Do you have tenants who simply refuse to pay their rent? One of the most frustrating aspects of being a landlord is dealing with difficult tenants. In this article, we’ll discuss how Atlanta landlords deal with tenants who don’t pay their rent on time…
Having tenants who do not pay their rent puts you in the same situation as many other landlords who have experienced this at some point in time. Because of this, it can be extremely frustrating; unfortunately, your choices are limited. Here’s how landlords in Atlanta are dealing with tenants who don’t pay their rent on time.
Of course, the best defense is a good offense – which means that if you are diligent in conducting background checks on your tenants and if you have a written lease agreement, both of these things will work to your advantage. However, here are some alternatives…
#1. Avoid the situation
You could try to avoid the situation and hope that they will compensate you. This is unquestionably not the best option, but it is one that many landlords choose to implement. You can simply ignore it and hope that they will pay on time the following month, and perhaps even catch up. Although it is unlikely to occur (it does so only rarely), it is possible, and as such, we have included it as a possibility in this section. Using this strategy when dealing with tenants who are delinquent in their rent payments is not recommended because it leaves you open to the possibility that your tenant will take advantage of you.
#2. Negotiate
Managing Tenants Who Aren’t Paying Their Rent
You could try to bargain with them because it’s possible that they simply require a different payment schedule. Not everyone is able to pay their rent on a monthly basis; some renters may be able to pay more conveniently by the week because it is a smaller payment. Alternatively, you might be able to persuade them to help out around the house in exchange for a discount on the rent. If you decide to negotiate with your tenant, make sure you get an agreement from them that is beneficial to both of you; otherwise, you’ll just end up feeling even more frustrated and angry!
#3. Evict
Although you can attempt to evict them, you should be aware that this can be a complicated and time-consuming process that may also involve some legal difficulties. Eviction is a difficult process, especially because many laws favor the tenant over the landlord, making it even more difficult. However, if you are able to secure a paying tenant for your rental property, it may be worthwhile in the long run to go through with it.
#4. Sell
Another option is to sell your property. In the event that this is just one of many frustrations you are experiencing with your rental property, it may be the best option for you! Consider the possibility of selling your property and moving on with your life – without having to deal with tenants and their inconvenient problems any longer. When landlords sell their properties, they often express delight in the newfound freedom they have gained.
At Georgia Fair Offer we buy frustrating rental properties from landlords like you who are burned out, worn out, frustrated, and who just want to get their lives back.