Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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

Updated over 2 years ago,

User Stats

19
Posts
2
Votes
Madison Balter
Pro Member
  • Rental Property Investor
  • Torrance, CA
2
Votes |
19
Posts

Tenant leaving but can't pay last 2 months rent, payment plan?

Madison Balter
Pro Member
  • Rental Property Investor
  • Torrance, CA
Posted

My tenant has been applying for section 8 starting in June, got accepted but for a unit that doesn't qualify for mine. She told me that if the voucher qualified then section 8 would pay the rent for June, July and now August. However my tenant needs to move and stated in writing she will be out by the 1st of September. She verbally agreed to creating a payment plan to pay me back the rent for June, July and August. Is this legal? Can I go about creating a legal document that can hold her responsible for that lost rent? I know I could keep her security deposit for the lost rent which covers 1 months rent. I'm feeling lost. Does anybody have other ideas for other options. My tenant is willing to work with me but I also realize I may never see that rent money and have to call it a loss. Thanks!

  • Madison Balter
  • Loading replies...