Owners always call me and ask, should I wait for my tenants to pay rent? I will let them catch up!! This philosophy is the worst thing to do. By letting tenants pay late and continue to try and make up rent payment, you are the bad parent.
Parents who let there kids stay in the house till they are 30 years old, are the enablers. You have to take the same approach with tenants, if they don't pay give them a 3 day notice and start the eviction process. Don't hesitate even in a bad market. You need to teach your tenants, not have them teach you.
Sidney Poritz
sporitz@homepointe.com
HomePointe
916-429-1205 ext. 800
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