Are you a landlord with frustrating tenants? You’re not alone. Many landlords find out the hard way that they have frustrating tenants in one of their rental properties. Things became especially aggravating in 2020 with new requirements for evictions in-place. In this article, we’ll share 4 ways to deal with a frustrating tenant in Raleigh-Durham.
If you own a rental property, you’re going to deal with a frustrating tenant in one of your properties, sooner or later. Maybe they trashed the property, maybe they never pay rent on time, maybe there are too many people living there, maybe they just call you too often, for every little thing. No matter how lucky you’ve been so far, a bad tenant will eventually rent your property. Here are 4 ways to deal with a tenant issue when it happens it to you.
Try to negotiate with your tenants
The best and first way to attempt to deal with a tenant issue is to take the “high road”. You can try to reason with your tenants and explain that you provide a service so they need to pay and treat it properly. Sometimes explaining that you are running a business and needs their payment to pay your own bills helps make the situation more understandable. Perhaps your tenants don’t realize they are inconveniencing you or maybe they’re not paying because they need a different payment schedule (such as weekly instead of monthly). In any scenario – having an honest conversation can go a long ways in working out a solution.
Evict your tenants
Evicting tenants can be tricky and even legally complicated, but it’s an option for you. Laws often favor tenants over landlords in the Raleigh-Durham market, so you’ll likely have an uphill battle. But in the long run it could be worth the effort to get them out of your property and instead get someone into your property who is a better tenant. You’ll definitely want to do your homework and contact an eviction attorney before sending any notices to the tenant. Performing an eviction by the letter of the law is of the upmost importance, especially in North Carolina.
Explore other legal strategies
You may be able to explore other legal options (in some scenarios), from suing your tenants to getting their wages garnished. It really depends on the situation and the laws governing that situation. Again, you may need to work with an attorney to do this, which can be pricey, but many times it’s worth the expense just to get bad tenant out of your rental property. We have used Brownlee, Whitlow, Praet Property Solutions Law with success in the past.
Sell your property
If your tenants are a real hassle and causing you a lot of stress and expense, then you can always sell your property. With property values rising so quickly in the Triangle over the past few years, many landlords are choosing this option. Many lot of rental property owners that sell to us do so because of the frustrations they face dealing with tenants. Depending on who you sell to, you may not even need to evict your tenant first (for example, in many cases, we just buy and evict for you). For rental property owners with family living in the rental, this is an ideal solution.
If you want to sell your rental property to us and finally get rid of the headaches, then get in touch and let us know about the property so we can make you an offer. Click here now to fill out the form or call our team at [phone].