Real Estate Investor · Columbia, MD · Member since 2014 · 172 posts · 94 votes
My tenants just called asking if they could meet with me regarding payment of their rent. They have been in the property for three months and twice their checks bounced. The husband has recently had some serious medical issues and because of that he is not able to work. The medical issues occurred right after they signed the lease. I understand their hardship but this is a business for me so any advice on how to handle what I should do regarding their non-payment based on a medical hardship is appreciated. Thank you!
.I would approach them about an agreed move out date and have them sign an amendment terminating the lease. This would allow to avoid an eviction on their record and you the costs
If an eviction process.
Also, there may be some agencies that will help them pay their rent. If they call the United Way they probably can give them a list of agencies that offer rent assistance. If they are a veteran, have them contact the VA. They might pay you the rent while they get on their feet
Good Luck!
You need to move forward with the eviction process, their money troubles likely won't be getting better, and they'll probably leave without paying at the last second. They should have family to fall back on