There's a lot of work, effort, and unfortunately stress that can go into being a landlord. Finding suitable tenants, making repairs, making sure everyone pays their rent on time—it's not always an easy job. Even with a rigorous tenant screening procedure, the tenant-landlord relationship involves a lot of trust.

When you're letting someone come and make your property their home, you need to know they're going to treat it—and you—with courtesy and respect. But this isn't always how things end up. It's for these undesirable situations that landlord rescue is designed.

If you're in a sticky situation with a tenant and in need of assistance, then a landlord rescue program could help. Read on to find out what this is and how it may be beneficial to you.

What Is Landlord Rescue?

In fact, there are two types of landlord rescue programs available at the moment. Let's take a look at both. The first comes under the umbrella of government assistance for landlords.

If your tenants had trouble paying rent over the course of the COVID-19 pandemic, then there's a chance this had an effect on your ability to pay rent, also. If this was the case, then there are a few different government support programs—such as the rental assistance program—that may be available to you.

The other type of landlord rescue program is run on a private basis. This involves a property management company helping a landlord out with a problem tenant.

If you've got a tenant who isn't paying their rent on time or violating the terms of their lease but refuses to leave, you may be at a loss about what to do. This type of landlord rescue program aims to help either evict your problem tenant or encourage them to start paying rent once again.

Why It's Beneficial to You as a Landlord

A problem tenant can be a big thorn in your side. Especially when you've got other tenants to deal with at the same time. With the help of a landlord rescue program, you'll be able to regain control of your property once again.

In North Carolina, the legal eviction process can be lengthy. The service will handle the eviction as well as any clean-up necessary afterward. When you're a rental property owner, your time is important and anything that can save you time and effort is worth its weight in gold.

Besides this, these services tend to be very affordable. When you're able to recover unpaid rent (or at the very least recover control of a lucrative rental property) this usually far outweighs any costs involved.

Look Into Landlord Rescue Today

If you're at the end of your tether with problem tenants or losing money because of the COVID-19 pandemic, then there are options out there available to you. Look into the option of a landlord rescue program today.

If you want any kind of help or assistance in your work as a rental property owner, at Carolina Property Management we'd be more than happy to help. Get in touch now.