podcast

How to handle problematic tenants

By Staff Reporter
Lisa Indge
0

Lisa Indge, Managing director, Let's Rent

 {{youtube id="kdvZ4gkI2u4"}}

If you have a problematic tenant, this one is really easy for me, you should get rid of them. It's not- You should not keep a tenant that is difficult or causing you problems. Having an investment is not about creating difficulties in your life and I feel really strongly about this. If your tenant is behind in rent, don't just say 'Well it's only a few days here or there', take action and let them know that it's not acceptable behaviour. Equally if the tenant is not looking after the property make sure that you make it clear that that is also not acceptable even if you need to take them to tribunal to set that up. If you do need to evict the tenant, the preparation at tribunal will be really important.

Listen to other instalments of The Smart Property Investment Show:
Episode 70: SPI special episode: buyer’s agent answers more listener questions
Episode 69: Are you a ‘lazy’ investor? Consider the benefits to working with a financial team
Episode 68: Special episode: audience discussion live from the Property Buyer Expo
Episode 67: Don’t get ‘caught up in the now’: an expert reveals his tips for success
Episode 66: Wealth distribution: how should you manage your money?
Episode 65: Real estate agents: what separates the good from the bad?
Episode 64: How this investor learned from a property blunder
Episode 63: Q&A session: the SPI team answers your questions
Episode 62: Property procrastination: the importance of finding help
Episode 61: The ins and outs of strata: what buyers should consider
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
FAIRLIGHT 46.02%
2.
CASUARINA 44.36%
3.
THE ENTRANCE NORTH 41.09%
4.
ULTIMO 40.67%
5.
LAVENDER BAY 40.2%