Selling a rental with tenants
if your a landlord no matter how much care you take sooner or later you end up renting to the “tenant from hell”. You know these tenants. They pay rent carelessly late on a regular basis. They damage the property and increase your maintenance expenses. They don’t return your calls. Their kids think the walls are the chalk board in school or their personal artist canvas. Maybe the man of the house has anger issues and uses the walls for his punching bag. So how do handle this problem without spending the time and money with an eviction? You could just sell that headache. We buy houses even with the tenant in place.
What can you do to protect yourself from bad tenants?
First of all and the biggest, make sure you screen your tenants. The majority of tenant problems can be stopped before they even take possession simply by using an effective screening process. We use MySmartMove.com to do our background checks. The prospective tenant pays MySmartMove directly and then sends us the report. That way you don’t need to collect personal information, take in cash, deal with bounced checks or get them to sign an Authorization To Release Information. Many bad actors “self eliminate” themselves once they see the process. This is the best way to know what the future will hold for you and your new tenant.
Also create a written agreement along with your lease. This agreement contains a list of rules about the care of your property. Have your renters sign it so it becomes an addendum to the lease. Take videos of the rental unit on move in day. Keep one copy and send one to the tenant. The tenant’s copy comes with a nice note thanking them for doing business with us and reminding them we would like to see the property look like this should they decide to leave. Get everything in writing. it can be a pain but it is your first legal line of defense.
What if the tenant is engaging in criminal activity, or disrespecting my property?
Review your lease to see if they are directly violating any clauses in it. If so, you immediately have the legal upper-hand. Talk to your tenant in a calm but firm manner about what they are doing and how you expect the problem resolved. Let them know you are prepared to take legal action and evict them if the behavior isn’t corrected. In Ocala, Florida situations like this are handled by posting a 7 Day Notice. But a phone call in addition puts a lot more weight on the matter than just a letter they may not even pick up or open.
The most important thing you can do is follow up. If your tenant isn’t paying your rent on time or is breaking some rule in your lease agreement, follow up immediately and continuously until they do. Ring their doorbell day after day until you have your rent or your issue resolved. Show your tenants they are expected to follow your rules. There is an old adage that goes,”train your tenants or your tenants will train you.” If you don’t have the ability to physically be there follow up through email or phone. Keep record of your correspondences. Sending a letter Certified Mail is considered as being served even if they refuse to sign for it.
What if you simply want to be rid of your bad tenant problem?
Are you ready to stop putting up with this headache all together? If you are done dealing with the headaches that come with landlording and bad tenants all together you can always sell your house. Let us take your problem off your hands. Even if your tenants have left your property in desperate need of repairs, we will buy it as-is and give you cash. You can stop wasting your time and energy working with tenants that disrespect you and damage your investment.
Call 352-480-0955 or Click Here today, and we’ll make you a quick offer for your property, so you can say goodbye to your nightmare tenants. We buy houses one unit at a time or or all of them. We can buy them with a lease or without a lease.