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Updated over 5 years ago, 07/06/2019
Eviction at the last month?
Hi, I am a new out of state investor. I have SFH that is managed by property management.
I bought it on May 31 with tenants(that are renting...)
I'll be glad to get your perspective on this topic.
My tenant's lease is ending on July 31. My PM told them we don't want them to continue (30 day in advance).
They are making excuses not to pay this month rent (with excuses. One of them is that their need to pay another deposit to a new house).
In addition, they owed from last month late fees (75$) and another missing (100$). The rent for July should be 900$.
Not sure if I should start an eviction process ( as far as my understanding it will cost 500$+120$), or just to let them go.
What would you do? What do you think I should consider?
Thank you very much for your help!