Property owners reconsidering being landlords after falling victim to squatters

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Property owners who have fallen victim to squatters taking over their homes are reconsidering being landlords.

Patti Peeples, 61, said investment properties were meant to subsidize her retirement, but after spending $5,000 in legal fees to remove squatters who occupied her home for 34 days, she is fed up.

Peeples first discovered that the squatters moved in after she sent a handyman to make repairs in anticipation of a home inspection after she showed an interested buyer the home 48 hours before. When Peeples attempted to ask the squatters to leave her property, they showed a lease from a fraudulent landlord and claimed they had the right to stay.A police report showed that one of the woman was recently ejected from a nearby home in mid-February after a nearly identical situation, including a lease that listed the same address for the false landlord.

Peeples added that Tiura, who is based in North Carolina, decided that she will no longer invest in Florida real estate. that she was also a victim of squatters after a month-long struggle. One of the squatters on Jiang’s property, Tamisha Holmes-Bey, also claimed to have been a victim to a scam with a fake lease.

 

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