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Updated over 4 years ago on . Most recent reply

User Stats

23
Posts
9
Votes
Tony Borman
  • Rental Property Investor
  • St. Augustine, FL
9
Votes |
23
Posts

Tenant won’t pay last month, already moved out

Tony Borman
  • Rental Property Investor
  • St. Augustine, FL
Posted

Need some advice -

Rental property in Madison WI, lease August 2019 to August 2020. Tenant lost employment and informed me of difficulty paying rent starting in March. He offered to move out to a smaller/cheaper place he could afford if/as soon as I could find a new renter. Given the typically August to August lease cycle in Madison and the pandemic, I was not able to get the rental filled with a new tenant until August. Tenant moved out to more affordable rental at end of May and we agreed I would keep all security deposit to cover June rent and would discount July by $500 (of $1800). Tenant now confirms they will not be paying anything towards July. Anything I can do? Is it worth small claims?

Most Popular Reply

User Stats

2,507
Posts
4,234
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Jill F.
  • Investor
  • Akron, OH
4,234
Votes |
2,507
Posts
Jill F.
  • Investor
  • Akron, OH
Replied
I'd let it go. With covid going on it could have been much worse.

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