Tenant lost job on application, concern?

Question

Tenant has been in my rental since Nov 2018. I did a complete background check on him before he moved in, called his employer, spoke to HR dept to verify pay and got proof form his pay stub. I just called his work to dbl check if he still works there and they tell me " he no longer works here". That's all they would tell me.  Should I be concerned that he doesn't work there anymore? He has been paying his rent on time since Nov. Should I ask him where he is currently employed or just let it go since he has been paying?

Anthony Wick · Answer

@Bob Romano

Wait. He’s lived there for 3-4 months, and you called his employer back to see if he still works there? What am I missing here? Why did you do that? And, if all that is true, and he’s under a lease, nothing you can do but hope he keeps paying rent.

Wane Zaza · Answer

@Bob Romano

Sounds a little instrusive.

Brian Ellis · Answer

Seems like an unnecessary thing to do.. my father once told me when I was younger.. "you don't always need to know everything". Good words to live by, he was right. Some things are just out of our control, at this point its useless information to you. The only time to worry would be when rent isn't paid.

I would never intrude on my tenants business like that anyway.

Amy Beth · Answer

@Bob Romano. To me that is intrusive and creepy to call someone’s employer after they move in.  Also you can’t evict someone for changing jobs or being unemployed so I do not see the point in even calling an employer after the applicant is accepted as your tenant.

As long as the tenant pays his or her rent there is nothing to do but to keep collecting the rent.  If they are late or do not pay, then you can file for eviction and go through that process. Or work out a deal with the tenant where they move out ASAP to save you the court process and find a new tenant to replace them ASAP.  Right now you just have a tenant whom lost their job but Is paying the rent so I would do nothing and stop calling employers.

Chris Szepessy · Answer

I have to agree with everyone else. No need to worry where he works as long as the rent is paid. Unless he's "self-employed" as a drug dealer and using your house as his office. Banks don't call to verify employment every 6 months. They just care if they're being paid each month.

It's also possible that he quit to take a better/higher paying job somewhere else.

Nathan Gesner · Answer

@Bob Romano there's no need to baby-sit your tenants. Does your mortgage company call your employer every six months? I don't think so. Once they are approved, they are approved and you should measure them on actual behavior, not your fears and worries.

You're fretting because he's not with that employer but he's still paying his rent. For all you know, he has a better job and is even more stable. Maybe he inherited a lot of money or won the lottery and doesn't need to work.

Stop worrying about what might be and live in reality. Your life will be much simpler and happier and healthier.

Michael Noto · Answer

@Bob Romano Very out of the norm to call a tenants employer as others have said. You have a lease with the tenant to pay you rent. I recommend staying in that lane and if he is ever late with his rent proceed like you would with any other tenant. Notice to quit, eviction proceedings, etc.

Johnny Pineyro · Answer

Let's hope tenant is not calling your debt service provider every 6 months to confirm the note is not in default.  Irrelevant.

Thomas S. · Answer

There is nothing for you to do until his rent is late. Any month you do not receive a tenants rent by midnight the day it is due you file the pay or quit notice the next day.

Due on the 1st, file on the 2nd.

James Wise · Answer

Doesn't matter dude. There is nothing you can do about it. He's already in your unit. The time for that stuff is BEFORE you move them in so you can mitigate the risk of running into a situation where your tenants can't or don't pay the rent. At this point he is in there. He's either going to pay rent or he's not. If he doesn't you've got to evict him. What is the purpose of you checking in on his current employ? If he's got a problem paying the rent you'll be the 1st one to know.

Tenant lost job on application, concern?

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