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Updated over 4 years ago on . Most recent reply

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64
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Michael Stutelberg
Pro Member
  • Marshall, MN
30
Votes |
64
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Governor halt on evictions

Michael Stutelberg
Pro Member
  • Marshall, MN
Posted

Have you reached out to tenants now that the governor has called for a halt on evictions? Have your tenants started reaching out to you that they cannot pay from covid? What resources are you sending to tenants for rental assistance? 
I have only found this link for MN so far. https://www.housinglink.org/Li...

Most Popular Reply

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122
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Evan Kraljic
  • Investor
  • Minneapolis, MN
196
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122
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Evan Kraljic
  • Investor
  • Minneapolis, MN
Replied

My tenants are moving out at the end of the month and I'll be remodeling their unit over the next 1-2 months so while I can't give you what I'm doing in practice, I can tell you what I would be doing. 

Reach out to all your tenants and ask them what their employment situation is and if it's being affected by COVID-19 at all. If they lost their job, ask if they've applied for unemployment and send them a link if they have not. After that is done, bring up rent and ask if they are good for the next couple months or if they think they will have trouble making the payment. If that's the case then ask them how much they can reasonably pay and work with them on a payment plan. I'd try to get partial payments but delay the rent if you have to. Make sure you get all of this in writing too. Keep in mind if they are behind you have a security deposit that you can draw from when the lease is up (but obviously don't mention this to them as it would probably piss them off).

Let them know as kindly as you can that the rent isn't being forgiven but that the last thing you want is for them to have to worry about being evicted during all of this. I think it's in the landlord's best interest as well, especially if they're a good tenant. Hopefully that was somewhat practical advice but I apologize if it isn't because I'm not personally going through it yet. 

I think the most important thing is being empathetic to their situation. #1 because it's the right thing to do during these tough times. And also it's good business practice because if you piss them off and hear about evictions being halted then what's the motivation to pay their landlord anymore Granted no evictions should only apply to those whose jobs were affected, but some tenants may not read the whole article and also we'll see how that plays out during a shelter in place.

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