they started paying?
Am I the only one having trouble to accept cash for keys as an ethical solution? The tenant owes you money or is destroying your property. In return they get rewarded? How much more cash are you gonna give to a good tenant then? You’re just passing the pos tenant to the next owner who would do the same thing and pass the tenant again to the next owner. You probably inherited the tenant from the previous owner who gave them cash for keys too.
That’s a legit opinion for sure!
Tenants have all the rights
I have 3 tent living in one house, 1 in each room and living on the couch, well he not I guess being nice and they don't feel safe, he don't get mail, or pay rent , the one does but the other pays like $20 to $40 a week when she feel like it , but he don't pay anything. They want him out, but my dad let him be there because he was doing work for him but now my dad has passed away in Aug. OH and now the one that was paying saids she going to stop paying until he is out,
curate your properties and tenants to the exact system you want
Do you use an outside property management company or is it all in house from you and your team that manage your properties?
All in house
It would be so awesome to get that free opportunity for the day from you guys
Commenting like this helps your odds!
I QUIT LEASING TO MY TENANTS. THEY SIGN A MONTH TO MONTH RENTAL AGREEMENT. I TELL THEM THAT IF THEY DON'T LIKE SOMETHING ABOUT MY PLACE, THEY CAN MOVE AND THAT IF I DON'T LIE ANYTHING ABOUT THEM OR THEY BREAK THE RULES THAT I WILL NOT RENEW THE MONTH TO MONTH AGREEMENT. I HAVE HAD SOME THAT WOULDN'T LEAVE AND WHAT BURNS ME UP IS THE LAW THAT SAYS THEY HAVE RIGHTS!
move out of CA lol
When you do cash for keys what time period ( how long)do they have to move out?
Every situation is different, asap is the goal
Seems harder to “evict” a squatter than a “tenant.” What can I do ?
several options
What if they are not on the lease we just bought a house and can’t get the tenant out
Evictions or cash for keys also
Not in los angeles county tenants have more power than landlords.
That’s one reason I would never buy rentals there
Can I evict a old owner from a property I just but on a house sale no lease
usually you can... just have to follow the rules in your county or municipality
Good to know before getting into rental properties.
There are always work around a but this is a good start
Great video! I just found your channel recently and I like your content. I’m in STL also, trying to network and get my RE IQ up. I currently own 4 rentals and looking to grow. I’d love to learn from you guys. How do I get started?
This is a great start! Go to www.fasterhousebuyersclub.com to learn about it locL meetup so we can meet you!
Just do a month to month Tenancy lease it supersedes cdc
good feedback! Thanks for watching
Can I move people in if they are not paying ? These tenants have broken every part of the least and refuse to move . When I get them help , they just don’t pay again . Even call me Mrs. silver spoons . They even went on vacation for 2 weeks , they said , get this , they didn’t go on vacation , they drove their cousin on his vacation and he paid them , now I’ve heard it all
yikes sorry
Hi, me and my husband are going to be first time landlords. I was wondering should we get an attorney to put our lease together? Thanks
you don't need an attorney. Google a standard one for your state and add in things that are important to you
In New York an eviction is a bull shit.
not so easy in other places
Hi, my dad has tried giving the people renting his house an eviction order but they still won't leave what can he do? They are 2 months late in rent and haven't paid bills either.
Not much, the moratorium will be over soon and he can evict and send them to collections
You stole my eviction process. I had an unsavory guy move in with his own lease. Needless to say, the problem Tenent moved
Cool!
I would love to attend you guys' REI meeting. I need a mentor. Hopefully meetings are open in the spring.
Third Thursday of every month, starts in January!
How do y'all deal with the seasoning period required to refinance your rentals? If I have $120k of capital and put 75% of it in a deal (including closing and rehab costs) but have to wait 6 months before I am able to pull my money out, is the only real solution to fund a new deal private/hard money?
I guess what I am getting at is that even if I had access to $300k worth of capital, I could at most acquire 6 houses a year (~100k all in/each) which is assuming a pretty hard to come by 3 month seasoning and a 3 month renovation that goes absolutely perfectly.
I am a sophomore in college who is completely naive to the regulations behind refinancing a BRRRR, so any help on this subject is greatly appreciated!
That is awesome you are starting so young. Private money is the best solution. Keep looking for new banks to work with. Eventually you will find one that won’t have as long seasoning or negotiate with your current bank to lessen the time
This is great. Writing these down.
Thank you! Appreciate you!
Thank you for posting Im in AR and they will not let me evict until Jan 2nd. There are 2 people receiving a check from yhe government and one that work and their income have not stop due to covid-19. I would really like to get them out.
Yes! Keep your head up, you will be fine!
Hey how did it work out ?
Yes how did it turn out? In the same situation, now they extended it.
@@reddiwhip_st8324 I was able to go to the court and file the papers but they moved before the court date. They did not show up to court and I was awarded everything that I asked the judge for
Thanks!
You bet! Glad I could help👍
I have a question for you or anyone that has any info on this question. I’m about to rent a house signed the house with me and my 4 kids and my girlfriend or 16 year but we ain’t together no more so what can I do to still get this house without her name in the lease because we needed 3x $2500 of income a month it shows that with her income but I’m paying a full year upfront so would they take her off the lease and still let me rent or how dose all this work or what way should I go about it? Thanks
Talk to the landlord
Great video. But I have a roommate who was ex cops.. he’s being a terrible person. He’s a liar and a manipulator. I had a 1 year lease with him and it looks like he won’t leave.
Dang. Yes, you can’t always guarantee a good tenant!
The biker gang option seems like a good one 😁
I know right!!?!?
Thanks for some good info!
You're welcome. Where are you currently in your Real Estate Investing journey?
Thanks very informative!!!
Thanks Kenya!
That was another great one 👌
Thank you Salim!!
Thanks for the tips
Thank you for the comment
I just rented my house to a tenant about two weeks ago. The contract says that she'll be occupying the property with her husband and her daughter, but I actually find out that she lives there with her other daughter as well plus four little grandchildren and her son in law. So instead of three people in the house, I have nine people living in the house, and I just don't know what to do. I'd really appreciate your feedback
Communicate openly with her and explain she's violating the lease agreement and work out amicable terms. Don't delay, have that convo asap. Don't be afraid - you've done nothing wrong.
@@TheFasterFreedomShow thank you very much!!
Great content!
Great comment!
Great tips! 👍
Thank you!
I love the biker gang move! Lol
Lol thanks! Us too!
WHAT IN THE WORLD HAPPEN TO LANDLORDS ANYWAY? WE HAVE NO DARN RIGHTS AT ALL. TENANTS CAN, 1.) NOT PAY RENT - 2.) STAY FOR MONTHS AND 3.) STEAL YOUR REFRIGERATOR, YOUR STOVE, YOUR WINDOW UNITS AND ANYTHING IN THEIR WAY.
depends on the state
I guess next best option is to look at it as a tax write off?
Could be for sure!
This is going to be so helpful !!! Hehehe 😅😂
Nice!!
Please help. Dead beat hasn't paid rent for 10 month's now he's a hoarder has a dog now and different ppl living with him it's a mess to much to continue!!!
eviction laws are state by state. Do your research and be respectful. always take the high road
@@TheFasterFreedomShow I'm in California can I add lease violations to a First amended complaint?
How would someone like me with nothing to offer get someone in a position such as you are to mentor them? I know a lot of people offer for you to pay courses to take but i am trying to think like a broke investor. Invest what I can. So.... what if I offer is time. I put in say x amount of hours helping say you or someone in positions like you weekly daily or monthly helping to the best of my abilities in return for mentoring. I truly hate my job but I make 90k so I work it to support my family. My wife is a nurse in 14 months then I can pursue an interest of mine. Real estate is my interest. Any chance I can trade you my personal time in exchange for knowledge and experience. Everyone wants something for nothing. I at least wanna offer what I can. Any chance you are in search of a motivated obsessive hard worker to take under your wing? I know it’s a long shot commenting on someone’s TH-cam but I’m just trying to find a good mentor so swinging for the fences.
I appreciate the comment for sure! I don’t currently have any position open but would be happy to help where I can. Hit me up on Instagram and keep watching and commenting on my videos!
Where can I find the documents to get started?
Local investors in your area!
Well, looks I’m gonna have to join a biker gang! 🤷🏽♂️
Lol
Sure; grab him by seat of his pants and nape of his neck and take him to the door....problem solved.
lol do not do this
please give me a shot of being a student of yours, I will be the hardest and smartest student you could have!
👊🏼👊🏼👊🏼
@@TheFasterFreedomShow Is that a yes?
Have you gone to www.freerentalwebinar.com to find out more?
Smiles
Red
The video didn't need to be this long. JUST GET TO THE POINT!!!! The rest is bullshit.
have a nice day!