Your tenant has missed their payment - again. Are you an unlucky landlord, attracting terrible tenants? Or are you dealing with an honest tenant going through a bit of misfortune?
Being a landlord and having to untangle these sorts of questions is tough. It's even tougher dealing with a property when the monthly income has stopped abruptly.
In this guide, we'll walk you through the steps to take when dealing with rent collection problems in Merced.
The Rent Rules in Merced
If you are a landlord in Merced, you'll need to follow California's state rules on rent. If you haven't done so, read the latest guidelines. It includes providing written notice to tenants when you propose rent increases.
You'll also find rules governing how you issue eviction notices. Always follow the latest legal guidelines if a rent issue goes to court.
Talking to Tenants Who Can't Pay
Communication is the key to a professional and long-lasting relationship with your tenants. It should be your first step when dealing with late rent.
Start by listening to what they have to say. There may be a quick and reasonable explanation. Open dialogue can often reveal a temporary hardship like an unexpected job loss.
This conversation can help you put a payment agreement that benefits both of you. Remember that it's more cost-effective to find solutions that pursue an eviction.
Payment Plans
You can solve many payment issues by agreeing to a payment plan with the tenant.
This typically involves accepting smaller, more frequent rent payments until they catch up. Or it could involve a temporary moratorium on some of the rent debt. If you agree to a payment plan, put it in writing and get the tenant to sign it.
Steps to Take for Eviction
Eviction is a multi-step process. First, you must issue a formal 3-day Notice to Pay Rent or Quit. That gives the tenant three days to pay before you can file an Unlawful Detainer lawsuit.
Once you do that, the court can summon your tenant. If you win that case, eviction responsibility falls under the sheriff's responsibility.
When to Get Legal or Professional Help
Some payment issues can turn complex, particularly if you go down the eviction route. It's always best to get professional help.
A property management company like ours can manage these problems on your behalf. We have the expertise and experience to address a range of complex rent collections and evictions.
How to Avoid Future Payment Problems
Thorough tenant screening is the key to avoiding payment issues. Check for a reliable income source, a positive rental history, and a good credit score. Consider rent guarantee insurance too.
Support from property management services can help you check and manage tenants too.
Handling Rent Collection With Ease
Don't let problems with rent collection snowball into major issues between you and your tenant. Many issues can be swiftly resolved by being proactive and keeping dialogue open with your tenant.
Another option to make your responsibilities run more smoothly is to hire a property management service in Merced to handle rent collection on your behalf. Contact us today to see how our professional team can help you.
