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Updated about 3 hours ago,

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1,438
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Nick Rutkowski
  • Rental Property Investor
  • Ithaca, NY
1,190
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1,438
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Sometimes, its easier to work with problem tenants than strong arm them.

Nick Rutkowski
  • Rental Property Investor
  • Ithaca, NY
Posted

This happened to me a few months ago. I hope you can learn from my mistakes and experiences. 

 My last eviction taught me its easier to work with a problem tenant getting them out versus forcing them out with their feet dragging. This eviction altogether cost me $20,000 - legal fees, lost rent, and rehabbing. The first month they were late on their rent they explained they couldn't pay and asked for their security deposit in exchange for the keys. That way they could have money to move out to another place. At the time, I was not going to say yes to that and I began the eviction process. In return, they dragged out the whole process and let their family move in without my consent. Because the extra family members weren't on the original eviction, I had to wait another 3 months to get them out. 6 months altogether. Wow right? Well the family members trashed the apartment and left me to clean it up and rehab it. Have to say, not my proudest moment in real estate. But what did I learn? If I just bit the bullet at $1,000 dollars and gave it back to them so they could leave I would have saved $19,000 and 6 months of time. Remember, the goal is to get them out the quickest way possible. Lesson learned. 

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