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Updated 11 months ago on . Most recent reply

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Matthew Brown
13
Votes |
32
Posts

First Time Landlord on verge of evection

Matthew Brown
Posted

Hello, 

I wish I didn't have to make this post, but I am unsure where to go. Here is the situation: 

I purchased a 3-unit multi-family property in Elizabeth Port 7 months ago. All units are rented out, and things have been going fine. In December, one of my tenants went into surgery and has not been able to pay rent for December or January. She is not the type to pay rent and has always paid late and late fees. She and her boyfriend (also on the lease) stopped responding to me yesterday. I gave them 24 hours (yesterday) to pay rent for December, or I will send a notice to pay rent or vacate doc. I have been very understanding and nice with my tenants about paying rent late, but I now see that is not how this works.

This is my first time dealing with this so that any advice would be much appreciated. 

Matt

Most Popular Reply

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4,153
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Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
3,832
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4,153
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Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
Replied

@Matthew Brown There's some quality lessons learned here and acknowledgement of that is important. You saw the writing on the wall and took some risks. I'd do the same for a 3 unit in this market! 

Have you offered them cash for keys yet? Are you working with an attorney? An eviction hurts both parties and nobody wins anything (except the attorney). If these tenants don't understand this MAKE THEM UNDERSTAND. Knock on the door, have a friendly (but strong) conversation about the eviction process and then offer cash for keys. Get something writing agreeing to date they will be moved out. You're two months behind on rent with a bad track record. You don't have many options. Best of luck man.  

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