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Updated over 6 years ago,

User Stats

477
Posts
387
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Scott Jensen
Pro Member
  • Financial Advisor
  • Blaine, MN
387
Votes |
477
Posts

So, my tenant just died...

Scott Jensen
Pro Member
  • Financial Advisor
  • Blaine, MN
Posted

I successfully completed my first tenant turnover!

I finish explaining the terms of the lease with the wife (which they had previously signed) and she says to me, "Oh, by the way, my husband is in hospice." I politely give my condolences and we finish up the walk-through.

Later that evening I am thinking to myself... His Disability Income, pension, and Social Security probably make up 60% of their combined income...and if he dies I'm not sure she can even afford to pay the rent!

Two days later I stop by to fix the mailbox and everything seems fine.

The next day I see them both at a home improvement store and we chat briefly and go about our business.  Later that night I receive a notification...which is her telling me that he has passed away! Only 4 days after moving into the house!  I sure hope she can pay the rent, I'd hate to have to evict a recent widow...  So far she seems like a good tenant and she said she'll be returning to work full-time.

So, my first tenant turnover DID NOT go as I had expected.

  • Scott Jensen
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