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Updated over 6 years ago on . Most recent reply

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16
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3
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Cory Peters
  • Rental Property Investor
  • Charlotte, NC
3
Votes |
16
Posts

tenant not paying rent

Cory Peters
  • Rental Property Investor
  • Charlotte, NC
Posted
I have an issue and need advice. I have a tenant who has been with me for 2 years and has been a great tenant. Today I received a text from my tenant stating, “she lost her job (contract ended) and that she won’t have Nov rent. Said she can be out by end out Oct.” This would be breaking the lease which ends May 2019. Do I collect keys end of October or work something out with her? How personal can I get asking about job prospects/interviews? I’d be more willing to work something out if I know there is a potential job lined up.

Most Popular Reply

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2,953
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4,475
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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
4,475
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2,953
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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
Replied

If she basically said she can't pay and it leaving, call it a blessing.

If you want to reach out and see if you can help through a temporary glitch, it can't hurt, just don't overextend your charity.

I say move on. It's just one tenant and they leaving you proactively, could be way worse. Find someone new and keep it moving.

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