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 almost 6 years ago, 02/13/2019

User Stats

44
Posts
11
Votes
Christopher Labonte
  • Fort Campbell, KY
11
Votes |
44
Posts

Evansville IN huge rental issue

Christopher Labonte
  • Fort Campbell, KY
Posted

Morning all!

I own a rental property in Evansville Indiana, and it preforms fairly well.  I do have a issue that's rearing its ugly head now.  One of the units lease is up March 31.  They called before the 1FEB to let us know they were giving they're 30 day notice.  Apparently they weren't aware of the lease (somehow...).  They also are about 200 dollars behind on they're water bill.  Unfortunately I only have 1 meter for this building (its a quad), but I do have individual in line meters going to the individual units.  I'm getting the feeling that im gonna end up getting stiffed.  

My property manager suggested when I bought the building that I just do a flat rate charge, and knowing what I know now I wish I had done it.  I was also contemplating shutting the water off to the unit, but I read a few BP posts and everyone says that's a terrible idea.  With all this in mind, does anyone have any suggestions on how I might go fixing this mess? Its either that or go the legal route, but with them moving in 2 weeks it looks like they're going to disappear.  All ideas are appreciated!

Loading replies...