Landlord/ Tenant
how can i evict my tenant? An opportunity came my way and I found a house to buy. I had to be an owner occupier on account of the interest rates. I rented my other house so that I coud move to the other one. The person I rented told me that he was interested with buying the house and he lost his security deposit and therefore we made an arrangement that he will pay me all the money by the end of march, 03. Up to now he has never given me his security deposit. WHen I ask him the money, he always comes up with a gloss story about his wife who has a surgery this time or that. I fear if I tell him to leave he might destroy my house and i dont have a security on him, what should i do? difficult tenant
Your tenant is in control right now. By allowing your tenant to "slide", you have forfeited any position of strength you may have held.
Talk this situation over with your lawyer. Be sure of your rights in this situation. Coordinate with your lawyer and your tenant to develop a workout plan that permits your tenant to pay a little extra for the next three (?) months to make up the security deposit. Put the agreement in writing, and specify the penalty for noncompliance (late fee, perhaps).
By showing that you are willing to cooperate on a payment plan, you demonstrate that you are fair, yet committed to maintaining the terms of your lease. This action will put you on track to regaining control of the situation.
Thank you Dave for your advice; but I would like to hear your suggestion about this: I am thinking of putting the house on the market; sweet talk the tenant that I will get another landlord for them who will be willing to retain them in the house that way he can be coopeerative during the entire time that the house will be on market. Now what do you suggest should I still contact the lawyer? I would kike to hear your suggestion
Do you really want to get rid of the house, or just get rid of the tenant?
The only market for your house will be another investor. The reason is that your property will be sold "subject to" the existing lease. The investor who agrees to buy this property from you will know that you are just trying to unload a difficult tenant and his purchase price will take that into consideration.
If you really just want to get rid of the tenant, what will you then do with the house? If you plan to put another renter in there, won't you just be getting back into the fire?
In my opinion, it is usually cheaper and less aggrevating in the long run to work with your tenant.
Just curious, where are you located?