What to Do When a Tenant Misses Rent Payments
More than 14% of renters in America are still behind on rent payments. As a landlord, it's stressful when your tenant fails to pay rent. While you may be tempted to start the eviction process, it's illegal to kick your tenant out or turn off utilities.
Whether you have a tenant with a long history of missing rent payments or one who has a past-due payment for the first time, it's best to be professional when handling the situation. Below are things you can do when your tenant misses rent payments.
Check Your Payment Records and Lease Documents
Double-check your records to ensure the tenant is truly missed rent payments. As a landlord, you can keep better records if you have online rental applications and you collect rent online. You can easily catch and fix errors concerning rent paym...