All Forum Posts by: Rosston Smith

 I own a quadplex downtown! I recommend you look into Southern Tradition Builders. What kind of work do you need on the property? Would love to help however I can. 

I have a situation I haven't dealt with yet. One of my inherited tenants who've lived in the unit for 4 years paying $550/mo just broke up with his girlfriend. I've owned the building for 6 mo and we've never had an issue regarding late rent or any other conflict. 

Today when I collected rent he asked if he could pay $450 for the next few months to help him out while he brings in new income from other sources. He offered to help out around the house wherever possible to compensate for it.

He followed this up by saying if there isn't anything I can do he is willing to try and figure it out to make ends meet. 

I wanted to know if any of you have dealt with a similar situation, and see what you think I should do. I am willing to tell him he's going to have to continue paying the current rent, but I didn't know if there was another way.

Thanks! 

That is crazy!  Ive heard of people doing things like that,  but I thought those were extreme cases.  K didn't think this was a common occurance Havana 

Go through and fix them all one at a time. Maybe one every two weeks?  As long as you are showing effort it will go a long way for them.  

Definitely get if rented asap though. 

Congratulations!  I would start speaking with local banks about financing terms.  

Keep looking.  You'll find a deal!  Get out there and walk the streets

I would definitely do that!  Great job negotiating!  

They are breaking the lease. 

Give them the option to pay or vacate.