Do you have a rental property with bad tenants? You’re not alone. Many landlords find out the hard way that they have frustrating tenants in one of their rental properties. In this article, we’re sharing 4 ways to deal with a bad tenant in Savannah and in the surrounding areas.
If you own a rental property, sooner or later you’re going to deal with a frustrating tenant in your house. Maybe they caused significant damage to the property, maybe they never pay rent on time, maybe there are too many people living there, or maybe even all of the above! It seems like no matter how hard you try to prevent the situation, tenants like that will eventually rent your property. Below are 4 ways to deal with a bad tenant in Savannah when it happens to you and your rental property.
1- Have clear and direct conversations with your tenants
After having casual conversations with your tenants, you may need to be more direct about the situation. You need to talk with your tenants and explain that you are providing them with a service, so they need to uphold their part of the lease agreement by paying the rent on time and not causing excess damage to the property. Perhaps your tenants don’t realize they are inconveniencing you with unnecessary damage or maybe they are having trouble paying rent on time because they need a different payment schedule (such as weekly instead of monthly). At the end of the day, you need to talk with your renters, understand their challenges, and share with them yours as the landlord and property owner.
2- Cash for keys
Another option you have as a landlord with bad tenants is to look into offering “cash for keys”. With cash for keys, you are offering your tenant money to vacate the property and surrender their keys, giving you back control of your rental property with as little headache as possible. If a tenant is having trouble coming up with the money to pay rent, they probably don’t have the funds necessary to move. As the landlord, this option may cost you more upfront but will save you tons of headaches if you can get a new tenant that pays rent into the property quickly.
3- Evict your tenants
As a landlord, there will come a time when you need to evict a tenant from your rental property. Evicting tenants can be tricky, stressful, and even legally complicated but it’s an option for you. Laws in Savannah and Chatham County favor landlords, 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 get a new tenant.
4- Sell your property
If your tenants are a real hassle and causing you a lot of stress and costly expenses, then you can always sell your rental property. In fact, a lot of rental property owners that sell to us do so because of the frustrations they face dealing with 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 because the eviction is coming from the new owner and not you.