Squatters Moved In! Here's How He Got Them Out With David Metzger (Ep 506)

Rental Income Podcast With Dan Lane

Rental Income Podcast

Business, Investing, Entrepreneurship

4.9 • 805 Ratings

🗓️ 28 January 2025

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Squatters saw a rental listing online, broke into the property, and moved in. The investor's Realtor noticed someone occupying the property and called the police.

When the police arrived, the squatters presented a fake lease. The police told the Realtor that this was a civil matter and that there was nothing they could do. They would have to take this up in court.

On this episode, the investor's attorney, David Metzger, discusses what happened next and how he ultimately removed the squatters from the property.

We also discuss a shortcut he devised to speed up the process and steps rental investors can take to prevent this from happening to them.

https://rentalincomepodcast.com/episode506

Transcript

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0:00.0	inspiring interviews with today's top landlords this is the rental income podcast and now dan lane this is pretty scary
0:10.9	some people broke into a vacant property and they started living there they were squatting in the property
0:16.6	the investor that this happened to didn't want to come on the podcast and tell her story, but we have her attorney joining us today.
0:25.6	David, can you tell me what happened?
0:28.1	Well, I had a client who had gotten engaged and she was moving in with her fiancé.
0:34.7	They decided that they wanted to keep the home she had been living in
0:38.7	and rent it out as an investment. And so they put some money into fixing it up, getting it ready,
0:46.7	engaged with a very reputable real estate agent to list the property for lease. And literally on the day that it was listed for rent,
1:00.8	squatter came to the property, broke in, moved in with her two children. And when the real estate agent went to the property to see what was going on,
1:13.9	she presented him with a fake lease. He called the police. The police saw the fake lease,
1:20.2	and they said, well, there's nothing we can do. You're going to have to handle this civilly through
1:27.2	the courts. There's nothing that law enforcement
1:29.3	can do. And that started a long process that we got involved in in order to remove this
1:36.1	squatter from her property. Unbelievable. Well, on the podcast today, we're going to figure out
1:41.1	how this got resolved. And more importantly, see what you can do to
1:44.9	protect yourself to make sure that this doesn't happen to you. Joining us on the podcast today from Atlanta
1:50.7	is David Metzger. We'll take a quick break to thank our sponsors. We'll come right back and we'll
1:56.3	talk to David. It's a lot of work to find a really good rental property, and when you actually find that
2:01.3	property, you want to make sure you're working with a lender that can get that loan closed.
2:06.0	The lender that I recommend is Chaley Ridge from Ridge Lending Group. She's a nationwide lender,
2:12.0	and her specialty is helping investors finance rental properties. She has a ton of loan programs
2:17.9	and she can find something customized to you for your situation.
	...

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