All Forum Posts by: Chad Wallace

Thanks guys. I guess I feel that if I post a pay or quit notice I need to be committed to evicting if that's what it comes to. If the tenant still doesn't pay (and calls my bluff), I have no choice then but to evict. The consequence of not following through is clear to everyone on this forum.

Thanks everyone. Many valid points. I wouldn't call the decision to evict micro management. With the cost of eviction, vacancy, and turn around, I could very well suffer negative cash-flow for the year. The PM, on the other hand, earns a commission on placing a new tenant. I lose money, the PM makes money. Not that the PM would be so devious, but our divergent incentives can't be ignored.

I do understand the dangerous rabbit-hole in letting the tenant get away with not paying. Tricky decision. Hopefully, the tenant will pay and that will be that. If not, I will probably try to manage the rental myself.

I recently changed property management companies and they want to move forward with evicting a tenant who has not made their sewer and trash payments. The tenant owes $180 for these missed payments but the cost of evicting and finding a new tenant would exceed that by a long shot. Moreover, the tenant pays above market rent. Although, I shouldn't allow the tenant to break the rental agreement, it just doesn't make financial sense to evict this person over $180.

I have asked that, instead of posting a pay or quit notice, the pm inform the tenant that when the lease is up I intend to raise her rent by at least the amount of her sewer and trash payment.

How would you handle this? Can the pm evict without my consent?

The property management agreement I signed "grants the pm the sole right to institute legal and collection actions on behalf and at owners expense, to perform evictions, recover possession of the premises, and to settle and release such actions." Do you interpret this wording to mean that the pm can compel me to evict even if I really don't want to?