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Updated almost 10 years ago on . Most recent reply
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Advise Needed About Tenant
The management office sent this message to me:
"The tenant is very nice person and she is trying to get caught up on the rent. Right now she owe $3,930 in past due rent. She calls every week and says she is sending a payment through and she is very sporatic. I just found out today that her water bill is at $1,098.66. I have real concerns whether she can continue to afford this property. I'm becoming concerned that she may never catch up.
It may be time to evict and find someone who can afford the property. What is your thought?"
Please, I nedd advise for this problem.
Thanks.
Most Popular Reply
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Giving management responsibility to an agent does not relieve you of the responsibility to oversee your investment. You should be receiving and reviewing a monthly report on all your tenants. Definitely, fire the agent and evict the tenant.