Photo: Flickr user blhphotography
I’m going to try and stay away from my recently favourite topic about evicting a tenant. In fact, the outcome of evicting this non paying head-ache is that I’ve just landed a new tenant who’s going to pay me on regular basis (at least hopefully). I don’t know why I didn’t follow through with this eviction sooner, because for the first time in more than six months I don’t have to wonder if I’m going to get paid next month.
Since I knew my eviction would be in effect for November 1, I advertised the unit for rent and the first person the responded took it. This is great, since you all know I rent in a tough neighborhood and its hard to find good tenants. Hopefully I’m not jumping the gun on this post, since I’m set to sign the lease and collect the damage deposit tomorrow evening, but what a weight off my shoulders.
In another development I may not sell the apartment buildings after all. One of my mortgages is coming up for renewal at the end of December and I may be able to take out enough equity to make it worth my while to
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Steve Eviction, Financing Financing, mortgage, Profit
This an update to Saturday’s post on evicting one of my tenants. It seems I’ve had a change of heart as I’ve now agreed to put off the eviction and ‘see how it goes’. Now, I could totally have just postponed the problem to a later date or I could have well and truly turned a corner with this tenant.
I did deliver the eviction notice as promised and the discussion with the tenant was initially quite tense. However, things settled down and we were actually able to work out a compromise. My primary motivation for evicting this tenant was not actually the late rent, but her overall attitude toward me. She’s been a difficult tenant, often refusing to communicate and once threatening to phone the police. Couple this with a ballooning debt and I didn’t have much interest in keeping her around.
However, after our conversation she seemed genuinely interested in making our relationship work and getting caught up with her rent. Oh, and if I did end up evicting her, the likelihood that I’d be able to collect any of my debt would have diminished greatly as she no longer had any incentive to pay me.
So, this is a bit of an experiment. Hopefully she gets caught up with her rent and I only hear from her once every 6 months about a broken something or other.
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Steve Eviction, Rental Property Eviction
I’ve been having ongoing payment issues with one of my tenants for a number of months now. Normally I will work with the tenant and arrange a payment program to get caught up, but this tenant is different. The last time I actually spoke to her in person she threatened to call the police because I was ‘harassing’ her by asking for my rent money. Since then our communication has been strictly by email, and she never answers the phone or returns my messages. I’ve grown very tired of funding her living expenses with no thanks and lots of head-aches.
In Nova Scotia, I can give a tenant 15 days notice to vacate the premises Read more…
Steve Eviction, Rental Property Eviction, tenancy board
