EP: 2197
What to Do When Your Tenant Stops Paying (Step-by-Step Guide) ⎥ Ep.2197
When a tenant stops paying rent, it can feel like a nightmare.
In this episode, Ed and Andrew walk you through exactly what to do (and when) so you can protect your cash flow and your property.
They share real stories from landlords about tenants who vanished without notice or only paid when repeatedly chased.
You’ll learn:
-The 3-step process to follow when a tenant misses rent
-The 3 tactics every landlord should use to safeguard their mortgage payments
-How landlord insurance can cover you when things really go wrong
If you want a clear, step-by-step process to follow, this episode is for you – and it starts the very first day a payment is missed.
In this episode we mention the Landlord Lifeline podcast we did, listen to that for more in depth information on how to cover yourself for these sorts of situations.
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