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Updated almost 8 years ago on . Most recent reply
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What if rental stop paying???
Buying a rental property is easier than managing rental. I had rental property for 5 years and then I sold it and moved back to Texas. I am always worried if rental stops paying me then what I can do to get rid off them in houston, Tx. Does law help me or renters? How long does it take to remove rentals ect? Any help would be appreciated.
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Learn your state specific landlord tenant laws. When a tenant has not paid their rent by mid night on the 1st of the month a landlord serves notice on the 2nd. Assuming of course you are operating your investment as a business.
Hobby landlords would probably wait a while then start begging for payment and eventually be forced to start the notification when they finally realise a tenant paying late is abusing their landlord tenant relationship.
Most hobby landlord lose a lot of money unnecessarily due to their own incompetence.