General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
Evicted by old building owner now what
I closed on a 4plex 6 days ago. At closing I learn one of the tenants is 2 months behind and "playing games" with his rent. Today the former owner took him to landlord court to get him evicted and get a judgement to collect back rent. Per the court, on Monday he will have 72 hours to be out.
Should I let the old owner kick him out. Is this judgement able to stand as he doesn't own it any more. Should I offer the tenant a second chance if he can come up with $900 (first month and security) in 72 hours and write a new lease with me. Should I evict even if he does have the ability to come up with funds.