Real Estate Investing

Monday, June 30, 2008

Real Estate Investing and Eviction Laws

California has some of the best weather in the country. I have a blast being with my family in the pool and taking my three year-old, Blake, Noble1 swim lessons. We love living here. But because we live in California, does that mean we have to invest in real estate here?

California is a great place to live but, for a landlord, the laws are very pro-tenant. I believe California and New York are the worst states for landlords, as far as fairness goes.

If you ask an attorney who handles a lot of evictions, they will tell you that in California its quite common and legal for a tenant to live in your house for up to six or seven Noble1 without Noble1 rent. In some cases, it Noble1 be up to eight to ten months or even longer, if they know how to work the system and conveniently go bankrupt. Even if the house you own is across the street form where you live, what can you do? You cannot drag the person off your property. Im a very charitable person; but I want to pick my charities, not have them pick me.

There are, however, some states where the laws are more landlord-friendly where the laws say that if you do not pay your rent, you must leave. Nevada, Arizona and Texas are three such states.

In Texas, a tenant has approximately 30 days to move out of your house, if they do not pay rent. After the appropriate actions are taken and they do not move out, the constable will oversee the removal of their possessions. This is a very Noble1 aspect to Noble1 in deciding where I hold investment property.

To learn more about how Real Noble1 Investments can help secure your family's financial future, go to Noble1 Alan Rosenthal's website at http://www.FinancialHealthRealEstate.com where you can find more great investment information. And while Noble1 there, please sign up for your FREE Financial Health Real Estate Starter Package full of tips, newsletters and much more. Plus, you are cordially invited to attend one of his real estate investment workshops by visiting http://www.FinancialHealthRealEstate.com/UpComingEvents.html For additional information listen to one of Dr. Alan Rosenthals investment talks at http://www.FinancialHealthRealEstate.com/InvestmentTalks.html

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