Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

31
Posts
18
Votes
Stacy Rozansky
  • Realtor
  • Denver, CO
18
Votes |
31
Posts

Starting a new lease in a time when evictions are not allowed

Stacy Rozansky
  • Realtor
  • Denver, CO
Posted

I am converting what was going to be an AirBNB property to a mid or long tern rental. What are ways to protect myself from the possibility that people may be looking to get into a place that for the foreseeable future they cannot be kicked out of? Anyone else nervous about this right now or in a similar situation?

Thanks!

  • Stacy Rozansky
  • Most Popular Reply

    User Stats

    3,927
    Posts
    5,644
    Votes
    Greg Scott
    #3 General Real Estate Investing Contributor
    • Rental Property Investor
    • SE Michigan
    5,644
    Votes |
    3,927
    Posts
    Greg Scott
    #3 General Real Estate Investing Contributor
    • Rental Property Investor
    • SE Michigan
    Replied

    Not nervous.  Screen like you always would (or always should).   Be patient.  A good tenant will not need to move in a hurry and will expect you need a few days to screen. 

    Get appropriate security deposits.   If you get 1 month rent plus 1.5 months security deposit, even if your new tenant loses their job immediately, you should be OK.  A good tenant often has some reserves of their own so most will continue to pay rent.

    Since you may be new to the game, know your local laws.  Find a good local attorney experienced in evictions just in case.

  • Greg Scott
  • Loading replies...