MasterCaneman -> RE: Power Corrupts; Even At Low Levels (9/17/2013 8:37:02 AM)
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I'm not sure what Commonwealth law is regarding entry, but here in the PRNY, a landlord has to give 24 hours advance notice (writing acceptable) to enter a unit, but if there's an emergency (fire, flood, structural damage) they can enter any time. The key word here is "emergency" and how it's applied. While I do feel a little bad for the guy losing out, on the other hand it seems he was looking for an ATM investment, the kind that keeps sending you money. We have a lot of them here, surprisingly young landlords too. The bottom line is, if you've got that much tied up into anything, it behooves you to at least do a walkaround to let the tenants know you're present, and it lets you know if your tenant is actually who signed the lease. What it sounds like happened here is, the guy was hit by an "apartment-finder" scam. One party, with a good background and who makes the right noises, signs the lease and immediately turns around and sublets it to someone who doesn't have a good track record with rental properties or who, for some reason, doesn't want their name on a lease. Go to a church, community center, or corner grocery with a bulletin board and you'll find an ad for one.
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