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Updated over 9 years ago,
New Landlord issues
Hi all,
I am about to close on my first multifamily (a 4 unit property this Friday) and become a brand new landlord. I am looking forward to it but im also apprehensive. I have read just about every blog on BP related to landlording and am reading books on it also.
My question is regarding kicking people out or potentially evicting them. All my tenants are month to month right now (all come with building) and the only open unit is the owners unit. However the owners unit is a 4 bedroom/2 bath which is way too much space for just me and my fiancee. Also i can get about 2k a month for that unit in my market (compared to 850-1k or so for the rest of my units).
Because of that i would like to move into one of the 1 bed/1 bath units that is currently occupied. Since the tenant is month to month I learned i can just tell them i am not renewing their lease and they have to be out by the end of June (working with my lawyer to give them the notice). However even though i know this needs to be done i am still apprehensive of doing it (i have been told im too nice to people). The guy is a hoarder also (could barely walk through the apartment) so he probably should be kicked out anyway.
I just wanted to get some advice on how you guys deal with having to kick people out and so forth. I know its necessary but it doesn't make it easier.
Thanks