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Updated about 8 years ago,
Horrible start for first timer!!
Hello BP Community,
I've recently bought a 3 family complex and everything started off well. I was getting rent checks on time, the house was fine, then everything took a turn for the worse. I had to file a Pay or Quit notice on the second floor tenant because they stopped paying on time. They ended up paying and left. On top of that I had to kick the third floor tenant out because i wanted to house hack. Today my worst nightmare starts because my 1st Floor tenant which is under my new lease, wants to leave the apartment because she is falling behind on her bills. I'm not sure what to do!! I feel like everything that could happen is happening. Maybe this is a good thing but I would like anyone from the community to help me going forward.
Im thinking I should let her break the lease eat the cost for the winter time while fixing the property and then during the spring rent it out. I just dont want to deal with the added stress of going to court because she will not pay. Please help!!
Thank you all in advance!