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Bad PM, Bad PM, *waves finger* :p Sounds like a mutually beneficial relationship. Doesn't sound too bad IF you don't have to chase him. Would be ok if he's consistent, i.e. always consistently catches up without having to call and have a whinge that he should pay.

Sounds like alot of work, imagine if you had 12 properties and had to do this for all of them :( In the long run I find property managers (good ones that is) save alot of time and headaches. We do self-manage one property, but that ones got an excellent military tenant and it's only 10...

Lenders usually accept the lease as evidence.

Fair enough if he lost his job - but seriously, how can he put other bills like car stuff ahead of rent. You need a place to live first and foremost, the only bills that come before that are food and medical. Yet another reason to issue the notice - rent is not a low priority bill...

What happened exactly? Did he say he wasn't going to pay? If you need to evict, even more reason to issue notices without delay. Follow procedure to the letter, and if you're self-managing then read and re-read about the process from the RTA. If you have landlord insurance, also need to...

Are you self managing? Always give the notice to remedy immediately so they understand how serious it is, and don't think you are soft. If they have a reason for it they should discuss with you instead of just not paying. Usually that's all it should take.. Bond is not for recovery of rent -...