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Updated about 6 years ago on . Most recent reply

User Stats

86
Posts
17
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Jordan L.
  • Investor
  • USA
17
Votes |
86
Posts

Do you track your evictions?

Jordan L.
  • Investor
  • USA
Posted

I'm in the midst of my first eviction. It got me wondering what to expect in the future. Does anyone track the % of tenants in eviction status at any given time? Also, what type and class are your properties? I own 6 SFR rentals in B and B+ areas, all under PM. This puts me currently evicting 16.6% of my tenants.

Most Popular Reply

User Stats

239
Posts
148
Votes
Connie Chan
  • Investor
148
Votes |
239
Posts
Connie Chan
  • Investor
Replied
@Jordan Little sorry to hear. What was the reason for the eviction? I think it’s a terrific idea to track them. I track how many months has the tenant been late on rent (well the app I use for rent collection does it for me) and this way end of year I have a sense of if I should renew with this tenant or not. If they’re late the vast majority of time (and they know it’s visible in the app), they’re less annoyed at rent increases and also less likely to try and negotiate existing lease terms. In general I think it’s great to track data.

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