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Updated 7 months ago on . Most recent reply

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Donna Brake
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5
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MN Renters who are consistently behind on rent

Donna Brake
Posted

Hello, all. New to the rental property/landlord business here. We have a couple renting a house in Minnesota who is consistently behind on paying rent but they end up paying the full rent within the month, staying just out of reach of agreement termination. MN law also allows tenants the right to “pay and stay” if we begin the formal eviction process. Any advice or experience in this situation? 

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Tim Swierczek
  • Lender
  • Saint Paul, MN
1,618
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1,519
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Tim Swierczek
  • Lender
  • Saint Paul, MN
Replied

Lot's of good feedback here. I hate late paying tenants but I have found that in two situations I had tenants that paid late but always paid the late fee without complaint. Ultimately, that type of tenant is telling you they will gladly pay more if they can pay a little late. Those tenants worked out fine. The ones who don't pay or need eviction notices to scare them to pay are different in my opinion and you should look to get them out as quickly as possible

  • Tim Swierczek
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The Tim Swierczek Team - Gold Star Mortgage

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