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Ian M.
Pro Member
  • Pittsburgh, PA
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135
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Problems with Tenants Paying their Rent (Despite Good Screening)

Ian M.
Pro Member
  • Pittsburgh, PA
Posted Aug 21 2014, 17:38

In invest in Pittsburgh and for the past 1.5-2 years i have had a horrendous track record of NON Paying tenants.  They either aren't paying on time, don't pay or just leave.  That is the one thing I didn't factor in.  I just got hit with a few maintenance issues and even a recent fine, but I factored things like that into my calculations.  What i hadn't figured in was the high amount of NON Paying tenants or ones that just leave mid-lease because i thought the PM screening would factor most (not all) of these tenants out.  I use a PM and I'm wondering if they aren't being diligent enough about following up with tenants as they should be and its costing me big time.   I invest in B/C areas as well.  Any thoughts on what I might be missing?  Or do most of you have similar issues with your properties?  I will say I have another rental in Cleveland that I have VERY few problems with in that same regard.  

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