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Updated about 7 years ago on . Most recent reply
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When is it time to evict?
Whats up BiggerPockets! Long story short my Father recently inherited a few rental properties from his Father when he passed away. One of his tenants who's been living in the apartment for a few years has been MIA for 2 months. From what he's told me she's always paid her rent (although she has been known to be late). She's an older women who travels a lot, so she's always in and out of the apartment. As of right now she has been MIA for 2 months. She hasn't paid her rent and my Father has not been able to get into contact with her. All of her stuff is still at the apartment.
My question is, when is it time to evict? He is struggling with the decision because she's been a reasonably good tenant in the past. I don't know how to advise him, so what does everybody think?
Most Popular Reply
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The correct time to evict is Immediately after rent has not been paid and the grace period has ended.
State law varies, but usually this is the 3rd or 5th of the month. There is no decision to be made, the tenant made the decision for you! EASY! Your dad is making the common mistake of thinking tenants care about his business being profitable, they don't, they shouldn't, but HE SHOULD.
Tell dad to STOP BEING NICE, it's not profitable and not helping.