So 7 weeks ago i rented my Unit out to a young couple (Expecting a baby) via and agent.
They basically paid a bond and paid up front, they have no paid their rent for this month and are 10 days late.
My dad is my maintenance man for my properties and on Sunday they saw him at the shopping center and went up to him and ask if he could fix the heat remote. My dad responded that he would fix the remote but expressed my concerns about them being (a week late) on their repayments.
My dad is well aware there is nothing we can do for 14-days but since they came up to him he was like i might as well mention it. The tenant responded that she had paid and to 'let your son know im sorry we were late' - i was like all good if they paid on the weekend i would get my payment on Monday or Tuesday.
I just got off the phone with the agent she said not only haven't they paid they also haven't responded to the 5 msg they have left them and no answered any to any calls (so im like FML).
What do i do???
The agent explained at 14-days an eviction notice is sent and if they dont vacate they need to go to VCAT etc etc.
I have got landlord insurance but i only purchased it last week because i needed to get it post EOFY so technically the rent was 2 days late when i got it but i wasn't even aware they were late (doubt that will matter to insurance so dont expect much)
Anyone got any experience in dealing with bad tenants?
On a side note the law is shit I always read about how 'tenants have it bad' because the law favors landlord that is absolute bullshit, if someone doesnt pay there rent why do i need to go to VCAT to evict them? the law is ridiculous and if anything is anti-landlords, anyone else feel the same way?
(Just a side note I'm not some rich property guru i brought this property with the aim to build equity so that one day i could by my own home im 27 and couldnt ever afford (Middle income earner) to buy in Melbourne without taking babe steps to my goals)
———————Updated 13/7/17———————————
So with Friday being the last days of there 14-day grace period my Agent had paid them a visit and apparently 'they were going to pay it today.' The agent managed to get the months rent minus $100 they were short which they are meant to bring today. The tenant has asked to go on a week-to-week basis opposed to month-to-month (which i prefer anyway).
So hopefully things start to work out apparently she hadn't called the agent back because she was 'ashamed' I think her husband might of spend all the rent $$
Hopefully if they pay week-to-week it keeps them on top of things from here on in (im not holding my breath).
I post any updates as things unfold.
Talk with your agent, that is what you pay them for.