David G. Brown - HOW TO REDUCE YOUR RISK IN REAL ESTATE INVESTING

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. While making the decision to evict and then following through may seem like the hardest part, keep in mind that the actual eviction process can be challenging, too. You might need to hire an attorney. You’ll need to file the eviction with the courts, and every single court system is different regarding evictions. Then you need to go through the process of actually evicting the tenant. Sometimes, this means physically removing the tenant from the premises, as some tenants — even once they know they’re being

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