Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 8 years ago,

User Stats

10
Posts
7
Votes
Michelle Lyons
  • Investor
  • Atlanta, GA
7
Votes |
10
Posts

Notice to Pay or Quit

Michelle Lyons
  • Investor
  • Atlanta, GA
Posted

I have tenants who are behind on rent for various reasons. Last Sunday I told them if they'd at least pay $500 that I would promise to not file Disposessory on Monday and they did pay. They are still behind a month and change.

It's become blatantly clear now over the last couple of days that they are not getting out of their hole anytime soon ($1200 water bill they have not paid in 9 months and have been cut off...) and they will make rent the last priority.

I would like to file 3 day notice to pay or quit. I know you can't take money after you make notice, but is there a period of time before giving notice that I must wait. Tenant keeps saying I can't file because they gave me money last Sunday. I didn't think it worked in reverse but thought I'd confirm with experts. I said I wouldn't file this week.

Also the reality is the notice to pay move is to reel them back in because they have gotten out of control on rent and other behavior. I know the costs of securing new tenants... and that one month is not a big deal but I either need to train them or get them out. 

Thanks in advance for your advice and expertise.

Michelle

Loading replies...