Updated almost 11 years ago on . Most recent reply
Procrastinating Eviction
I purchased a condo in October of last year, head a lot of issues on getting information from the seller but because my time limit was almost up on my 1031 exchange so I went through with the deal. A few days before closing I found out that the perfect tenant was getting evicted. Now the tenant is behind a month again because her check bounced. I have a Property Management company handling everything. The property manager collected 150.00 and gave the tenant three day notice with a promise she would pay the balance last Friday of course that did not happen.He collected a 100.00 more yesterday and he keeps telling me give her a few days. I have been in this situation so many times and I learned the longer I wait the more money I loose. Should I be patient and take the advise of the Property Manager or start the eviction process.