How to Report Bad Tenants
The thing that you will have to learn is that there is a set way of doing things, and if you want to report bad tenants, you will have to stick with a procedure defined legally. Firstly, you will have to make sure you let the tenant know that you will note down every instance of their bad behavior and you will be recording all that they do. It means your tenant must be clear about the fact that you are noticing their bad behavior and that there will be ramifications and consequences because of their behavior. Secondly, if the tenants need to pay any outstanding rent, make sure you report it. Tell them that if they will not pay up then you will go ahead and report this fact to the credit bureaus thus making their credit history and score worthless. This is damaging as no tenant wants to have a bad credit history; it could prevent them from getting a rental space for the next five years. If they do not pay up then carry on with the reporting procedure.
You can then contact a debt collection company. There is an organization called The Association of Credit and Collection Professionals, which can direct you to a debt collection company that works in your area. Next, either you can hire the collection agency to collect the debt owed on your behalf or you can sell them the debt owed. If the tenants still do not pay up the debt owed, the collection agency can report them to the credit bureaus on your behalf.
The last thing that you can do is report these tenants to any website that lists all the bad tenants and so when theses tenants try to rent any other space, their history will show up and the new landlord will be notified of their past record. It is as if you are blacklisting them for the rest of the period that they try to make to someone else’s life miserable. Bad tenants do not have to be accepted. Neither should the landlords who have bad tenants have to live day in day out with the thought in mind that their tenants have the upper hand. The law works to empower both the landlord and tenant but when either one abuses the privileges given to them by the law, the law itself has ways to set things right. Make sure you get a crack on your deadbeat tenants and get them reported. You no longer have to fear that bad tenants will be occupying your rental space because now, you can report them, have action taken against them and have them booted out indefinitely.
Many times, there are issues between a landlord and a tenant that need to be resolved but are failed to do so, because both parties have gone too far with their actions, and have retaliated in the... More
Where there is a landlord, there will also be a tenant, and it is no surprise that these two parties can only work together once there is some sort of agreement, contract or a binding deal in place.... More
Many landlords find it difficult to write and draft a lease agreement. Since every State has its own general template, it can also be difficult to make sure your lease agreement meets all the criteria... More
If you’re a landlord and want to manage your business in a better way, you should endeavor to get in touch with those industry experts who have the experience and the skills to help you do it. This is... More
When you talk about the most common disputes arising between landlords and tenants, nonpayment of rent has to be there in the list. People rent their properties to earn money, and when a tenant... More
If you have ever rented a living space and have had to move many times, you’d already know how difficult it is to find decent, affordable and secure living premises. A person has to deal with the same... More
Landlords across the state have the prime responsibility to make sure they inspect and up keep their property once they have rented it to the tenants. Inspections can occur monthly or yearly depending... More
Everyone knows that a landlord’s job is not easy. These folks have specific duties and responsibilities that they must perform in order to be fair. Being a landlord is not a position but it is, in... More
Asking for a security deposit is quite common in property dealings. The reason to ask for a security deposit is to have something that would help a property owner recover some of their financial... More