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 almost 13 years ago on . Most recent reply

User Stats

153
Posts
17
Votes
Hal Cranmer
  • Real Estate Investor
  • Lakeville, MN
17
Votes |
153
Posts

New Property, Bad Tenants

Hal Cranmer
  • Real Estate Investor
  • Lakeville, MN
Posted

I just closed on a short-saled triplex, that is full of tenants. Sounds good at first. However, at the closing, the previous owner said that there is one tenant that only paid half the rent for January and has not paid the February rent. Another tenant is section 8 but is not paying her portion of the section 8. Then there is a tenant down in a makeshift illegal basement unit (4th unit) that is paying on time, but I cannot continue letting him live down there if I am going to get a rental license from the city.

I am meeting with the non-section 8 tenant who is not paying their rent, and the illegal basement dweller today, and was looking for tips on how to gently explain they need to go - and soon. They did not put down security deposits (why do you think I got such a great deal on the short sale:)) and I want to convince them it is in their best interest to just leave. I will tell them they don't owe me a thing if they can be out very soon, but would be interested in any other tips and techniques that have worked for people in the past?

I also meet with the Section 8 person this weekend. Should I tell her I will be calling the Section 8 office? I've never rented to section 8 and don't intend to once this tenant is out. Thanks.

Most Popular Reply

User Stats

153
Posts
17
Votes
Hal Cranmer
  • Real Estate Investor
  • Lakeville, MN
17
Votes |
153
Posts
Hal Cranmer
  • Real Estate Investor
  • Lakeville, MN
Replied

Thanks for all your help everyone. It seems to have worked. I offered one guy who was not paying rent $500 if he could be out by this Friday, and gave him $100 of it up front to show I was serious. He accepted. The guy in the illegal unit thinks he can be out by end of February, and my section 8 tenant just paid her portion of the rent. I told her I will also need a security deposit and she is contacting several agencies to get assistance to pay it. I told her no deposit, no rental and she understands.

I even have an old (good) tenant call me up and ask if I had anything open! Things are working out and I appreciate the help.

Loading replies...