Thursday, December 10, 2020

Enticing a Renter to Leave Before Court Starts Again

For small landlords, if you haven't been paid rent since April, and you want immediate possession to the rental property, you should considering enticing your tenant to leave by entering into a payment plan that does the following:
1. Put the tenant on a payment plan and provides all updated info in a rental application.
2. Get a co-signer/guarantor of that payment plan, if necessary
3. Pay for their moving expenses up to a certain dollar amount
4. Excuse the last payment on the plan if the tenant moves out as agreed.
5. Don't include the security deposit in any part of the agreement because there may be damages to the premises.

If you need further assistance, contact me to discuss your options.

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