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As landlords, how do we protect ourselves against bad tenants? |
What's the best way to protect ourselves against bad tenants? If we get a really bad tenant (and please don't reply with "don't rent to bad tenants," although I admit screening is a big part of the process). However, if you do get into a situation with a bad tenant and they just sit in your property for several months not paying rent while you take the "proper" route through the municipal court system and Sheriff's Office, how are we expected to pay the mortgage? Does anyone make tenants sign waivers stating that we can change the locks in order to move them out within "x" number of days after they haven't paid rent? Does anyone have some strong suggestions to protect themselves to the fullest extent? Which state takes months? CA has them out in weeks. I think your on to something with the clause but I'm not an expert. References, References and credit checks. If life was easy everybody would be doing it. Higher sec. deposit.? credit card # with a written agreement ? Welcome to the world of rentals. You do the checks and you can end up with the tenants from hell and most of them know the rules and regs to the T and they know exactly how long you have to perform certain acts to get them out and they use that knowledge most effectively. I quit using 6 or 12 month leases and only do month to month. I've found if a tenent is going to skip paying rent then the longer lease doesn't do any good; a deadbeat is a deadbeat. If they don't pay rent, 30 day notice is given. I don't need a reason. Legally you can not chance the locks, even if the tenant signs an agreement,because the "agreement" can not supersede the law.It would be considered "an Illegal eviction" and the bad tenant can collect money from it. Bad tenants know how to work the laws in their favor. I think it's horrible that people do this. Even if you take them to court and win, you stand a very slim chance of ever seeing money from them. I am a tenant, a very good one. I pay my rent early,I have put new flooring down and a new stove ,sink counter top and light fixtures and never asked my land lord for a dime. He has kept my rent the same for 14 yrs, so it's a win, win thing for both of us. The lease they sign is supposed to protect you and them but land lords always get screwed and I'm sorry about that. Those waivers would only get you in trouble. If the tenant took you to court over a lockout and you waved the contract in the judge's face it's very likely that the judge would void the contract in its entirety! At the very least the judge would declare the clause unenforceable and order treble damages to the tenant. He'd probably also quash any eviction action you had on the docket and force you back to square one to start over. That would be LOTS of fun, huh? it is the screening process.....and having lots of properties,,,,,,,,,,,everyone gets a lemon now and then.............do the work ahead of time....do the court stuff and don't overextend yourself............. first you can not have a provision which violated a state statute so your ideas are illegal and will get you into trouble |
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