Failure to pay rental within 10 Days

4 Replies

Just recently bought a rental property on land contract and have people renting they have said they will pay the rent but keep getting excuses . They are currently nine days late. They seem nice but the red flag is going up. What are my options. There old lease expires in November . The old lease agreement says 10 days need some input
Originally posted by @Charles Hetrick :
Just recently bought a rental property on land contract and have people renting they have said they will pay the rent but keep getting excuses . They are currently nine days late. They seem nice but the red flag is going up. What are my options. There old lease expires in November . The old lease agreement says 10 days need some input

First read their lease agreement and follow all details in the lease. Send them a letter in writing what your concerns are. In most areas you have to document they're late paying and give them a chance to correct before you evict. Contact an eviction attorney to make sure you aren't violating any laws.

If the current lease says they don't have to pay until the 10th, abide by it. 

If that doesn't work for you, let the tenants know you will sign a new lease with them in November and require them to pay on or before the 1st. If they can't accept that, they are welcome to move and you can find another tenant.