Should you evict your tenant or pay them to move out

Gary: I got a renter that's month-to-month and he's going to give me a hard time to get rid of him. I have him for years. I'm just wondering what do you think it might cost normally to get him out or should I just offer a certain amount of money for him to leave. I like your [unintelligible 00:00:17] that.

Attorney Tom Olsen: Gary, it might cost you $3,500 on attorney's fees and court costs to evict him. On that basis, Gary, if you paid him $1,000, $2,000 to move out and you don't give him that money until he has moved out, that would be quicker and less expensive for you, Gary. The idea of you paying a tenant to move out is a pretty good one.