I want to thank everyone for their input. I really appreciate it.
If I decide to do market rate I will go month to month, revise my lease and get a better handle on my screening process.
I’ve learned that you can’t predict or control people’s behavior. The best bet is to be prepared, have a team, savings and be super ultra picky. And don’t lead with your heart.
But my question is, with all that preparedness and doing everything slightly right (because it is ever really right); are evictions just apart of the process?
And I don’t just mean going to court. I mean having someone sit and take possession of your property, refuse to pay or leave and then trash your house.
Is there a better way? Because there has to be.
As a landlord all that has happened and a tenant just has an eviction on their record and possibly a judgment.
Post Covid there is an air of “I don’t have to pay my rent”. And I’m not alone. Philly’s diversion program was implemented to help tenants and landlords but it’s flawed. To those who use it, it’s another month of sitting.
It’s a business. But there has to be better way.
Just my thoughts.
Or am i failing as a landlord.