How to Get Rid of a Bad Tenant
Let’s face it! An investor always runs the risk of getting a bad tenant. In other videos I’ve chatted about how to properly screen an application (Click HERE) but if an applicant checks out and moves into the property and life happens and now they are not paying on time or are not so favorable what do you do?
To start a bad tenant can be a tenant that’s not taking care of the property, not paying rent on time or is violating the lease agreement in other ways.
Here are a few tips for dealing with such situation.
- Call the tenant and get an understanding on what is taking place. See if you can dialogue and come to a win-win agreement. It may be a good idea to schedule a time to meet with the tenant face-to-face. If the tenant is behind on rent, maybe ask them for a good-faith payment and make arrangements. Be sure to keep a cool head! Cool heads always prevail.
- If you’re not able to come up with a win-win with the tenant, then you may have to proceed with evicting them. When they are late, you’ll want to issue a notice to vacate according to the provisions of Texas Property Code or your lease agreement. That’s the first step! Then you’ll want file for eviction once the notice is up. PLEASE CONSULT AN ATTORNEY IF YOU’VE NEVER DEAL WITH AN EVICTION.In DFW it usually takes anywhere from 30-40 days to evict a tenant from start to finish. It all depends on how full the dockets are and the length of your notice (check your lease).
If you have a “headache” tenant and need some guidance, feel free to reach out to us. We are a full-service residential real estate brokerage who’s niche is all things Real Estate Investments. Feel free to contact us today!