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Most risk is covered by lease terms. Failing that, there's eviction... until the government intervened and changed the fundamental contract. And, no, no one is
by mizzack 5y ago
Most risk is covered by lease terms. Failing that, there's eviction... until the government intervened and changed the fundamental contract.
And, no, no one is going to buy your house if it has non-paying tenants that can't be evicted. They would just be inheriting your problem due to tenant's rights.
- quantumofalpha 5y agoNon-paying tenants is just a short-term problem and you can put a dollar amount on it. It's not the worst thing that can happen to a property. People with deeper pockets than you and able to wait it out would still buy with the right discount for the inconvenience and uncertainty. Or even for the mere right to be your buyer - there's extreme housing supply shortage in certain markets if you haven't been following the news. With some comical extremities like people pledging to name their firstborn after the seller etc