An alternative to Eviction for Landlords during Covid19

An alternative to Eviction for Landlords during Covid19

Specialist · Owings Mills, MD · Member since 2017 · 485 posts · 415 votes

If you have a tenant who is NOT paying their rent and/or it  looks like they will not be paying their rent for the future. Landlords can offer them $$ to move.
. It's always better to have a paying tenant than a non paying one.
. Make sure you get it in writing and that any payment is made after the Tenant moves out.

Most Landlords would rather loose 1 to 2 months rent than to have a nonpaying Tenant for 6 to 8 months

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  • Rental Property Investor · Red Bank, NJ · Member since 2017 · 1k+ posts · 1k+ votes
    6y

    Not a chance. I am against rewarding bad behavior on principle and will never pay a tenant to leave- but...

    You are going to pay a bad tenant cash so they will sign a piece of paper. They will promptly stay put because courts are closed and evictions are banned.

    Maybe if you give them enough cash they will even make a partial payment on the rent and really gum up the works!

    If you were patient with a bad tenant then chalk this all up to on the job training. This is 100% on the landlord. The landlord was lazy and did not fulfill his duties.

    If you have a good tenant who is out of work then they will use their unemployment and/or will catch-up in their future payments.

    Screening, screening, screening.

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