Parting Ways With Tenants
You may have chosen to become a landlord intentionally or unique circumstances may have led you to become one; however, the type of tenant living in your home can be a dream come true or a nightmare. For those who have great tenants, a day may still come when you feel you no longer want to be a landlord. For those with bad tenants, you have probably already grown weary of dealing with them. You may even find yourself thinking “Should I just sell my house for cash in Clarksville, TN?”
If you’re ready to part ways with your tenants, this article covers how to do so gracefully and how to decide if you should find new tenants or sell your property.
Communicate the Right Way
Communication can be tough when you’re dealing with unreasonable tenants. However, it’s important to maintain professionalism when notifying them of your intentions. When initially breaking the news, show you care by communicating with them in person or by phone—not email.
Timing is Everything
Regardless of your relationship with your tenants, if they aren’t ready to move, this may be bad news for them. You never know what could be going on in their personal lives so it’s best to consider timing and give them plenty of notice so they can get their affairs in order and find a new place.
Find New Tenants or Sell Your Property?
If you’re fed up with your tenants but not ready to sell the property, you can give your tenants notice to move, follow the advice above, and start the process of searching for new tenants with a more stringent tenant screening process. Hopefully, you’ve learned what you like and don’t like in a tenant as well as taken steps to ensure that you are the best landlord you can be.
On the other hand, if you no longer want to rent out your property and are thinking “I need to sell my house fast Clarksville, TN,” you can either put your house on the market or work with Gateway House Buyers to get your home sold fast and for cash. Selling to a reputable real estate investor may be the best solution especially if your tenants are unreasonable. This way, you can sell your home in as little as 7 days, washing your hands of the situation a lot faster. If you choose to sell your home, be fair and polite. Always notify your tenants as far in advance as possible of anything that could affect them. For instance, if potential buyers need to view the property, prepare your tenants in advance so they aren’t caught off guard. Be flexible and schedule showings when it’s convenient for your tenants. Dealing gracefully with your tenants can mean the difference between them cooperating with the sale or sabotaging it.