Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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

121
Posts
68
Votes
Kirsten M.
  • Realtor
  • Albuquerque, NM
68
Votes |
121
Posts

Unpaid Rent Amid COVID Pandemic

Kirsten M.
  • Realtor
  • Albuquerque, NM
Posted

In April, I collected 100% of rents, but I am weary about what May will bring regarding 1 property of mine. The tenant was upfront with me in March and stated that she had been furloughed and had moved back in with her parents to wait out the pandemic. We came to an agreement for April and she agreed to pay 1/2 of rent on April 1st and the other 1/2 on April 15th. I reached out to her twice over the last week to discuss May's rent and she hasn't responded. If she doesn't pay her rent and continues to ignore my attempts to reach her, what are my options? 

  • Kirsten M.
  • Most Popular Reply

    User Stats

    861
    Posts
    821
    Votes
    Dave Spooner
    • Rental Property Investor
    • Cincinnati, OH
    821
    Votes |
    861
    Posts
    Dave Spooner
    • Rental Property Investor
    • Cincinnati, OH
    Replied

    @Kirsten M. - here's a nice summary of New Mexico's abandonment regulations provided by UNM: http://jec.unm.edu/education/o...

    I would echo what Filipe@Filipe Pereirasaid and suggest caution here. Like many states, New Mexico has put a moratorium on evictions related to the coronavirus crisis and this sure sounds like it would qualify. We're in uncharted territory here.

    Can I ask, do you think you'd be able to rent the property to someone else? If not, I would hold off. If you think you can and you decide to proceed with removing her, I would not simply dispose of her property. I would put it into storage for her. I also think you need to make a concerted effort to reach her. @Filipe Pereira had some very good suggestions that, at the least, will demonstrate you made every reasonable attempt to contact the tenant and resolve the matter.

  • Dave Spooner
  • [email protected]
  • Loading replies...