03 Aug Problem Tenants
Finding a good tenant is like gold. You know they will respect your property, keep you informed, and most importantly, pay the rent on time. On the flip side, problem renters are difficult tenants. Not only does this kind of tenant pay the rent late, but they also can bring along bad behavior. The type of behavior that that would make any landlord question their decision making skills. From tenants that regularly disrupt the neighbors to broken appliances, problem renters can be detrimental to your business. In other words, not only is your property’s reputation at risk but so is your bottom-line. With this in mind we offer some insight on problem tenants.
Disclaimer: The information provided in this post in not intended to be construed as legal advice, nor should it be considered a substitute for obtaining individual legal counsel or consulting your local, state, federal or provincial tenancy laws…
Managing Rental Property
Being a landlord can either be financially rewarding, or it can be the source of lost time and money. But, like all investments, renting comes with a risk. No matter what you do to attract high-quality tenants, unfortunately, there are times whenever your best efforts will fail you. As great as it would be to choose the right tenants every time, it doesn’t always happen. Managing rental property is not an easy thing to do. From damaged property and frivolous lawsuit threats to late rent and tenants who skip out. When you find yourself in an unfortunate situation, it’s best to arm yourself on ways you can handle them.
Common Types of Problem Tenants
At some point, you may be faced with an empty rental, wondering where your tenant is. Perhaps you served your tenant with an eviction notice or your tenant just wanted out of their lease. Either way, an abandoned rental is just one of many unfortunate situations you may find yourself in. However, do not assume it is abandon. Many landlords have made the mistake of assuming and as a result, disposed of personal property. Or even worse, forgot to document the entire process altogether. Make sure you follow the rules on an abandoned property before you re-take possession. And, keep in mind this is only one of many situations problem tenants can create. There are a few common types of problem tenants we have listed below to watch out for:
When In Doubt
In property management, problem tenants are an unpleasant but sometimes inevitable part of life. While a strong tenant screening solution helps to sift out bad applicants, some troublemakers will still find their way to your rental property. If you have questions about how to find good tenants or need help managing them, please contact us. We manage single-family homes, condos, and apartment buildings throughout the San Diego area. Whether you are interested in changing property managers, or simply looking to hire a property management company for the first time, Rancho Mesa Properties can help. We take care of all types of residential rental properties including homes, condos, multiplexes such as duplex and triplexes, and even small apartment buildings. Let us manage your rental properties, so you can enjoy your life! Call us today at (858) 576-2176. We will save you time, money, and the stress that comes along with managing your own rentals.