I'm relatively new to the game and have had a tenant in one of my IP's for a little over a year, and they are constantly behind in rent. This month they are 7 weeks behind.
I am always onto my PM for a please explain, and the tenants eventually pay up the missing rent, but it's never in advance. The PM has given them a couple of notices (back in March) and they have agreed to vacate.
The 12 month lease is up, so no new lease has been signed as they have agreed to vacate.
An suggestions as to what I should be doing would be great.
Cheers
I am always onto my PM for a please explain, and the tenants eventually pay up the missing rent, but it's never in advance. The PM has given them a couple of notices (back in March) and they have agreed to vacate.
The 12 month lease is up, so no new lease has been signed as they have agreed to vacate.
An suggestions as to what I should be doing would be great.
Cheers