Cash for Keys

Instead of going through the eviction process, you basically offer the tenant to pay their a moving cost to move into a new apartment. It could either be a flat fee or a couple months worth, depending on your market. And usually they're pretty happy with that. They're basically getting free money. I think some investors here cash for keys. Nd, they're like, how would i ever pay some one to get out of an apartment that i own? But at the end of the day, it's the smarter and sometimes more prudent business move,. Because even if you give them, whatever, two thousand bucks, it's cheaper to do that than losing rent for howver many months

Play episode from 20:59

Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app