Landlords know they’ll have trouble finding new tenants if they lose the ones they have, industry observers say, so some of them are more willing to give struggling tenants a break.
“The economy has hit the apartment industry in a lot of different ways,” said Brad Cathers, past president of the Tennessee Apartment Association
via The Tennessean.
So how can you make sure that you don’t get stuck with a tenant you’re eventually going to have to evict? How can you find the perfect tenant? Well, here’s how I do it. Recently, I had a tenant move out of one of my properties. And while most people freak out and quickly call the newspaper to begin running classified ads, I do something else.
Since you have an obligation to pay your rent when it is due, a telephone call from the landlord asking that you pay the rent is not considered harassment. In fact, contacting the tenant to determine why he has not paid the rent is a good business practice.
I paid my half of the rent this month, but my landlord still wants to evict me. Can he do that?
New York State’s courts are closing the year with 4.7 million cases — the highest tally ever — and new statistics suggest that courtrooms are now seeing the delayed result of the country’s economic collapse.
via NYTimes.com.
if you’re going to be a successful realtor in this market, you gotta be able to deal with the hustlers, slimeballs, and grifters that abound.
Here’s another – a tenant who paid 1.5 months rent, has stayed for six, filed a burglary report against the homeowner/landlord and then got a restraining order against him to ice his free-rent program.
via bubbleinfo.com
Citigroup Inc. will suspend foreclosures and evictions for 30 days in a temporary break for about 4,000 borrowers during the holiday season.
via Tulsa World
A day after she told a judge that her live-in boyfriend had brandished a gun and promised to end both of their lives, the managers of her Elmhurst apartment complex served her with eviction papers for violating the terms of the lease, citing the criminal activity she had reported to police.
via chicagotribune.com.
