Property Management 101

[Thomas Nance]

Hi BP community,

I haven't had an eviction yet and have run into a situation. A mom and daughter were on a lease and have shown late payments since I signed them. The mother moved out at the beginning of the month and left the daughter. She paid half the rent and is "promising" to pay the rest along with a late fee. I was going to allow her to fill out an application to rent on her own, but she is still delinquent for her payment along with continuing to make "excuses" (waiting for paycheck, had to go to the hospital, etc). My question is, do I serve an eviction now and have her out by the end of the month or try and see if she will just leave OR any other routes I haven't thought of. Thanks in advance for your responses. 

[Don Daniels]

@Thomas Nance, I would file the eviction notice asap to stop the bleeding. I file an eviction notice the morning the rent is late. If/when the payment comes in I discontinue and accept the late fee. For me, this is a business and if folks aren't going to pay I need them out. As a landlord, I am extremely kind, responsive, etc.. but firm. That way I don't end up running a charity :)