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<div class='uabb-infobox-title-wrap'><h5 class="uabb-infobox-title-prefix">Bad Rental Tenants </h5><h3 class="uabb-infobox-title">That Don't Pay!</h3></div> </div> </div>
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<header><time class="updated" datetime="2016-12-24T05:00:00+00:00">September 19, 2019</time></p>
<p class="byline author vcard">By Five Star Home Ventures</p>
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<p><span style="font-size: 20px;"><span style="font-family: system-ui, '---apple-system', BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;"><br />
<em>Do you have tenants who just aren’t paying rent? It’s one of the most frustrating aspects of being a landlord. In this article, we’ll talk about how Bergen County NJ landlords are dealing with tenants who don’t pay rent…</em></span></span></p>
<p><span style="font-size: 20px;"><span style="font-family: system-ui, '---apple-system', BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;"><br />
If you have tenants who aren’t paying rent then you’re facing the same dilemma that many landlords go through at least once. It’s frustrating and unfortunately, your options are limited. <strong>Here’s how Bergen County NJ landlords are dealing with tenants who don’t pay rent.</strong></span></span></p>
<p><span style="font-size: 20px;"><span style="font-family: system-ui, '---apple-system', BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;"><br />
Of course, the best defense is a good offense – meaning that if you are careful about doing a background check on your tenants, and if you have a contract, then those things will help you.</span></span></p>
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You could avoid the situation and hope they pay. This is definitely not the best option but it is an option that many landlords take. You can just ignore it and hope they’ll pay on time next month and maybe even catch up. Frankly, it may not happen (it rarely does) but it could happen so we’re including it here as a possibility. When dealing with tenants who don’t pay rent, we don’t recommend this strategy because it opens the doors to the possibility that your tenant will take advantage of you.</span></span></p>
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You could negotiate with them because maybe they just need a different payment schedule. Not everyone can pay easily each month; some renters can pay better by the week because it’s a smaller payment. Or maybe you can get them to do some work around the property in exchange for a discount on the rent. If you choose to negotiate with your tenant, make sure you get an agreement from them that works for both of you, otherwise, you’ll just feel even more frustrated!</span></span></p>
<p><span style="font-size: 20px;"><span style="font-family: system-ui, '---apple-system', BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;"> </span></span></p>
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<a href="#" id="fl-accordion-5d8377e949df6-icon-2" class="fl-accordion-button-icon" tabindex="0" aria-controls="fl-accordion-5d8377e949df6-panel-2"><i class="fl-accordion-button-icon fl-accordion-button-icon-right fas fa-plus"><span class="sr-only">Expand</span></i></a>
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<div class="fl-accordion-content fl-clearfix" id="fl-accordion-5d8377e949df6-panel-2" aria-labelledby="fl-accordion-5d8377e949df6-tab-2" aria-hidden="true" role="tabpanel" aria-live="polite"><p><span style="font-size: 20px;"><span style="font-family: system-ui, '---apple-system', BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;">You can try to evict them, although be aware that this can be a complicated, time-consuming process that may involve some legal hassles too. Eviction is very difficult to do, especially since many laws favor the tenant over the landlord. It may be worth doing this in the long-run, though, if you can get a paying tenant into your rental property.<br />
</span></span></p>
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<div class="fl-accordion-button" id="fl-accordion-5d8377e949df6-tab-3" aria-selected="false" aria-controls="fl-accordion-5d8377e949df6-panel-3" aria-expanded="false" role="tab" tabindex="0">
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Using a property manager to take care of your rental will greatly limit your contact with tenants. Your property manager will be in charge of collecting rent, imposing fines, scheduling repairs, handling maintenance, and any other services you require. Your property manager should be skilled in conflict resolution as well as the laws surrounding the situation. Their methods of handling a difficult situation should be handled methodically and by the book. When hiring a property manager in the Bergen County NJ area, you can expect to pay about 10% of what the property is bringing in each month.</span></span></p>
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<a href="#" id="fl-accordion-5d8377e949df6-icon-4" class="fl-accordion-button-icon" tabindex="0" aria-controls="fl-accordion-5d8377e949df6-panel-4"><i class="fl-accordion-button-icon fl-accordion-button-icon-right fas fa-plus"><span class="sr-only">Expand</span></i></a>
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<div class="fl-accordion-content fl-clearfix" id="fl-accordion-5d8377e949df6-panel-4" aria-labelledby="fl-accordion-5d8377e949df6-tab-4" aria-hidden="true" role="tabpanel" aria-live="polite"><p><span style="font-size: 20px;"><span style="font-family: system-ui, '---apple-system', BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;">The first step is the most obvious, yet often overlooked. When handling a difficult situation with your tenant, it’s important you take a calm and collected approach to the situation. Don’t ever try to talk to your tenants about a problem when you are upset. No matter the situation, always retain your sense of professionalism and level-headedness. Nothing will get accomplished if tempers flare. Calmly bring up the problem with your tenant and let them know their actions are causing problems. Hopefully, once they see the other side, a solution can be reached.</span></span></p>
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<a href="#" id="fl-accordion-5d8377e949df6-label-5" class="fl-accordion-button-label" tabindex="0" aria-controls="fl-accordion-5d8377e949df6-panel-5">6. Sell</a>
<a href="#" id="fl-accordion-5d8377e949df6-icon-5" class="fl-accordion-button-icon" tabindex="0" aria-controls="fl-accordion-5d8377e949df6-panel-5"><i class="fl-accordion-button-icon fl-accordion-button-icon-right fas fa-plus"><span class="sr-only">Expand</span></i></a>
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<div class="fl-accordion-content fl-clearfix" id="fl-accordion-5d8377e949df6-panel-5" aria-labelledby="fl-accordion-5d8377e949df6-tab-5" aria-hidden="true" role="tabpanel" aria-live="polite"><p><span style="font-size: 20px;"><span style="font-family: system-ui, '---apple-system', BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;">Another option is to sell. If this is just one of many frustrations you’re facing with your rental property then it could be your best option! Just imagine selling the property and getting on with your life – and not having to deal with tenants their annoying troubles any longer. Many landlords love the new-found freedom they get when they sell.</span></span></p>
<p><span style="font-size: 20px;"><span style="font-family: system-ui, '---apple-system', BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;"><br />
At Five Star Home Ventures, we buy frustrating rental properties from landlords like you who are burned out, worn out, frustrated, and who just want to get their lives back.</span></span></p>
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<a href="#" id="fl-accordion-5d8377e949df6-label-6" class="fl-accordion-button-label" tabindex="0" aria-controls="fl-accordion-5d8377e949df6-panel-6">7. Know When To Cut Your Losses & Walk Away</a>
<a href="#" id="fl-accordion-5d8377e949df6-icon-6" class="fl-accordion-button-icon" tabindex="0" aria-controls="fl-accordion-5d8377e949df6-panel-6"><i class="fl-accordion-button-icon fl-accordion-button-icon-right fas fa-plus"><span class="sr-only">Expand</span></i></a>
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<div class="fl-accordion-content fl-clearfix" id="fl-accordion-5d8377e949df6-panel-6" aria-labelledby="fl-accordion-5d8377e949df6-tab-6" aria-hidden="true" role="tabpanel" aria-live="polite"><p><span style="font-size: 20px;"><span style="font-family: system-ui, '---apple-system', BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;">If you are dealing with a constant turnover of renters or a string of bad tenants, maybe the Bergen County NJ investment property isn’t the right one for you. A sign of a good investor is knowing when to cut their losses and walk away. If a property simply isn’t performing for you, is causing you stress, or is taking up too much of your time, it might be wise to consider putting your money into a different investment. There is no rule that states you need to hold to a property forever. Don’t settle, find what is right for you!</span></span></p>
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<h3><strong>Give us a call anytime at <a href="tel:12017932600">(201) 793-2600</a> or<br />
<a href="https://fivestarhomeventures.com/information-about-your-property/" rel="noopener">fill out the form on this website today! >></a></strong></h3>
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We’ll evaluate your house, make you a fair all-cash offer, and you can decide if selling your house to us is the best fit for you. We’re here for you, just reach out and let's chat.</span></span></p>
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<pre style="display: none">bad-rental-tenants-that-don-t-pay-rent-five-star-home-ventures</pre>
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