abandoned house

What To Do If Your Tenant Skips Out

If you have a tenant that all of a sudden has dropped off the grid, it’s frustrating. Unfortunately, your options as a landlord have been curtailed by some federal and state regulations centered around COVID-19. Here’s some advice about what to do if your tenant skips out. 

 

Don’t Jump to Conclusions

If there’s anything we’ve learned lately, it’s that you never know what to expect. Try to avoid jumping to conclusions when you discover that your tenant is no longer in residence at your rental. In these challenging times, all kinds of scenarios are possible. Your tenant may have had to leave suddenly to care for a sick loved one. They may be so distraught that they aren’t aware of the rent due date and haven’t thought to contact you. It’s also possible that your tenant has come down with COVID-19. They could be in the hospital and unable to contact you.

 

What You Should Do

The first thing you should do if your tenant has skipped out is to wait a bit. Often, things become clearer with the passage of time. Just give it one week. If you don’t hear anything, take the next step. The next thing you should do, because of the unusual circumstances of the pandemic, is to reach out to all the contacts related to your tenant. Dig out the lease agreement and see who they listed as their emergency contact. Find out if anyone in their social circle knows what’s going on. If possible, check with the neighbors. Do they know anything or did they see anything that might explain your tenant’s absence? 

 

If You Find Your Tenant

Let’s say you actually find your tenant. It turns out that they had a reasonable excuse and you’re willing to give them a second chance. Consider offering them a payment plan to catch up on the rent payments. Put them in touch with local or federal resources where they can get financial help to cover the rent. At least if you do this, you’ll have a tenant instead of a vacant unit.

 

Read published article on BiggerPockets.com….

 

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