** This article contains legal information and in no-way is Osborne Homes a legal representative for legal advice consult with your attorney.
If you’re a rental property owner in California and you’ve recently evicted bad tenants or you’re considering selling your rental property because of rental tenants then this is the guide for you.
We’ll explain the steps of eviction and how to quickly sell your California rental home/property.
Table of Contents:
- Dealing with Bad Tenants Mathematically
- Eviction Laws in California
- Selling Your California Rental Home for Cash
Dealing with Bad Tenants Mathematically
When dealing with bad tenants at your California rental home you should know there are steps you could take to potentially remedy your situation.
When you’re dealing with bad tenants, you’ve gotta ask yourself the following questions to see if it’s worth the reward and even your time:
- How much is the property costing me each month?
- What’s my income after my investment each month?
- How much time am I spending working on my rental property as a landlord?
- How much do you value yourself per hour based on upkeep?
- Is it worth my time and energy?
Once you’ve answered those questions take a moment to think and reflect on it. Is being a landlord worth the passive income against the current issue with your bad tenants? Would selling the property make you more money now compared to the long term investment of your time and energy?
Fun fact: The majority of first time landlords sell their rental properties after measuring their time against their investments.
You can use this simple formula to determine if being a landlord in California is worth it:
Your hourly rate * hours spent per month + monthly investment costs
Tenant income – your income
Let’s say you value your rate at $50/hr and you spend on average 15 hours per month working on any issues on the property or just dealing with tenants. You’re at $750 and now let’s factor in your monthly investment costs – let’s say our mortgage (if we have one) is $1,200 we’re now at $1,950 but that doesn’t include any additional costs that you might need to bring in. What if your water heater breaks? What if the AC stops working? You have to plan for these additional expenses each month and when they happen they can set you behind pretty quickly. Now let’s say your tenant pays $2,500 per month for rent – that leaves you with $550 passive income before any major repairs that might be needed.
So there’s the math. You should remember you’re here because you want to deal with bad tenants and resolve issues or sell your California rental property. If your bad tenants are damaging ones, your security deposit may just never be enough to justify the recurring expenses.
Sell your California Rental Home for FAST Cash to Osborne Homes Today!
If you’ve decided that being a landlord just isn’t worth it and you are at a loss, sell your home to Osborne Homes today! We’ll deal with bad tenants so you don’t have to.
Eviction Laws in California
California is a state that is for the people and with that said there are a lot of laws that can favor your tenants. It’s best to ensure you’ve read up on the basics before starting your eviction process.
Eviction Process: Good Tenants
The eviction process is broken into multiple steps and it can seem very straightforward however, some bad tenants might not play nicely and it can add some extra steps so let’s cover the basics of selling your California rental home.
Give Notice
The state of California says you must give your tenants notice of 30 or 60 days this is called an end rental agreement. The 30 day end rental agreement is only applicable if your tenants have lived in the house shorter than one year and the 60 day applies to any tenant who has lived in the home longer than one year.
Your notice must be written and verbally announced for it to be valid in the state of California. Before you hand out a post-it note that says “EVICTED” you must fill out your notice with the state of California through your courts self-help center or with the help of a privately hired lawyer.
Respect The Notice and Continue The Rental Agreement
For the next 30 or 60 days you must continue to be the landlord and continue your duties as you’ve done before. You can’t drop off before the notice end dates unless your tenant has expressed that they are leaving sooner – if this is the case be sure to document all messages or letters for your records.
Tenants Not Respecting Your Wishes
Let’s assume in this case your tenants decide they don’t want to respect your notice and want to go against what you’ve asked them to do – what are your options?
Start a Court Case
The first step to resolving your issue whether that be your notice to make things right, or the notice to evict – you can start a court case.
Before starting a court case you should know that you MUST wait until your notice has passed the deadline.
When starting a court case you will need to complete a few forms and bring the respected documents to court in California:
- Copy of the lease or rental agreement that your tenant(s) have signed
- Copy of the original notice (and any notices therefore after)
- Copy of the written proof that you gave your tenant the notice (email, text, etc.)
- Any additional documentation that you believe will help your case
After you’ve prepared your documents you need to move onto the next steps which is to fill out the court required forms:
- Summons
- Compliant
- Plaintiff’s Mandatory Cover Sheet and Supplemental Allegations
- Civil Case Cover Sheet
For information on how to fill out these forms please visit the https://selfhelp.courts.ca.gov/eviction-landlord/fill-out website.
Your tenant may file against you in many cases, so be sure if this happens to consult with your attorney to start a trial or judgment case.
Selling Your California Rental Home for Cash to Osborne Homes
Now that you’ve read this far let’s recap what you’ve learned so far:
- That your time might be better spent elsewhere (or that being a landlord can be awesome)
- That you must give a 30 day notice or 60 day notice to tenants prior to eviction
- That you may have to go to court if your tenant ignores your repair or eviction attempts
So this leads us to your last step that you can take during your rental property venture – selling your California rental home for cash. Let’s dive in!
Benefits of Selling Your California Rental Home to Us
Selling your rental property for cash to Osborne Homes frees you up and you will no longer be responsible for anything including the eviction process – we’ll take care of it all!
- You won’t be responsible for bad tenants anymore.
- You won’t need to make any house repairs
- You won’t need a realtor
- You won’t risk legal battles or liability
- You get FAST cash for your home under any condition
If you’re ready to sell your California rental home, give us a call today! (559-500-3610) or send us an email at info@osbornehomes.com.
Sell your California Rental Home for FAST Cash to Osborne Homes Today!
If you’ve decided that being a landlord just isn’t worth it and you are at a loss, sell your home to Osborne Homes today! We’ll deal with bad tenants so you don’t have to.
