Updated over 2 years ago on . Most recent reply
Tenant informed me of loosing job
Hi everyone, I have a pretty good tenant who has been paying rent without any problems for 8 months. He just informed me that he got laid-off as something that I should be aware of. He is a very responsible person and I am sure he is actively looking for a new job, but I doubt he can pay the rent if he doesn't have a job. My question is, is there something I should start doing pro-actively? Should I be asking him if he found a new job or just wait?
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Tenants lose jobs and get new ones if they want to. There is a shortage of staff most places. Rent is still due, once they fall behind it is hard for them to catch up.