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 6 years ago on . Most recent reply

User Stats

19
Posts
1
Votes
Bhaskar Upadhyayula
  • San Jose, CA
1
Votes |
19
Posts

Tenant trouble in 4-plex (Austin)

Bhaskar Upadhyayula
  • San Jose, CA
Posted

Hello All,

I'm a first time owner of a 4-plex in Austin. I bought the property couple of months back and inherited 3 tenants (and 1 vacancy). All tenants have long term lease (mid to late 2019). I examined their lease, rent rolls etc from previous owner and did my "due diligence".

Tenants in one unit are having personal issues (marital problems), financial issues (loss of job) and domestic violence problems. They have been late in paying rents in last two months and pretty much said they can't pay December's rent. 

I would like to initiate eviction process and conveyed this to tenants. I want to seek advise from the community on following:

1. Is eviction the only recourse now?

2. If so, is there a inexpensive, legal alternative to break the lease and tenants part ways with us, instead of eviction?

3. If formal eviction is only move, can you please recommend a lawyer in Austin that I can work with?

Thank you.

Most Popular Reply

User Stats

28,204
Posts
41,311
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,311
Votes |
28,204
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

@Bhaskar Upadhyayula eviction is definitely an option. However, it adds expenses and trouble and it appears the tenants won't be able to pay anyway so it's probably a waste of time.

Talk to them. Tell them you understand they can't pay the rent and you really don't want to evict them but you need the income to pay the mortgage. Offer to let them out of the lease if they can move out within seven days. If they agree, be sure to put it in writing!!! Make sure it has a definitive end date and a short reminder that if they fail to be out by the agreed date then you will initiate eviction and seek a judgment for every penny owed.

Get them out, use the deposit to cover the unpaid rent, cleaning, and repairs. This will minimize your losses and the work required. Then you can focus on finding a new tenant and starting fresh.

  • Nathan Gesner
business profile image
The DIY Landlord Book
4.7 stars
168 Reviews

Loading replies...