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 8 years ago,

User Stats

61
Posts
28
Votes
Wade Garrett
  • Montvale, NJ
28
Votes |
61
Posts

Would Appreciate Some Advice

Wade Garrett
  • Montvale, NJ
Posted

I just purchased my first fourplex and have a tenant who I foresee being an issue. 

She is currently on a month to month, as her previous lease with the old owner expired. The old lease says the rent was $900. Her security deposit is $900. There are payment receipts of $900. The tenant claims she is and has been paying $800. Market rent is $1,000. 

It sounds cut and dry when posted like that. But she also maintains the property in exchange for discounted rent. So I don't technically have to do much on a day-to-day basis. 

I am a little apprehensive about calling her bluff and calling her a liar right off the bat. Also, her residence in the place is fairly crucial to the investment. 

How do you recommend I handle her?

Thanks. 

Loading replies...