Buying a rental property is an excellent investment. There are some people who buy the property and rent out all of the units. There are other people who buy the property and live in one of the units at no cost as the rent from the other units will cover the mortgage. While rental properties can be a great investment, they can be a hassle from time to time.
It can be hard to find good tenants. When a landlord has a poor tenant living in the building, it can be costly and frustrating. The best thing to do in that situation is to hire a rental agreement attorney in Martinsburg, WV. There are a few ways that a lawyer can help as soon as the owner closes on their property.
Assistance Drawing Up the Lease
Building owners can go online and find rental agreement templates. Unfortunately, it can be hard for a landlord to find a template with every stipulation that they want to be added to the lease. If they hire a lawyer to help them to draw up the lease, they can have everything included that they want and they can be sure that they aren’t breaking any tenant laws.
Evicting the Tenant
If a tenant does not pay their rent or if they are violating the terms of the rental agreement, the landlord has a right to evict them. There are many landlords who don’t know how to start the eviction process or they just don’t have the time. A lawyer would be able to begin the eviction process, allowing the landlord to get rid of a poor tenant.
Fighting/Ignoring the Eviction
If the landlord files the eviction papers and the tenant decides to fight the eviction, it is best that the landlord has a lawyer on their side fighting for the rights. If the tenant loses in court and they refuse to leave, the landlord would need permission from the court to send an officer or a sheriff to remove the tenant. The best way to get through this process quickly and easily is to hire a lawyer.
If a person buys a rental property and they want to make things as easy on themselves as possible, they should hire a rental agreement attorney in Martinsburg, WV. It is the best way to avoid some of the hassles of being a landlord. For more information, visit lshermanlawfirm.com.
