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Mark Forest
  • Real Estate Investor
  • Fenton, MI
153
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946
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Laundry company claims tenancy

Mark Forest
  • Real Estate Investor
  • Fenton, MI
Posted

A friend of mine who is not a member here is having a serious land lording issue. He recently purchased an apartment building that has several units and tenants. There is a laundry room with washing machines, but the machines are actually owned by a company who services them, and only gives my friend a third of the proceeds. He would like to put his own machines in the room and keep all the proceeds. Apparently the washing machine company already had a long term lease with the prior landlord to lease that space for their machines and they do not want to give that up.

Does he have any recourse?

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