money’s going to come from, they’re technically stealing money from you. Still believe in second chances? Let’s say your monthly rent is $2,000 and your tenant isn’t paying you, whether on time, in full, or at all. Would you allow that tenant access to your bank account? To log in every single month, and just take $2,000? I’ll bet you the answer is a strong “No way!” You need to think similarly if your tenant isn’t paying their rent. This could ultimately lead to eviction. It’s a difficult, challenging decision and task, but you need to face it head on.
Some of the most common reasons to evict a tenant:
• They don’t pay on time and ask for extensions beyond the grace period. • They don’t pay in full and ask for an extension until they’ve “got the rest.” • They don’t take care of your property and cause damage or outright trash the place. • They cause issues, tension, and disruptions with your neighbors or the homeowners’ association. • They don’t follow your rules and policies. • They don’t uphold their end of the lease agreement. (This could be any aspect.) Keep in mind that I’m referring to tenants who are multiple offenders. If someone pays their rent late once or makes a mistake or forgets to report a minor maintenance issue, that’s one thing. But if these issues are coming up repeatedly, then it’s time to seriously consider eviction. At a certain point (and you’ll need to determine what that point is), it’s just over.
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