Are you a landlord with problem tenants? You’re not alone. Many landlords find out the hard way that they have frustrating tenants in one of their rental properties. In this article, we’re sharing 4 ways how to deal with problem tenants in Toronto and in the Greater Toronto Area.
If you own a rental property, sooner or later you’re going to deal with a frustrating tenant in one of your properties. Maybe they trashed the property, maybe they never pay rent on time, maybe there are too many people living there, maybe they just call you for every little thing. No matter what the situation, tenants like that will eventually rent your property. Here are 4 ways to deal with a frustrating tenant in Toronto when it happens it to you.
Try to convince or negotiate with your tenants
You can try to reason with your tenants and explain that you provide a service so they need to pay and treat the house properly. Perhaps your tenants don’t realize they are inconveniencing you or maybe they’re not paying because they need a different payment schedule (such as weekly instead of monthly).
Evict your tenants
Evicting tenants can be tricky and even legally complicated but it’s an option for you. Laws often favor tenants over landlords so you might have an uphill battle but in the long run it could be worth the effort to get them out of your property and instead get someone into your property who is a better tenant.
Explore other legal options
In some situations, you may be able to explore other legal options, from suing your tenants to getting their wages garnished. It all depends on the situation and the laws governing that situation. Of course, you may need to work with a high priced paralegal to do this but sometimes it’s worth the expense just to get a problem tenant out of your rental property.
Sell your property
If your tenants are a real hassle and causing you a lot of stress and expense, then you can always sell your property. In fact, a lot of rental property owners that sell to us do so because of the frustrations they face dealing with tenants. Depending on who you sell to, you may not even need to evict your tenant first (for example, in many cases, we just buy and evict for you). For rental property owners with family living in the rental, this is an ideal solution.