photo credit: EdTarwinskiAbout five years ago the real estate market was a flipper’s paradise. Now it?s turning into a foreclosure nightmare. But some savvy real estate investors are turning these foreclosures into cash making opportunities by purchasing homes and then renting them. If the lightbulb just went on over your head, you’d betting pull on a lampshade and consider the nitty gritty details before diving into a foreclosed property investment.
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Posts Tagged ‘eviction’
Foreclosures for Profit?
How to Evict that Tenant
photo credit: illryion
You’ve given them more chances than they deserve and they’ve got to go NOW! It’s a horrible feeling but unfortunately its one that a lot of landlords and property managers have experienced. You try to help out the tenant and work out a solution but they’re still breaking the rules or not paying rent on time and now you just want to get rid of them. The problem is there are fair housing rules in each state and sometimes in each community that protect the tenant from an unlawful eviction. These laws mean there are certain hoops that landlords have to jump through to obtain a legal eviction. (more…)
Tenant Retaliation Laws
credit: bloomsberries
If you have a tenant from hell it might be tempting to kick him or her out of your property. But you had better make sure your definition of a hellish tenant conforms with the law. Almost every state and some cities provide protection for tenants from such retaliation if the renter is exercising a legal right. (more…)
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