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Professionally managed properties respond to this by issuing a “pay or quit” notice immediately when you miss a payment, then begin eviction proceedings as soon
by seanp2k2 9y ago
Professionally managed properties respond to this by issuing a “pay or quit” notice immediately when you miss a payment, then begin eviction proceedings as soon as they can. Sometimes it can take a few months, but they’ll have the cops come and escort you away if they have to. At my apartment complex, like clockwork, you’ll see folded-over papers taped to doors the first week of every month. Home owners renting a room or two might be more forgiving, but every property management place I’ve heard of doesn’t care about your life situation or whatever. You might get super lucky and get a manager willing to give you a few extra weeks to make rent, but typically they start trying to evict you as soon as they can to cover themselves.
- refurb 9y agoI think understanding the law is key here, so you can reduce your risk as an owner. If it takes 2 months to evict someone, then your deposit should be 2 months and you start the process the day after rent was due.