With so many foreclosures on the market these days, my customers rarely have to deal with inheriting tenants. In years past, we would have tenants from the previous landlord all the time. As short sales on multi-family properties become the majority of deals on the market, there is a good chance that you could inherit [...]
0 CommentsSo what do you do when a tenant calls and says “I am moving out” and it is in the middle of the lease? Maybe they can’t afford the place any more, maybe the couple is breaking up, maybe the roommates are splitting up. Hopefully they give you some notice, but often it is very [...]
0 CommentsIt is that time of the month. You total up which tenants have paid you in full and then send out the eviction letters to the ones that have not. Depending upon the state, a tenant eviction letter, can be a formal or informal piece of paper. Some states require it as part of process [...]
0 CommentsAre you preparing for your first eviction? Maybe that “always late” tenant finally stopped paying and won’t return your calls. Alternatively, maybe your tenant is violating the lease despite sending them some eviction letters to try and get them to clean up their behavior. Don’t stress out, all landlords go through this. All of us [...]
0 CommentsEvery landlord will eventually have to do an eviction. This can be a frustrating and expensive process. I am surprised, though, how many will try to cut corners to save a couple dollars when doing the eviction. Instead of using an evictions attorney or going down to the courthouse, they will try to find free [...]
0 CommentsThis letter is a requirement in some states and not in others. If it is required, the exact language of an eviction letter will vary from state to state. Consult with your local courthouse for the legal language that should be in here. This is simply an explanation and loose example. No legal advice is [...]
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