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Real estate
how can you handle a bad tenant?
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[QUOTE="Kendy, post: 216094, member: 63869"] Inasmuch as Real estate investment is lucrative and a goldmine, there are still a lot of challenges which can make one to run at a loss and this could be dealing with a bad tenant. In my Country, there are rules and guidelines, binding tenants and landowners and to a greater extent, these rules tend to favour the tenants and in some cases, this gives the tenants the leverage to misbehave especially those without guilt and conscience. This is also the more reason some landlords never get in contact with their tenants and till they live and pack out of the house, some tenants never get to know the real owner of the property because they only have access to physical contact with the Lawyer. This is now the new trend where landlords employ the services of legal authorities to act as a bridge between them and the tenants to avoid problems and unnecessary compromise and this is because, the law is the only common language which a lot of people understand. Tenants would be more cautious and prompt to pay their rents as at when due when dealing with lawyers then they would if they had direct contact with the landlord who has no legal backing. The best way to handle tenants either bad or good is to employ the services of a lawyer to be in charge and you pay him and have peace of mind. [/QUOTE]
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