7 Hurdles To Tenant Evictions In Chicago
As a Landlord, I can find myself losing sleep at night when one of my tenants has gone “bad”. By going “bad”, I mean that they have stopped paying their rent, stopped communicating with me, and are no longer flexible to any type of a win/win scenario. A tenant can go bad for a number of reasons that can be either within or outside of our control. We have a multitude of experience dealing with “bad” tenants here in Chicago; these are tenants that we have inherited either from an occupied building we purchased or as property management we have taken over from another firm. By screening the tenant ourselves and controlling the process from the start, I believe that we are greatly reducing the risk of running into one of these problem tenants.
What happens when a tenant goes bad?
Unfortunately, once a tenant has gone “bad”, there is not an overnight fix to the problem. The financial and emotional pain that this can cause the Landlord can stretch out over many, many months. In Chicago, or Cook County, when a tenant stops paying, we try our best to avoid using the court system because there are many hurdles to overcome while trying to utilize the legal system here. When the offer for Cash For Keys or a move out negotiation tactic fails, we are left to file for eviction as a last case scenario.
Getting a tenant out through an eviction process in Chicago is possible, but it can be timely and there are many hurdles to overcome. Below are the seven hurdles to evicting a non-paying tenant here in Chicago or Cook County.
Eviction Obstacles
Real estate investors are business owners so there is going to be risk stemming from obstacles like this. Many landlords do not view themselves as business owners, especially when you may have a W2 income that is your primary income. The day you set out to buy a property you are a business owner, your property is your product, and your tenant is your client.
As mentioned in the start of this article a lot of this risk can be reduced when you have a strong tenant screening system and when you are not inheriting tenants in one way or another. If you do not have a good screening system feel free to reach out to me anytime and I can share with you our screening best practice and some of the tips and approaches we practice to limit your risk as a landlord when it comes to a tenant that is not able to pay.
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Originally published at https://www.gcrealtyinc.com.
