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Updated over 2 years ago on . Most recent reply

User Stats

20
Posts
5
Votes
Austin Cai
  • New to Real Estate
  • Bay Area
5
Votes |
20
Posts

Tenant Moving Out Temporarily, Having Cousins Move In

Austin Cai
  • New to Real Estate
  • Bay Area
Posted

Hi BP,

I'm a first time landlord so I wanted to get your guys feedback and advice on this. Basically, this tenant has been living in the unit for over a year now and have been consistent with their rents. They mentioned that they want to move out at the end of this month and relocate to another state for 6 months, after which they will move back (supposedly). In the meantime, they said their cousin's family will live there while they are away. The first thing I asked was if the new family was able to pay the current rent while they are staying there. 

I'm wondering if I should do a background or employment check on this new family and have them sign a new lease. In fact, I'm not sure what my options are. What happens if this new family is unable to pay the rent or decide to leave after 3 months? How should I go about this process? Thanks in advance! 


Best,

Austin

Most Popular Reply

Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
4,152
Votes |
4,205
Posts
Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
Replied
Quote from @Austin Cai:

Hi BP,

I'm a first time landlord so I wanted to get your guys feedback and advice on this. Basically, this tenant has been living in the unit for over a year now and have been consistent with their rents. They mentioned that they want to move out at the end of this month and relocate to another state for 6 months, after which they will move back (supposedly). In the meantime, they said their cousin's family will live there while they are away. The first thing I asked was if the new family was able to pay the current rent while they are staying there. 

I'm wondering if I should do a background or employment check on this new family and have them sign a new lease. In fact, I'm not sure what my options are. What happens if this new family is unable to pay the rent or decide to leave after 3 months? How should I go about this process? Thanks in advance! 


Best,

Austin

Treat them as new tenant "prospects" until you are sure it's the right thing to do.  Absolutely do a backrgound check. You don't know these people.

And, are you in a "no evictions" zone? If so, that puts a whole different perspective on things. You have to be even more diligent if you can't evict or if it's likely that the city/state will prevent evictions in the future.

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