General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Eviction: Are all tenants on lease doomed?
Scenario: As a land lord, you have 3 tenants on Section 8 in NYC. The head of house hold (father), the mother and the daughter. The father was the bread winner but he got Alzheimer’s and started to forget making payments and got an eviction letter. So the daughter went to court and fought for her father with his GAL. They have been charged market rent for the months that he missed payments + quarantine months and now owes 15k.
The only solution I came up with is: just move out because they would have to pay market rent + 15k and that would be hard to afford. But if the eviction goes on her father record does it affect everyone on the lease? Would they be able to find another place to live?