Just when everything was going great, I've got to ask the tenants to leave
I can't evict them. They didn't do anything wrong.
The association has been yelling at me and my tenants about the cars parked behind the row of condos.
They aren't my tenants cars.
The association has been bugging me about the tenants working on their cars in the alley.
Once again, my tenants aren't doing it.
They are the people's cars that live in 5024, not 5034 Mtn Vista.
The people in 5024 visit the people in 5034.
The association assumes they ALL live at 5034.
So the association rep (who I've know for 30 years) has been yelling at me.
He's telling me my tenants are liars, they work on cars in the alley way, and he thinks they kicked down a broken wall.
I told the rep, he shouldn't yell at me just because we're old buds, and he shouldn't make accusations he can't back up.
AND, he should calm down and consider the source of his information.
I really like my current tenants. They are decent people.
But they shouldn't have let the people in 5024 come over to their garage,
and they shouldn't have a garage sale every weekend.
That condo is just too visible.
But, alas, I have a win-win solution.
- Since the condo isn't going to appreciate much more,
- Since we're only making $9000 a year off of it
We're going to sell it and take the $130k. (if I can, I'm selling to the tenants)...haha
That's enough to pay for this place for the next 10 years.
But if not, a reliable friend told me his investment group has gotten him better than 13% interest over the last few years.
$16,900 sounds like a much better return than what we're getting on the condo.
Time to give my old bud Brian Grady a call.