Aloha from Tristyn and Kamohai! We are back for another episode!
Today we are talking about not so glamorous side of owning residential real estate. Hawaii is not a landlord-friendly state.
If your tenant stops paying the rent, it can cost you a lot of time and money to get them out of your property.
Unfortunately, we had a problem with a non-paying tenant and had to go through a very stressful, lengthy, and expensive eviction process. We are sharing what we learned.
[00:00] Being a landlord in a tenant-friendly state
[02:50] We supported the COVID housing program
[06:40] The problem with a non-paying tenant
[09:35] Hiring an eviction lawyer and a lawsuit
[12:18] An unsuccessful mediation and ending of the process
[16:30] Getting the property back after 5 months and $10.000 of loss
[21:30] Vet your tenant thoroughly
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🌐 www.dealsandaloha.org
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