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Updated almost 8 years ago on . Most recent reply
Evictions in Connecticut? Please share your experience!
A coworker and buy and hold investor warned me of the stringent laws in Connecticut that protect tenants. He says evictions can cost thousands of dollars and tons of time (i.e. opportunity cost).
How common is this among Connecticut investors? Have you had to evict a tenant before? How "bad" was it and is it something I should be concerned about if I am to invest in Connecticut rentals?
Thanks so much for you response!
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I have had two evictions in CT. If the tenant extends it out as far as they can, it will take 3 months. If you do the eviction yourself, then it will not cost too much out of pocket, but you do lose a couple month's rent and you have to spend time going to the courthouse to fill out the paperwork. If you have an LLC, you are not allowed to do your own evictions, so you have to pay a lawyer and it will be more expensive.
I agree with @Kevin Hunter do all you can to make sure your tenants are good enough so you don't have any evictions. Both of my evictions, I should have seen coming.