In this episode we chatted with George McCleary, he became involved in the squatting topic after a video he made about squatters in Portland went viral. George explains the difference between holdover tenants and squatters, with squatters being individuals who enter a property without a contract and claim tenancy.
He also shares the challenges faced by landlords in dealing with squatters and the limited options available for eviction. Finally, we discussed the difficulties of being a landlord in tenant-friendly areas like Oregon and California, but highlighted the benefits in these markets like high rents and high appreciation.
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➡️ George McCleary's services and contact:
503-332-1610 mobile
McCleary Realty & Development: mcclearyrealty.com
Title monitoring starting at $2.25: titlefrauddefender.com
Instagram: instagram.com/mrd_portland/
Takeaways
Having an alarm system and monitoring vacancies can help prevent and detect squatters.
Legislation varies by state, with some states implementing laws to empower law enforcement to remove squatters more easily. Dealing with squatters can come with potential risks and liabilities, but trained professionals who follow proper procedures are less likely to encounter problems.
There is a need for more awareness and education about squatters and deed fraud to protect property owners and prevent these crimes.
