The Rogue Tenant and eviction Nightmare

[Jacob Beg]

Hi All- 

I have not dealt with an eviction for a very long time and I am dreading what's to come. The tenant is now in arrears for over $5600 and called today to shamelessly say that he is not going anywhere and won't be paying. As per the attorney, it is taking up to 9 months for rent arrears related evictions in this count. By that token, I am looking at a loss of close to 30K with attorney cost etc. 

Three people were on the lease and it appears that two of them have left without giving any notice. The last one at the property has other unauthorized people staying at the property. The lease ends in Sep,2022 and non-renewal notice is already served. Even then, the eviction procedures and court backlog means that I am staring a very large loss.

This is the other side of hunky dory and rosy picture of real estate investing. This guy has a job and makes decent money and have others staying at the property paying him money as well- of course, all under the table stuff. 

Tried to tell him that I can forego the rent if he moves out but why would he? The money he would save staying put, is a much bigger sum. 

Any ideas?

[Jaron Walling]

@Jacob Beg "It feel very personal when you know someone has the money" - This response is trouble. I'd focus on changing the mindset because this situation is eating you alive. 

Rental properties are a business. NOTHING IS PERSONAL. Don't give up trying to get this tenant out. Karma always comes back and shows it's ugly face to people like that. Demand the PM company to turn over information or get an attorney to send a letter of representation. Bring out the bigger hammers and start the demolition.