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Updated almost 6 years ago,

User Stats

137
Posts
51
Votes
David K.
  • Investor
  • Attleboro, MA
51
Votes |
137
Posts

Tenants falling behind

David K.
  • Investor
  • Attleboro, MA
Posted

Do you ever let good tenants (keep units in good shape, get along with people etc) fall behind in rent without doing evictions when you have many units?  For instance the cost of a turnover usually is a few thousand, plus legal costs and potential heat payment over winter.  Good tenant changes jobs and falls behind a month and half.  Makes payments but you realize cost of turnover exceeds the 1500 or so you are owed?  You keep them in the unit.  Obviously you have to be selective in doing this and can't do it too often...

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