Kathy Kennebrook Discusses Secrets of Land Lording-Part 4

From time to time, you will have a situation arise where you will have to evict a tenant. The first thing I do is to serve the tenant with a 3 day notice, which is required by our state laws. At that point I fax a copy of the lease and the three day notice to the attorney I use to handle these matters for us.

Sometimes the tenant will make up the back rent within the three day period and the eviction process stops there. Other times you will have to take the eviction process through the court system. I will give you a good piece of advice here. Even if your tenant moves out in the meantime, you need to finish out the eviction process. Otherwise your tenant could just try to move right back into your unit. The other piece of advice I would give you here is that you need to let an attorney handle these evictions for you. They are tedious, time consuming and require proper paperwork. In addition the attorney doesn’t have any emotion involved in the situation like you may. Just let them do their job for you.

It is also clear within the body of my lease that the tenant loses whatever rents or deposits I am holding if I have to evict and that they are liable for any legal or collection costs involved in the eviction process. This makes it easier for you to get a judgment against your tenant. I also follow through with a judgment for damages to the property.

Personally, I always follow through with getting the judgment because I want the eviction to show up on public record. I wouldn’t want another land lord to have to go through whatever I had to go through with this particular tenant.

Running a rental business and having tenants in your properties doesn’t have to be a drudgery. If you follow a few simple steps to insure that things run smoothly, you can have a very successful rental business. For more information on marketing to motivated sellers, exit strategies and running your rental business, visit my website at marketingmagiclady.com.

Kathy Kennebrook offers detailed information, advice and professional-quality products related to "Kathy Kennebrook Discusses Secrets of Land Lording-Part 4", Real Estate Marketing and Real Estate Investing.

This entry was posted on Monday, March 26th, 2007 at 12:00 am by Kathy Kennebrook and is filed under Kathy Kennebrook's Insightful Articles, News. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.