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Updated over 9 years ago on . Most recent reply

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109
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12
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Freeman Schultz
  • East Coast
12
Votes |
109
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The tenant who goes too far

Freeman Schultz
  • East Coast
Posted

Since starting my education in real estate investing, I have heard odd stories about types of tenants. One story I have heard about is the tenant who is late with the rent or in some way causes problems for the landlord and then when their lease is up for renewal and then they go further by asking for a reduction in rent. What I have heard is that when that happens, their lease ends up not being renewed? 

Is that what usually happens?

Most Popular Reply

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286
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159
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Nancy Curran
  • Real Estate Investor
  • Chicago, IL
159
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286
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Nancy Curran
  • Real Estate Investor
  • Chicago, IL
Replied

If you tell them you may not renew in April, they may get worse.

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