Local people are opposed to fracking in the area.
Fracking for rent;
Landlords across the country, residential and commercial are at risk financially at this time of year.
Communicating with your tenants, throughout a legally binding lease agreement is essential to a mutually beneficial business agreement.
Lease holders should be aware of their tenant’s financial status. If not the; “Fracking Process” begins, spending money on bad debt.
Once the legal process of evicting an unlawful tenant begins the only people smiling are the lawyers.
The age old adage of; “You can’t squeeze blood from a rock”, is pertinent here. If the defaulting tenants cannot afford to pay the rent they’re unlikely to employ a lawyer to defend their case.
Therein lies the question, to Frack or seek alternate solutions.
If you're unsure please contact a property professional.
Nic Campher
084 744 0144
Comments