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Updated almost 8 years ago on . Most recent reply

User Stats

13
Posts
2
Votes
Mario Jay
  • Investor
  • Schiller Park, IL
2
Votes |
13
Posts

Bought 3flat. Need to remove problem tenant NW chicago suburbs

Mario Jay
  • Investor
  • Schiller Park, IL
Posted

Hi Guys,

Good afternoon!

I just closed on a 3flat in the NW suburbs of Chicago. The building is completely rented currently. However, I purchased it with an FHA loan and want to move into the top floor unit.

Per discussion with the prior owner the top floor tenants only paid half of the rent for May (bad news) and refused to pay them the full amount. Now it's my problem. The tenants only have a month-month lease. I am trying to get rid of them ASAP and am willing to call the forgone rent a loss. Would I have to evict? Tell the current tenants to get out at the end of the month? I am not sure what my options are or where to even begin.. Thanks for the help!

Might have posed in the wrong forum not sure..

  • Mario Jay
  • Loading replies...