The Bad Tenant - How to get rid of them.

It's the nightmare of all Landlords, the Bad Tenant.

No one wants them, and you're probably kicking yourself that you may have been able avoid them, 'if only' you had done X,Y, Z. Well you can't go back in time, so the next step is to deal with them here and now.

But what do you do?

First of all it depends on what is happening? Not paying rent, being rude to the neighbors, destroying your property (pulling out water heaters, tearing up the floor, setting fires etc)

How to Renovate a Tenanted Rental Property

The point of being a landlord is getting the maximum rent out of your rental property. This often means buying a rental property that needs some love and putting a bit of sweat (and money) into it, to get those returns. But, what if you property needs work and there are tenants already there? Do you wait until they move out to do the work or do you work around them?

It would make sense to wait until they move out, but there are reasons against this - what if they are long-term tenants and they aren't planning on moving anytime soon?

What if the work is going to take sometime and you don't want the down time between tenants?

7 Basic Rules for Tenants

When a tenant is renting a property there are some basic rules that need to be followed. These rules need to be spelled out in your rental agreement. So what are they?

1 - When is the rent due and when is it considered late:

it still amazes me that this is so tricky for some people. Is the payment supposed to be in my account on the 5th or are you considered late on the 5th? Spell it out. Make sure the tenant sets up direct deposits with enough 'clearance days' factored in. Don't set it up for it to go out on the 5th if the banks needs 48 hours for funds to clear.

2 - Notice:

How much notice needs to be given when they vacate the property? How much notice do you need to give when there is going to be a change in rent? How much notice do you need to give (and in what form) before you enter the property? What about what notice you need to give if you want your tenants to vacate the property? Spell it out so there are not issue sin the future.