Anyone out there a landlord? I just became one and learning the ropes with a bad tenant on Section 8. I read the eviction requires 45 days here, 30 on the mainland. Also, evictions must go through court. Termination of lease does not. Any insights?
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Re: Landlording
Originally posted by Troubleshooter View PostAnyone out there a landlord? I just became one and learning the ropes with a bad tenant on Section 8. I read the eviction requires 45 days here, 30 on the mainland. Also, evictions must go through court. Termination of lease does not. Any insights?
Owning rental properties is not for everyone. It is a lot of work and expensive (you better have a good attorney on retainer). But I am not asking for sympathy. IF MANAGED PROPERLY, rental properties can provide a nice income and fill a housing need for those so inclined.Peace, Love, and Local Grindz
People who form FIRM opinions with so little knowledge only pretend to be open-minded. They select their facts like food from a buffet. David R. Dow
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Re: Landlording
Originally posted by Troubleshooter View PostIt seems we're a tenant sympathetic State with the 45 days notice. It was 30 in Indiana.Peace, Love, and Local Grindz
People who form FIRM opinions with so little knowledge only pretend to be open-minded. They select their facts like food from a buffet. David R. Dow
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Re: Landlording
Originally posted by Troubleshooter View PostYes, per Section 8 case manager, I was told that an eviction could be settled within or up to 6 months. That is quite awhile to acquire free rent. Talk about sympathetic, lol!
Then don't become a landlord. No one is forcing you. There are no "guarantees" in the rental investment market. Choose your tenants wisely! You can always invest in the "trump economy" as an alternative and luck with that!Last edited by matapule; March 5, 2020, 05:38 PM.Peace, Love, and Local Grindz
People who form FIRM opinions with so little knowledge only pretend to be open-minded. They select their facts like food from a buffet. David R. Dow
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Re: Landlording
That’s why I employ a property manager. He screens the tenants and deals with them at all levels. He gets 10% of the rent each month and 15% for the first month of a new tenant. I just have to deal with him.
When my daughter became a landlord she was asking me if she should hire a property manager. What convinced her was when I asked, “who do you want the tenant to call when the water heater burst in the middle of the night, you or the property manager?” She chose to hire a manager."Reason is not automatic. Those who deny it cannot be conquered by it. Do not count on them. Leave them alone."
Ayn Rand
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Re: Landlording
Originally posted by 68-eldo View PostThat’s why I employ a property manager. He screens the tenants and deals with them at all levels. He gets 10% of the rent each month and 15% for the first month of a new tenant. I just have to deal with him.
When my daughter became a landlord she was asking me if she should hire a property manager. What convinced her was when I asked, “who do you want the tenant to call when the water heater burst in the middle of the night, you or the property manager?” She chose to hire a manager.Peace, Love, and Local Grindz
People who form FIRM opinions with so little knowledge only pretend to be open-minded. They select their facts like food from a buffet. David R. Dow
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