How Raleigh Landlords Are Dealing With Tenants Who Don’t Pay Rent

Do you have tenants who simply refuse to pay their rent? One of the most infuriating aspects of being a landlord is this. This article will discuss how Raleigh landlords deal with nonpaying tenants…

If you have tenants who don’t pay their rent, you’re in the same boat as many landlords. It’s frustrating, and your options are limited.

Of course, the best defense is a good offense, which means that doing a thorough background check on your tenants and having a contract will help you. However, here are your other options…

#1. Avoid the situation

It’s possible to stay away from the situation and hope they pay. Although it’s not ideal, many landlords nonetheless go with it. You can choose to disregard it and trust that they will pay on time and possibly even catch up the following month. We’re including it here as a possibility even though it may not actually happen (it doesn’t very often). We don’t suggest this approach when dealing with tenants who don’t pay rent because it leaves room for your tenant to take advantage of you.

#2. Negotiate

Dealing With Tenants Who Don't Pay RentPossibly all they need is a different payment schedule, so you might bargain with them about that. Not everyone has an easy time making payments every month; some tenants may afford to make payments more reasonably because they are smaller. Additionally, you might be able to negotiate a rent reduction in exchange for them helping out around the house. Make sure you reach an agreement with your tenant that benefits both of you if you decide to bargain with them; otherwise, you’ll just feel more upset!

#3. Evict

You could try to evict them, but keep in mind that this can be a difficult, drawn-out procedure that could also come with some legal difficulties. A lot of laws favor tenants over landlords, making eviction extremely challenging. However, if you can rent out your house to a paying renter, it might be worthwhile to do this in the long run.

#4. Sell

Another option is to sell. Your best course of action may be to move if this is only one of your numerous rental property frustrations. Imagine selling the property, moving on with your life, and no longer having to put up with the obnoxious issues of the tenants. Many landlords love the newfound freedom they get when they sell.

At Present Day Properties we buy frustrating rental properties from landlords like you who are burned out, worn out, frustrated, and want to get their lives back.

Click here now and fill out the form or give us a call at 984-689-9785 to get a fair fast cash offer from us today.

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