Are you a frustrated landlord dealing with problem tenants? You’re not alone. Many landlords find themselves stuck in a stressful situation when they have difficult tenants in one of their rental properties. In this article, we’re sharing 4 ways to deal with a problem tenant in Myrtle Beach and in the rest of Horry County.
If you own a rental property, then eventually you’re going to deal with a problem tenant in one of your properties. Maybe they trashed the property, maybe they never pay rent on time, maybe there are too many people living there, maybe they just call you for every little thing. No matter what the situation, tenants like that will eventually rent your property. Here are 4 ways to deal with a problem tenant in Myrtle Beach when it happens it to you.
Evict your tenants
Evicting tenants is never a fun process but often times it’s worthwhile. Although it can be tricky and even legally complicated, you can always hire an attorney to represent you. Laws can favor tenants over landlords in some circumstances so you might have an uphill battle but in the long run it could be worth the effort to get them out of your property and instead get someone into your property who is a better tenant. Just remember that when you re-rent your property to new tenants you should complete a credit and background check on ALL the adults that would be living there.
Try to reason or negotiate with your tenants
Sometimes the tenants don’t realize how much of an inconvenience they are causing you. You can try to reason with your tenants and explain that you provide a service so they need to pay and treat it properly. Maybe they’re not paying because they need a different payment schedule (such as weekly instead of monthly). Or maybe you need to include late fees for rent that’s not paid on time. You might even be able to work out some other type of deal with your tenants such as if they make repairs to the property they will get a discount on rent.
Explore other legal options
In some situations, you may be able to explore other legal options, from suing your tenants to getting their wages garnished. It all depends on the situation and the laws governing that situation. Of course, you may need to work with a high priced attorney to do this but sometimes it’s worth the expense just to get bad tenant out of your rental property. If there is illegal activity or some type of violence occurring then it may be best to call the police.
Sell your property
If your tenants are a real hassle and causing you a lot of stress and expense, then you can always sell your property. In fact, a lot of rental property owners that sell to us do so because of the frustrations they face dealing with problem tenants. Depending on who you sell to, you may not even need to evict your tenant first (for example, in many cases, we just buy and evict for you). For rental property owners with family living in the rental, this is an ideal solution.
If you want to sell your rental property to us and finally get rid of the hassles and headaches, then get in touch and let us know about the property so we can make you an offer. Click here now to fill out the form or call our team at 843-732-3529.
Get treated like family with Belle Coast Properties. We simplify the house selling process… check out our testimonials here.
