From the month a tenant stop paying rent, to the day we finally get a bailiff to the property is between 3 and 4 months. I manage 2 apartment buildings – 15-unit buildings. The company I work for owns 6 apartment complexes – the majority are 30-unit properties. The owners do not file on any delinquent tenants until they have missed 2 rent payments. While there are many late payments, the clear majority of all the tenants pay their rent and aren’t a problem. Evictions are rare – typically tenants will simply move on, and not wait until they are physically removed from the premises.
We no longer accept NSO, RPI, CMA, Southwest Solutions, or any agency acting as an intermediary for Housing Choice Vouchers. Most of the evictions involved tenants that were not paying their own rent. Mentally unstable, cross addicted individuals, who are incapable of taking care of themselves [[personal hygiene), let alone an apartment. Turning the apartment into a flop house, party house, or worse, sell drugs out of the building.
I’ve seen an uptick in rentals this past summer, working individuals that get up, go to work and support themselves. We require a lease – credit check, 1st months’ rent and security deposit, which equals the 1st rent payment. Don’t like the conditions and rules, apartments are a nickel a dozen in Detroit – keep stepping down the road.
Maintenance costs are prohibitively high – plumbing, electrical, appliances [[we provide A/C, Fridge, Stove) and apartment turnover – cleaning, painting, and bringing the apartment back to move-in condition are a few examples.
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