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Evictions On Lease-Options With Separate Agreements, Challenging?

thelemur profile photo
  • Friday, January 25, 2008 @ 01:34 AM EST
  • 4 Comments
In my reading it appears that some are having a tough time evicting lease option tenants due to the tenant having an interest in the property. I was advised to create two separate agreements, each coming from a different entity. (Option coming from owner/trust, and Lease coming from LLC/my management company).

Does this method appear sound?

Thanks,
Dan
  • (4) Comments
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  • thelemur
    thelemur24th January, 2008
    0
    Reply

    Great, thanks for the info!

  • d_random
    d_random20th December, 2007
    0
    Reply

    Quicken Rental Property Manager has gotten terrible reviews on Amazon:
    http://www.amazon.com/Intuit-294120-Quicken-Property-Manager/dp/B00078UK2I

    I have RealTools, but have not used it yet. But it has great customer support via the forum (http://www.nichesw.com/forum)

  • PosCashFlow
    PosCashFlow20th December, 2007
    0
    Reply

    Thanks everyone. Actually, I did see those bad reviews on Amazon and was looking for confirmation.

    Joel, I just joined recently, what exactly does Propbot do?

  • JRendell
    JRendell26th January, 2008
    0
    Reply

    I have been using Real Tools for years now for my own personal properties. This is good software for the value and using it for your own personal properties.
    Now that I do property management, I have purchased Tenant Pro which is very in depth software and has had a learning curve with making the trust account balances correct. Getting better though and looking forward to learning it like I did with Real Tools.

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