It can be emotionally wearing when you have a tenant that has become far less stellar than the referrals you reviewed and the information provided on their application that led you to accept them in your property.
When facing such a difficult situation, it’s constructive to have a guide providing you with options and steps you can take to relieve the stress for everyone. So read on as we explore five ways to handle bad tenants in Oklahoma City.
If your first choice of action is eviction to handle bad tenants in Oklahoma City, you need to take a moment to consider that they indeed must have done something very wrong before proceeding. While it may sound easier to evict a tenant with a personality that doesn’t sit well with you than dealing with them month after month, this is a long stretch from being the type of tenant who needs such legal action. Have they failed to pay the rent without any legitimate cause or engaged in illegal or unruly behavior on the property?
Oklahoma City is full of great tenants. As an owner or property manager, you have the privilege to help people who are looking for a place to grow roots and call their own. However, no matter how many times you tell yourself that it’s not personal, sometimes people push your buttons in ways you least expect; even if they’re good tenants 90 percent of the time. Nobody likes feeling like someone doesn’t appreciate them or take advantage of them. It makes us feel like we aren’t good enough, that we’re disposable, not worth keeping around.
While breaking the rules now and again may serve you, you cannot allow tenants to believe that you’ve become slack or that there are no rules about making late payments. Bad tenants in Oklahoma City tend to take a mile when you only intended to give an inch. As a result, they may become habitually late payers. While there are emergency cases where you can afford to be understanding when someone cannot pay rent, your tenants’ just not having rent isn’t a valid excuse and, if it happens enough, can cause havoc with your finances.
When handling bad tenants in Oklahoma City, you should document every interaction in writing, video, or photographic evidence. Also, keep any security tapes that may apply to the situation. Finally, keep any estimates or receipts for the work if repairs are required.
Hire Professional Property Managers
When you hire professional property managers, you no longer have to try to collect rent and handle bad tenants in Oklahoma City yourself. Typically, when you work with property managers, their finely honed interview skills and screening process, along with their vast network of professionals in the industry, help prevent bad tenants from ever entering your property. In addition, professional property managers like those at Integrity Home Buyers have teams on-call that can quickly handle every aspect of rental properties, from repairs to maintenance, single-family homes to large complexes, and everything in between.
Why not work with the experienced pros at Integrity Home Buyers and let them handle your bad tenants in Oklahoma City and help you avoid them moving forward. You can truly begin to enjoy your passive income when you have trusted property managers like those at Integrity Home Buyers watching over your investments. At Integrity Home Buyers, our pros are on top of the market and upcoming changes, keeping you apprised to help your portfolio stay solid and healthy. Are you ready to live out your golden years and finally enjoy the financial freedom you created with your investments? Why not reach out to the trusted team at Integrity Home Buyers and leave the property management to us. Contact Integrity Home Buyers at (405) 367-6048.