Bought house with tenant - now he won’t pay... HELP.

[Chandler Diaz]

Long story short:

I’m a newb who bought a home that had a tenant in it. Told him months ago I was buying the place, all was well, he has good credit and rental history. Now the guy isn’t paying, but I know he’s still there, as the property is right next to my family. Very confused on what to do. I was planning to move in the home in a month. I don’t want to chase him out right before I move in, as he could destroy the place. If he would pay just this one month, I’d be fine. Very confused what to do...

[Ray Harrell]

Evict him, IMMEDIATELY!! You should have started that process on the 5th day of non-payment. Have your family camp out in the yard until he leaves. Have them schedule "repairs" every couple of days to make sure he's not doing anything to the property. Even if he decides he wants to pay don't let him. Get a judgment and have that entered on his credit report.

Also, how do you know he has good credit? Did you run a credit report and rental history?