Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 6 years ago on . Most recent reply

User Stats

6
Posts
0
Votes
Tina M mcdonald
0
Votes |
6
Posts

Flooded basement townhouse

Tina M mcdonald
Posted

I have a bit of a sticky situation. My current tenant has renewed lease for 2nd time. My basement is unfinished and not intended whatsoever to be used as living space. Water is currently coming in and I am in limbo with HOA trying to remedy the situation outside of the house. The problem inside is that my tenants are using space as their master bedroom. So their stuff is getting wet. I don't want to make them angry but that space should be used for storage at best. If it was just storage I would tell them to move whatever they have down there to upstairs in the livable area. What do I owe them? They want out of the lease. I am willing to let them leave no problem. They are looking for moving expenses, etc. Help.

Most Popular Reply

User Stats

2,834
Posts
3,901
Votes
Anthony Wick
  • Rental Property Investor
  • Ankeny, IA
3,901
Votes |
2,834
Posts
Anthony Wick
  • Rental Property Investor
  • Ankeny, IA
Replied

Do they have renters insurance? Does your lease require it? Does your lease state the lower level cannot be used as a bedroom as it is unfinished and does not contain an egress window? My lease says all of the above, and I would not give them anything other than advice to file a claim with their renters insurance. And if they wanted out of their lease, I would attempt to find a replacement asap, while letting them know the  unit is still habitable and they are responsible for rent until somebody new signs a lease. 

Loading replies...