Real Estate Articles » Landlord

10 Reasons Why You Should Not Feel Guilty About Evictions

By: Tony Severino
Submitted: 06:46PM on Monday 01 June 2009

1. ALWAYS START EVICTIONS IMMEDIATELY If the tenants need extra time, the court will give it to them.

2. You Don’t Make A Profit With Evictions. You only cut your loses

3. You’ve Already Supplied The “NEEDY” Tenant With Free Housing. You’ve done your charity work, give someone else a chance.

4. If Anyone Doesn’t Have A Friend Or Relative To Help Him Out, Doesn’t That Say A Lot About The Tenant’s Character?

5. If Anyone Asks You How You Could Put Someone Out On The Street, Ask Them To Pay The Rent For Them And You Won’t Evict Them.

6. The Tenant Has Illegally Kept Possession Of Your House And Is STEALING From You. He has stolen your home, stolen your utilities, stolen your hard earned investment and stolen your services. The tenant is a thief. Do you see stores letting your tenant go in and take from them?

7. Letting A Tenant Stay In Your House Who Is Not Paying Rent Is Like Giving Your Tenant Your Charge Card or a blank check and telling him, “Feel free to spend it because I really don’t care. I like loaning money out interest free, even if I’m not sure I’ll get paid back.”

8. How Would You Feel If You Worked All Week And Your Employer Said I Don’t Have A Paycheck For You. Guess what, your tenant has told you that! Do you work for nothing?

9. If You Want To Give Your Apartment Away Or Provide Free Rent, You Should Be The One Who Decides Who Gets It, not your tenant. There are a lot of people more deserving.

10. Your Tenant Is Taking Money That Stops You From Providing For Your Family Needs. And the sad thing is that some tenants live better lifestyles than their landlords. It’s easy when the landlords let them live rent free! Picture yourself trying to tell your child that you could not give him or her the item he or she wanted because you had to pay a stranger’s rent so the stranger could buy a gift for his child.

At 03:22PM on June 09, 2009 - James Miller said...

Hi Tony, My girlfriend and II met you and Lisa in both Chicago and in LA at Ron Legrand's events. I agree with your article wholeheartedly. My thought has always been that I probably wouldn't let my best friend get into me for several hundred dollars, let alone a tenant. Less experienced landlords have asked me questions like "My tenant owes me $3000, what should I do to get the money out of them." I find it amazing that they wait that long to take action. At that point the odds of recovery are very low. I also find it very unlikely for someone to get "caught up" once they are a month behind. In my experience there are two types of tenants, those who pay on time and those who don't and the character of each never changes. take care.