Lease Non-Renewal Strategy?

[Austin Shireman]

My parents took on a tenant who turned out to not be the greatest. They don't keep the property in the best shape and have started to not come up with the rent money. They are on a month to month lease. Our biggest priority is getting them out with as little hassle as possible so we can go in and rehab the property and get a good tenant in. Looking for some feedback on what we have came up with on giving them their Non-Renewal notice. We are required to give a 30 day notice but we are giving them until April 30th to vacate the property, we are also willing to let them not have to pay rent for the month of March and April. Does this seem like a good strategy?

Thank you!

[Mackenzie Grate]

Honestly, I would not do that. I'd give them property notice according to the law, but I would still have them pay. I have learned the hard way that sometimes when you give an inch, people take a mile. Having them not pay is no guarantee it will protect your unit from further damage, especially if they are already upset/ resentful about having to vacate. That may just put you further in the hole with even less recourse. Maybe you can offer to help them by sending them listings of other rentals or offering to help arrange movers if they need it. These both show kindness and compassion and help to ensure they take steps towards actually vacating your place. 

Sending good vibes your way that this goes smoothly. I've been there myself and am currently there with one inherited tenant now. It's a delicate situation but I'm sure you will navigate it well and learn some new skills from this too.

Good luck :)