Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 9 years ago on . Most recent reply

User Stats

124
Posts
95
Votes
Michael R.
  • Investor
  • Cary, IL
95
Votes |
124
Posts

Tenants (Father & Mother) in ill health

Michael R.
  • Investor
  • Cary, IL
Posted

I inherited tenants in a recent house hack purchase who are in ill health.  The mother is in the hospital and it's not looking like she will make it much longer.  The father had a stroke, and is receiving home healthcare. They have a 24 year old son who takes care of the father as well, but is unemployed at the moment.  I really feel for them, and think it's commendable what the son is doing to help take care of his family.  The first rent check was a couple days late (the son delivered it) and I had a brief discussion with him to see how we can make sure he A) pays on time from here on out and B) has a plan if, heaven forbid, something happens to his parents.  

It's the parents' names on the lease.  In the event that the parents pass away what options does the son have?  How would you handle this delicate situation? 

Loading replies...