ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Squatters Turn Hollywood Mansion Into Rental Hub for OnlyFans Models

The incident underscores the legal complexities and loopholes that squatters exploit to occupy properties unlawfully in the US.
PUBLISHED FEB 27, 2024
Cover Image Source: Getty Images | Photo by Allison Dinner
Cover Image Source: Getty Images | Photo by Allison Dinner

A Hollywood Hill mansion, which was listed for sale, was recently occupied by squatters, who allegedly rented the home to OnlyFan models. "We walked up the property, and the lock box was cut off. And there was a mailbox someone had ordered and put up. Like that was very weird, that was not here before," said Emily Randall Smith, a real estate agent working with the homeowners.



 

Upon discovering that the house was unlawfully occupied, local authorities were immediately contacted. Despite police intervention, the man inside the residence refused to vacate the premises. Consequently, the homeowners patiently awaited the house's evacuation. 

"I guess some girl opened it and she ended up being an OnlyFans model and I guess the guy who had broken into the house had started this whole business and was renting these rooms out to the girls," said Smith.

"She was renting from the guy who was like the whole ringleader of the thing," Smith told CBS. "She was hired to make content in there, so it was a little eerie and weird. Cause when we went in there ... you could tell that there was like some weird stuff going on in there."

Cover Image Source: Getty Images | John Phillips
Image Source: Getty Images | Photo by John Phillips

Following the squatters' departure from the residence, the officers observed that they had fully settled in, evident by suitcases and bags scattered about. Moreover, the fridge was fully stocked, and food was cooking on the stove. However, upon closer inspection, the officers noted that the house was not in optimal condition.

"There was a lot of dog poop... the beds were all messed up, there was a lot of trash everywhere. It kind of seemed like someone was irresponsibly living there," Smith stated. "They cut all the cords to the security systems, they brought in new Wi-Fi," she added. However, no arrests have been made so far. 



 

California faces a significant challenge with squatting due to relatively lenient laws regarding individuals living in properties they do not own. Numerous instances have been reported where squatters have taken over vacant houses. Property owners, on the other hand, bear the responsibility of safeguarding their properties and ensuring maintenance.

According to Mitch Roschelle, the managing director of Madison Ventures+, real estate markets in many American cities may experience heightened squatting issues. This is partly attributed to laws that grant squatters rights within a short timeframe.

For instance, in New York, squatters gain rights after just 30 days, complicating landlords' efforts to evict them. Similarly, in Los Angeles, landlords often face financial burdens to remove non-paying tenants.



 

The squatter purportedly advertised rooms in the four-bedroom, 5,857-square-foot home for approximately $300 per night. Furthermore, celebrities like Jeff Bezos, John Legend, and LeBron James are known to reside in the vicinity, making the nature of the case even more peculiar.

MORE ON MARKET REALIST
The billionaire also predicted that other companies would follow suit in the future.
2 minutes ago
His comments have led to several Americans calling him out for not reducing beef prices.
4 minutes ago
Billionaires grew their wealth by an incredible 22% in the last year as regular Americans struggled.
7 minutes ago
Americans in a Reuters/Ipsos poll identified the cost of living as the primary factor influencing their votes in the upcoming midterms.
2 hours ago
This will be damning for the DHS, which is already under immense pressure from the public.
19 hours ago
Experts believe that it has to do with getting a sense of momentary control.
21 hours ago
It seemed like the contestant was heading towards defeat, but his luck soon turned around.
21 hours ago
The company says it has taken action to protect its rights as an importer to seek duty refunds.
1 day ago
The payout was driven by the company’s financial strength and strong underwriting performance.
1 day ago
Trump made this claim during his lengthy State Of The Union address earlier.
1 day ago
Research predicted that in the consumer sector, "AI personalization strategists" and "AI supply-chain analysts" jobs are expected to emerge.
1 day ago
The product might contain germs as the pasteurization process was not done properly due to a equipment troubleshooting error
1 day ago
The contestant came as close as possible to winning big, but had her heart broken in the end.
1 day ago
Trump failed to address the affordability issue that voters care most about.
1 day ago
He said that society is not quite ready for the pace at which AI is currently displacing workers.
2 days ago
The recall affected products that were sold to customers in four states and in Canada.
2 days ago
Those opposed to the changes believe Trump is politicizing the health of children.
2 days ago
Bessent said that the proposition would be rolled out “in the coming weeks and months,” as a tool for working-class Americans left behind.
2 days ago
“It’s a bad idea. We are very alarmed,” a financial source stated about the proposed move.
2 days ago
A post on X could move trillions of dollars due to the power that retail investors hold
2 days ago