Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 12 months ago on . Most recent reply

User Stats

39
Posts
12
Votes
Christene Martin
  • Lender
  • Jersey City, NJ
12
Votes |
39
Posts

No Show Tenant

Christene Martin
  • Lender
  • Jersey City, NJ
Posted

Hi, I am in the middle of an odd scenario. 

I have a condo in Guttenberg, NJ... investment property. 

A new tenant signed a lease in early January for a January 19th move in. They were supposed to submit prorated January rent, full February rent, and security deposit, per the lease they signed. They only submitted Feb rent and security deposit. Jan 19th came and went, they didn't pick up the keys, didn't submit the rest of the funds that were due. We spoke on the phone and she claimed, 'she didn't know what she was signing.' so we agreed it was okay to pick up with Feb 1, I didn't love this, but fine, you beat me for January.

February first came and went, same thing. She didn't pick up the keys. She is generally unresponsive, but when we did speak again, she said she planned to move in Feb 28th. We are now in March, she still has not picked up the keys, the place is vacant, the utilities were put in someone else's name (not on the lease). And of course, March rent has yet to be paid. 

On one hand I think I dodged a bullet with this person not moving in, bc it sounds like it would be a year of complete chaos. For that I am grateful. On the other hand, I feel I can't relist the place since there is a signed lease.... I think I need this person "signoff" on voiding this lease. (yes, I have spoken to my attorney about this approach) 

In the meantime, I am interested in chatting with anyone who has run into to anything similar. Thanks for your time. 

Most Popular Reply

User Stats

36
Posts
5
Votes
Rachel K Reiman
  • New to Real Estate
  • Omaha, NE
5
Votes |
36
Posts
Rachel K Reiman
  • New to Real Estate
  • Omaha, NE
Replied

Agreed, dodged a bullet and cut the cord and call yourself lucky :)

Loading replies...