Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

570
Posts
520
Votes
Mike F.
  • Investor
  • Denver, CO
520
Votes |
570
Posts

non-renewal evictions or let go to month to month

Mike F.
  • Investor
  • Denver, CO
Posted

Hi Guys,

We have a tenant who's been renting for about 3 years, currently on a 2 year lease that is coming to an end shortly. This tenant when good, is good, but when bad is really bad. Has been late on rent numerous times and when they are it turns into lots of drama.

With the lease coming up for renewal we need to make a decision to send them a letter telling them the lease won't be renewed and it's time to leave, or we could tell them the lease won't be renewed and let them go month to month.

Part of me says to get rid of them and find a new tenant. Part of me says to not renew but let them go month to month so not if but when they go bad again on the rent it would be simpler to evict.

What do you think? Am I over estimating the benefits of letting them go month to month?

Loading replies...