TPP157 How to handle a nightmare tenant. http://thepropertyhub.net/tpp157-how-to-ghtmare-tenant/
Last week we talked about how to manage a property yourself, and the week before that we covered how to let a property yourself.
If you do all of that properly, most of the time you should find that your properties run smoothly. But every so often, however careful you are, you’ll experience a phenomenon that makes any landlord’s blood run cold…the nightmare tenant!
We run through how to deal with this unfortunate situation, including:
Avoid letting to them in the first place!
Get Rent Guarantee Insurance
Set up processes that boost your chance of success
Keep it professional
Know when to say enough is enough
Understand your legal options
Get professional help (we mentioned the NLA and RLA)
Learn and move on!
It’s an episode that hopefully you’ll never need to use, but it’s worth being prepared for when the worst doesn’t happen.
Tags: TPP157 How to handle a nightmare tenant