Managing rental property on your own is sometimes challenging. Although it’s a wonderful way to bring home another source of income, it takes a lot of work to keep up with the property and the tenants. When you’re looking for someone to occupy your property, you want a tenant that’s responsible and cordial.
Unfortunately, not all tenants are. There are bad tenants out there, and they’re not always easily spotted. When you find yourself trapped in a lease agreement with hostile tenants, what’s the solution?
In the guide below, you’ll learn a few different ways to deal with problems with tenants and ways to get rid of bad tenants. Continue reading to find out more.
1. Schedule a Meeting
If you’re constantly dealing with issues regarding your tenants, then it’s time to sit down with them and discuss the problems. Before you or your tenants become frustrated and angered, sit down and try to come up with a resolution. This is a great first step to take before jumping to any conclusions about the situation.
Make sure you’re ready to go over all the things that need to be worked on. Bring out the lease and highlight sections in the lease that they’re not following. Then, have a few solutions of your own to suggest and be open to theirs as well.
2. Know the Law
It’s also essential you know the law. There are landlord and tenant rights that must be abided. Keep in mind that these laws differ depending on the state you’re in.
Do the research for your specific state and come prepared. The more educated you are on the matter at hand, the more likely you are to come out with a solution that works well for you.
3. Keep Your Records
Not all tenants will communicate well over a sit-down meeting or when presented with landlord rights. That’s why you must keep records of everything, in case you have to go to court or get local law enforcement involved. Make sure you have a copy of the lease, detailing specific sections they’re not following.
If you’ve received complaints about the tenants from neighbors, then keep these records as well. Late payments, aggressive behavior, and any other issues with the tenants should be kept on record so you can present it as evidence if needed. Keeping a journal of dates and times of every occurrence is a good idea as well and can help serve as a reputable reason to evict them or a reason not to renew their lease.
4. Hire a Property Manager
As a landlord, you have a lot on your plate. Trying to manage the property and the tenants on your own isn’t always an ideal situation. Instead, consider hiring a property manager to handle it for you.
For example, when working with Fort Lowell Realty and Property Management, they’ll ensure your rental property is rented out quickly to high-quality tenants. A property management company will give you the peace of mind you need and will have experience dealing with tenants and common tenant issues.
How Will You Deal With Bad Tenants?
If you find yourself stuck in a situation with bad tenants, how will you solve the problem? Make sure to keep the advice listed here in mind. Following these tips will ensure you deal with bad tenants the right way.
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