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General Landlording & Rental Properties

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Jake Kozul
  • Real Estate Investor
  • Grand Rapids, MI
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85
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Unit not ready....

Jake Kozul
  • Real Estate Investor
  • Grand Rapids, MI
Posted Jul 26 2016, 15:26

I have an overlap on one of my college rental homes, which apparently is pretty common in this market as the major universities there are on semesters and trimesters. The current tenant cannot leave until the 15th now due to there home not being ready, and now the incoming tenants were scheduled to move in the 1st, so they are delayed. This actually happened in my other unit, however the students co-inhabited for a month and it worked itself out. I own almost 40 units, and have never had this come up before. Any suggestions, ideas, possible repercussions? 

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