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All Forum Posts by: Brian Olencki

Brian Olencki has started 3 posts and replied 23 times.

Post: Purchased property with existing tenants; Tenants not paying rent

Brian OlenckiPosted
  • Rental Property Investor
  • Rhode Island
  • Posts 24
  • Votes 9
@Jeff Ronningen the seller was a nightmare. And refused to mention this until after the signing a closing document. I will be going ahead with an eviction process

Post: Purchased property with existing tenants; Tenants not paying rent

Brian OlenckiPosted
  • Rental Property Investor
  • Rhode Island
  • Posts 24
  • Votes 9
@Christopher Phillips thanks for your reply. That is my guess as well As the missed rent did not happen during my ownership of the property, I am unclear whether it falls within my realm or if it belongs to the previous owner, meaning I can't pursue it?

Post: Purchased property with existing tenants; Tenants not paying rent

Brian OlenckiPosted
  • Rental Property Investor
  • Rhode Island
  • Posts 24
  • Votes 9
Hi everyone, I just closed on my first property this past week in Rhode Island. It was a duplex with existing tenants on a month to month tenancy. The tenants did not pay rent for two months while we were under contract claiming to be "waiting for the new owner to to pay them". I have already delivered 5 day pay or quit notices that expire today. I have also sent 30 notices for the termination of their Tenancy. The tenant sent me a message this morning stating they will be taking the missed rent up with the previous owner (my guess is they are hoping to never have to pay). Do I inherit this missed rent making it my responsibility to collect it/issue repercussions? Would the missed rent be my money at this point?