Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

23
Posts
16
Votes
Corey Pascuzzi
  • Rental Property Investor
  • Westfield, MA
16
Votes |
23
Posts

Help! Tenant just informed me that they lost their job!

Corey Pascuzzi
  • Rental Property Investor
  • Westfield, MA
Posted

Hello BP, my tenant just told me today that she lost her job over a month ago.  She has always paid on time and paid rent today for this month.  She says she is getting financial help from family and is looking for a job, interviewing. I told her to keep me in the loop as to the situation and I don't remember my exact words but told her something to the effect that I would work with her and try to get through this difficult time.  Is there anything I should be doing, or could do in the meantime?  She has been a good tenent and I am hoping she finds a job soon, but I can't help but think what would happen if she can't find a job for several months.  Any thoughts or advice is appreciated!

Most Popular Reply

User Stats

6,201
Posts
4,349
Votes
Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
4,349
Votes |
6,201
Posts
Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
Replied

You might suggest to the tenant that if they can't afford the apartment, the best thing to do is move in with family for a while to get back on their feet again.  If they leave the place in good shape they'll get their security deposit back which will really help financially.

Loading replies...