Multifamily friends, in terms that of evictions, what percentage of evictions are you seeing at your properties / portfolios?
Please provide region and percentage.
I will go first, B+, Market Rate Portfolio in San Diego, CA has 2.5% of residents in eviction.
Interested to see how everyone is fairing out during these tough economic times.
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Miles Scruggs
Wow that seems high. SE WA and we are at 0.2%. That seems odd to differ by a whole order of magnitude.
Chelsea Santiago
I manage 9 communities in the nc triangle, only had one for holdover last month but this month I’m filing on at least four
Guest Insider
I’m at a B property in central Texas and I’ve only evicted 2 people in 2 years.
Sarah Yadira Hong
Most people I’ve asked in San Diego, CA are between 1.5 to 2.7% of residents currently in evictions.
Guest Insider
All my years in So Cal I always saw fairly high percentages for evection. What did help over time was instituting higher security deposits. Example: requiring $750 on approval rather than $250. This process took a long time to implement but it really helped bring down those eviction filings. End result was it brought it from over 3% down to .5 - 1.5% Best of luck to you!
Brandy Blazen
644 units with 1% in eviction located in San Diego.
Cindy Shearer
Screening times 3 when accepting new tenants. The last time we had to file eviction at our B property was in 2020.
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04 DecEvent starts in:
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22 Jan
