Our philosophy is to run a “low profile” and low overhead office which allows us to charge a Flat-Rate Management Fee of as little as $95! Screening tenants is one of the keys to successful management, and we excel at it. We have had just about every trick in the book pulled on us in the past, so we seldom get fooled anymore! No one bats 1,000, and if we make an error we step up to the plate and take responsibility for it.
For our owners we always try to maximize their rental income and control their expenses.
“OK… for whatever reason, I have not paid my rent as agreed. So now what?”
The first thing that happens when you have continued to live in your home without paying your full rent is that a 3 DAY PAY OR VACATE notice is posted on your door (or handed to you in person). You should NEVER ignore this notice. It means just what it says… please PAY or please VACATE – you’ve got 3 DAYS. This is a very good time to call the landlord to discuss this serious problem that is beginning for you.
“That notice is just a piece of paper- I’ll pay when I can. What happens next?”
It is unfortunate that you have put yourself in a really tough situation by staying in a place that you are not really entitled to stay in because you haven’t paid your rent. Because you didn’t do anything about that 3 day pay or vacate notice you got a few days ago, your landlord now has no other method to get the property back than to hire an eviction processing company to serve you with an unlawful detainer action in which a judge may sign an order demanding your removal from the property.
“I don’t like the sound of that! How can I get out of an unlawful detainer action?”
Well it is very easy to get out of the unlawful detainer. You have 2 choices:
- Just get out.
- Call the landlord and offer to pay all past due rent and all fees to see if that will be accepted.
By doing one of these two things you will avoid the serious problem of having an eviction on your civil criminal history record. You didn’t get this legal action against you because you sang too loud in the church choir, you are in trouble because you didn’t pay your rent.
“I’m going to stay put and see what happens. By the way, what DOES happen?”
Your landlord cannot physically evict you himself but the local Sheriffs Department can and will. It can be very disturbing to have a deputy knock on your door and tell you that you have 3 minutes to get some clothes and get out, but that is exactly what can happen. Do you really want that? You should take this situation seriously because having an unlawful detainer against you can be a serious road block to you renting a home in the future. It will be on your record for many years and if there is a financial judgment awarded to the landlord it can accumulate thousands of dollars of interest during all those years. Is this what you want? The #1 way to deal with an unlawful detainer is to avoid being served one in the first place. Pay your rent on time and follow all the other terms of your rental contract to avoid being evicted.
ATTENTION PROPERTY OWNERS!
Did you know that we don’t wait for the renters’ checks to clear the bank before sending you your net proceeds? Most of you owners have a mortgage payment to make on your rental property and we want to get your net proceeds out to you ASAP so you won’t be late! That’s why we don’t wait for rent checks to clear before paying you. When it comes to getting paid, YOU COME FIRST.
“But what if a renter gives Red Roof a bad check and you have already sent me my money for the month… what then? Do I have to give it back?”
The answer is NO! We cover any bad checks with our own money, then go after the bad check writer. This actually happened twice in 2013, but the property owners never knew about it because they already had their money by the time the renter’s check was returned by the bank. So what did we do? We fairly but firmly pursued the bad check writers and offered them a choice… be prosecuted for writing a bad check OR sign a little contract with us and make monthly payments. We are pleased to say that we were successful in getting our money back from these two former renters. Getting your money even if the renter writes a bad check is our standard practice and simply part of what you get when you pay $95 for property management at Red Roof Rentals. What other management company will do that for you? So, property owners, remember this… with Red Roof Rentals, YOU WIN!
Whenever we have a non-paying renter that we may have to evict, unhappy owners always have questions:
“Why won’t they pay?”
“Have you tried getting tough with them?”
“Why did you approve these people in the first place?”
“You didn’t see this coming?”
The loss of a paying tenant is a big disappointment, especially to us at Red Roof Rentals. But more importantly it means the property owner loses money through unpaid rent and possible eviction legal fees.
Can a good property manager prevent renters in your property from “going bad”? To answer that, let’s assume that a tenant was wisely screened and carefully approved to rent. We have found the following to be some of the most common
reasons that problems paying rent arise for tenants in possession:
- Death in the family
- Drug use begun during tenancy
- Relationship problems / Divorce
- Sudden unemployment
- Holiday money mismanagement (esp. Christmas & July 4th)
- Health issues
Obviously, no one can foresee challenges like these that affect someone’s ability to pay their rent. They just happen and are beyond the control of the property manager. Regardless of many years of experience, no manager can eliminate all the risks of renting out your property. However, at Red Roof Rentals we work hard to minimize risks as much as possible for you, the property owner. And when renters “go bad”, Red Roof takes immediate action to either collect all rents due OR to quickly and legally remove the renter from the property. You have placed your valuable rental property into our hands and we take our stewardship of it seriously, doing all that we can to deal wisely with once good renters that have now gone bad.