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Updated over 2 years ago, 04/15/2022
BRRRR - Tenant Relocation
Hi All!
Bought my first wholesale invesment property in 3br in Manayunk area- The sale was quick and I inherited the tenants on m2m lease. PHL rules intent to renovate is an accepted reason to initate eviction. They are senior citizens - kind, coopertive, paying the rent and actively looking to relocate to smaller 1br/studio in the area. I have offered them great $$ to relocate by May 31st.
Are there dedicated services in PHL to help senior citizens find/navigate/apply for rental housing? They are struggling a bit with the technology peice of looking...
Credit mid 600s
Couple is happy to make larger security deposit/pay several extra months at time of signing lease
TIA :)
@Moira McKee Hi Moira, Eviction is a court action and NOT the first step. With a MTM lease, either party can decide not to renew and the how to give proper notice will be described in the lease agreement. Local laws are also source for whether 30 or 60 day notice to not renew. But what is the rush?
There is a tech gap with some seniors. You are in the housing business, why not help them out yourself? You describe them as good tenants. Given the chance to search online and fill out an application, they will find new housing. Help them find phone numbers for moving company and let them leave behind the junk they no longer need/want. You could sell or donate it to charity. Your gentle prodding will get the job done.
The lease terms for their new place is not you business (deposits and pre-payment of rents). Lead them to the rental listings and they will qualify with their own merit.
@Kathy Henley- Thanks Kathy! Thank you for your reply and I agree. I do not want to go the eviction route. I am trying to help them help themeselves, I've sent them several apartment links in their price range, however, low income and mid 6 credit score has resulted in 2 application rejections in the last 2 months.
I am hoping there may be an organization dedicating to support senior citizens find and apply for housing. I imagine they would be a better resource than me, as Im not getting very far.
Thanks again!