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Updated almost 10 years ago on . Most recent reply

Nat C.'s profile image
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Nat C.
  • Investor
  • from Miami, FL
  • Member since May 11, 2013
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Nat C.'s profile image
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Nat C.
  • Investor
  • from Miami, FL
  • Member since May 11, 2013
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Nat C.
  • Investor
  • Miami, FL
473
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807
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General Landlording & Rental Properties

Rent from tenants for property which sold

Nat C.
  • Investor
  • Miami, FL
Posted

I closed on a property at the end of April and the tenants had not paid rent for the month.

The property has now changed ownership and the PM shrugged his shoulders and said 'nothing we can do'.

It's $1500, so quite a lot of money. Is my PM accurate that there are no options for me to recover the rent owed?

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Scott Weaner's profile image
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Scott Weaner
  • Rental Property Investor
  • from Yardley, PA
  • Member since Jan 5, 2008
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Scott Weaner's profile image
Scott Weaner
  • Rental Property Investor
  • from Yardley, PA
  • Member since Jan 5, 2008
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Scott Weaner
  • Rental Property Investor
  • Yardley, PA
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Scott Weaner
  • Rental Property Investor
  • Yardley, PA
Replied

I am not sure I understand why this is the new owner's issue...except they may have a bad tenant. Please explain.

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