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Updated over 10 years ago, 08/31/2014
Problems with Tenants Paying their Rent (Despite Good Screening)
In invest in Pittsburgh and for the past 1.5-2 years i have had a horrendous track record of NON Paying tenants. They either aren't paying on time, don't pay or just leave. That is the one thing I didn't factor in. I just got hit with a few maintenance issues and even a recent fine, but I factored things like that into my calculations. What i hadn't figured in was the high amount of NON Paying tenants or ones that just leave mid-lease because i thought the PM screening would factor most (not all) of these tenants out. I use a PM and I'm wondering if they aren't being diligent enough about following up with tenants as they should be and its costing me big time. I invest in B/C areas as well. Any thoughts on what I might be missing? Or do most of you have similar issues with your properties? I will say I have another rental in Cleveland that I have VERY few problems with in that same regard.