I have just been informed by my property manager that the tennants in my IP will not be able to move out on the 5th of March when their lease is up because they can't find another place to stay.
They were informed in December last year that I would not be renewing their lease.
The lease was originally till the 5th of February and I gave them an extra month as they needed more time.
The property manager has told me that she would not give them a reference because even though the rent is paid on time, the house is always very messy.
When I purchased this property in October last year, the owner and property manager told me that everytime they tried to raise the rent, the tennants would call up with a sob story, so the owner would not bother. It didn't really bother him though as he didn't really maintain the property to a good standard.
This didn't seem to bother me until I informed the tennants that the lease would not be renewed. I received a call from them about how they would find it hard to find a place and that his partner was pregnant and due in early February. That is why I gave them an extra month.
The property manager has said that even if it goes to court, it would take about 2 weeks to get the tennants out.
The annoying thing is I have been organising days off from work to start renovations and organise new fencing etc..
Does anyone have any suggestions on what to do?
p.s. The reason why I wanted them out was because they are paying $175/wk but I know with just a quick paint and a tidy up of the yard it could easily get $200-$220/wk.
I guess i could raise the rent to $200/wk and see if they will pay it but I doubt it.
George
They were informed in December last year that I would not be renewing their lease.
The lease was originally till the 5th of February and I gave them an extra month as they needed more time.
The property manager has told me that she would not give them a reference because even though the rent is paid on time, the house is always very messy.
When I purchased this property in October last year, the owner and property manager told me that everytime they tried to raise the rent, the tennants would call up with a sob story, so the owner would not bother. It didn't really bother him though as he didn't really maintain the property to a good standard.
This didn't seem to bother me until I informed the tennants that the lease would not be renewed. I received a call from them about how they would find it hard to find a place and that his partner was pregnant and due in early February. That is why I gave them an extra month.
The property manager has said that even if it goes to court, it would take about 2 weeks to get the tennants out.
The annoying thing is I have been organising days off from work to start renovations and organise new fencing etc..
Does anyone have any suggestions on what to do?
p.s. The reason why I wanted them out was because they are paying $175/wk but I know with just a quick paint and a tidy up of the yard it could easily get $200-$220/wk.
I guess i could raise the rent to $200/wk and see if they will pay it but I doubt it.
George