All of my hopes and dreams began to crash down around me with one simple question from my parents:
“Well, Brandon, what are you going to do if your tenants don’t pay rent?”
I had no idea.
“Make them?” I thought, naively.
“Go bankrupt?” I feared, unnecessarily.
“Kick them out?” I hoped.
You see, nearly ten years ago, I decided that rental properties were going to be my ticket to financial freedom. I was bitten by the bug and could think of very little else until that simple question stopped me in my tracks.
What would I do if a tenant didn’t pay rent?
This is how I first discovered BiggerPockets.com almost a decade ago. I used a search engine online and typed in those words, “What to do if tenants don’t pay rent?” and what I discovered was a community of others who have “been there, done that” and had answers.
I find it incredibly rewarding that today I am able to repay that favor by explaining to you exactly what to do when tenants don’t pay rent. Of course, there are a lot of other reasons you may want to evict a tenant (usually for lease violations or they’ve stayed longer than they were supposed to), and this guide will help you as well.
This post is going to cover exactly how to evict a tenant, but it’s going to go even deeper. We’re going to explore some ways that you as the landlord can navigate these muddy waters and maybe solve the problem without needing to go the “eviction” route.
(click to continue reading on BiggerPockets)
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