One of the main reasons landlords struggle is bad tenants.
If a tenant violates their lease agreement, evicting them is quite simple. However, if you simply don’t like them, they annoy the neighbors, or they are doing illegal things that you can’t prove, getting rid of them can be quite difficult.
The good news is, getting rid of bad tenants can be easy if you’re smart about it.
Let’s discuss a few ways you can get rid of tenants you don’t want anymore.
Increase the Rent
If you own property in a place without rent control, you can raise the rent to try and get them to leave. This alone may push them out. Of course, even if they don’t leave, the added compensation may be worth the trouble of dealing with them.
Make sure you read up on the local city and state laws surrounding rent increases.
Don’t Renew the Lease
You may have the ability to get rid of your bad tenants if you don’t renew their lease. Again, you must look at the lease terms and the local laws before doing so, though many lease agreements come with an option to extend the lease for another year.
If you have tenants with problems, you may have no obligation to extend their lease.
It is your job to give your tenants the proper notice if you decide to go with a non-renewal. Sometimes, local laws say you must give your tenants at least 1-3 months’ notice.
Threaten a Lawsuit
If you have a good suspicion that the tenants are doing something illegal on your property, though you aren’t able to provide it, you can still try and threaten them with a lawsuit by telling them what you can do if you find out what you think they’re doing is true.
It’s important to be cautious with an approach like this, though there aren’t any laws against letting your tenants know you have the ability to launch an investigation.
We recommend talking to a legal professional to see what your best option is before proceeding with this method.
Buy Your Tenants Out
Of course, the act of legal proceedings is notoriously long. Often, people end up spending months of their time and thousands of dollars going through legal proceedings, which may not be feasible in your case.
In this case, you may offer to buy your tenants out and give them money to get a new place.
If you decide to go this route, it is VERY important to specify the moving out terms, as the last thing you want is to give them money to move to a new spot, only to find that they trashed your place before leaving.
Learn more at United Home Offer Blogs.