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Updated almost 3 years ago, 12/22/2021
Tenant with no security deposit! What should I do.
Hello biggerpockets members, I just closed on my first rental property. I will be house hacking this property so one of the tenants has to go. The tenant that has to go has been in this property for 15+ years. Unfortunate this tenant has never been changed a security deposit by the previous landlord. I now have to give this tenant a 30 day notice of non-renewal.The unfortunate part is this tenant had to move out all their belongings by January 31st in Nebraska, which if you didn't know we get lots of snow at this time. I wouldn’t like to do this but I have to since this is an owner occupied property. My question is should I give some kind of Incentive to have this unit cleaned out by the 31st of January?