Rolanda Wilson - YOUR NO-RISK GUIDE TO RENTING OUT YOUR PROPERTY

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. Be strong! Tell yourself: “You know what? I’m not going to enjoy this eviction, but I have to do it. I’m going to do it, and take the steps to move forward and file the eviction, and evict this tenant.”

Some of the most common reasons to evict a tenant:

• someone who doesn’t pay on time (and asks for extensions beyond the grace period) • someone who doesn’t pay in full (and asks for an extension until they’ve “got the rest”) • someone who doesn’t take care of your property and causes damage or outright trashes the place • someone who causes issues, tension, and disruptions with your neighbors or the homeowners’ association • someone who doesn’t follow your rules and policies • someone who doesn’t uphold their end of the lease agreement 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 time and time again, then it’s time to really consider eviction. At a certain point (and you’ll need to determine what that point is), it’s just over.

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