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Updated over 3 years ago,
tenants haven't paid rent in two months, what are my options
hello BP family,
i just bought my 1st multi unit property in los angeles last july and currently have a young couple living in the back unit. the couple has not been able to pay april and may rent due to covid-19. i've been very open with them and have tried to promote open communication in regards to setting up a plan on getting the rent paid but all they say is "we can't pay rent right now" mind you they never gave me a letter stating this, or any other forewarning. i also noticed that they just bought a new suv and sports bike which has me scratching my head.
i know that at the moment landlords have their hands tied, but is there anything else i can do? i'm saving text messages/or the lack of but other than that not really sure what else i can do.
i'm considering talking to them this week and offering to forgive april, may, and june rent if they found somewhere else to live by the end of june.
thoughts or advice would be greatly appreciated!
- j