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 about 6 years ago,

User Stats

183
Posts
264
Votes
Joel Fine
  • Rental Property Investor
  • Leander, TX
264
Votes |
183
Posts

Inherited tenants left before lease ran out. Do I have recourse?

Joel Fine
  • Rental Property Investor
  • Leander, TX
Posted

Seeking wisdom from the BP community.

I recently bought a 7-unit apartment building in Ohio. At the time of sale, some of the units were occupied by tenants who are on 1-year leases that have several months to go.

A couple of those tenants decided to skip town shortly after I bought the property, before their lease terms were up. They did not pay any rent to me. I don't know if they were current with the seller, but I think that's irrelevant.

Their leases obligate them to pay rent for another few months, but of course the leases only name the seller of the property, not me.

Do I have recourse to go after them for the remainder of their leases? Even if I do, is the pursuit likely to be worth my while, or am I better off just letting it go and focusing on finding new tenants?

Joel Fine

Loading replies...