Tenant does want to move after receiving anon extension notice-

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Tenant does want to move after receiving anon extension notice-

Ader Viloria
Madison , WI · Member since 2015 · 6 posts · 1 vote

Bought a place last year in Stoughton, WI. A 2 story, 9 unit apartment building In which 4 of the tenants are constantly fighting and having issues. They are long term tenants and this issues had been going on for years, anyways I tried to establish and reminded everyone of the rules and expected behavior when dealing with one another when I first got the place to only find out it made little to zero effect. Fast forward to 3 month prior their renewal date, I decided to send notices of lease non renewal to 2 of the units, now they are offering to pay more rent if I let them stay. To me will be great if they stay since won’t have to remodel 2 apartments at the same time, but their constant drama is affecting the entire community. I though about renewing their lease to month to month and allow them to pay the higher rent and if any new issue arise have the option to cancel their contract with one month notice. Any thoughts? What would you guys do?

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Lynn McGeein
Real Estate Agent · Virginia Beach, VA · Member since 2012 · 2k+ posts · 1k+ votes
7y

Perhaps put those 2 units on month-to-month extensions for the higher price, letting them know that it is your final concession and any further issues will immediately trigger a 30-day notice to vacate.  They might shape up,  and you get to put off renovations plus save up some extra money to pay for them.  But you're not locked into another year if they won't behave.  

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  • Wayne Brooks
    Real Estate Professional · West Palm Beach, FL · Member since 2012 · 23k+ posts · 13k+ votes
    7y

    Their behavior is Not going to change.  Pick the one(s) you need to cut loose and just do it.  An extra couple hundred bucks a month is not worth it.

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  • Lynn McGeein
    Real Estate Agent · Virginia Beach, VA · Member since 2012 · 2k+ posts · 1k+ votes
    7y

    Perhaps put those 2 units on month-to-month extensions for the higher price, letting them know that it is your final concession and any further issues will immediately trigger a 30-day notice to vacate.  They might shape up,  and you get to put off renovations plus save up some extra money to pay for them.  But you're not locked into another year if they won't behave.  

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  • Theresa HarrisPro Member
    Member since 2019 · 15k+ posts · 11k+ votes
    7y

    You said there are problems with 4 of the tenants and you gave notice of non-renewal to 2 of them.  Presumably they were the two responsible for most of the troubles.  I wouldn't do it. It isn't worth the extra $50-100 a month.  

    Why do you have to remodel both units at the same time?  Rent one out as is or with a fresh coat of paint which you can easily do yourself.  Remodel the other one.  If they've been there for a while, are their rents at market value?  My guess is no, so you can rent the units for more money. 

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  • Ader Viloria
    OP
    Madison , WI · Member since 2015 · 6 posts · 1 vote
    7y

    @Wayne Brooks

    You are totally right, they have had these problems for a while now, and to think they can change now really doesn’t make sense. Thanks for your feed back.

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  • Ader Viloria
    OP
    Madison , WI · Member since 2015 · 6 posts · 1 vote
    7y

    @Theresa Harris

    You are spot on, im not extending the lease on the most difficult tenants, essentially they operate on two groups- 2 tenants on the second floor against 2 on the first floor, I’m not extending the lease on one of each group, breaking up their alliance and letting it go of the trouble makers. Rents are below market, and both tenants are offering to match market values to stay. reason why I’m considering on giving them a chance, but they had been acting like this for so long, part of me thinks, it will never change and just like you, I think is not worth it regardless of the rent increase. Also a new fresh coat of paint will definitely go a long way and should be sufficient for at least one of the units to get back on the market, great point! Thank you for taking the time to leave your opinion.

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  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    7y

    Send them one more notice that says the terminations are non-negotiable. If they refuse to leave, you will evict. Keep it very short (2-3 lines should be sufficient), professional, and kind.

    If they're not good tenants at a reduced rate, they certainly won't become good tenants at a higher rate. In fact, they're more likely to feel entitled. Get rid of them and start fresh.

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  • Marcia Maynard
    Investor · Vancouver, WA · Member since 2013 · 3k+ posts · 4k+ votes
    7y

    What kind of issues? What type of drama? Find out the root cause.

    If it's a noise issue between an upstairs tenant and a downstairs tenant, take a look at how to mitigate noise between floor/ceiling and between walls. Multifamily will inherently be a challenge regarding noise, shared community spaces, and parking unless there are good policies in place, you enforce the terms of the rental agreement, and you have done what it takes to mitigate the ability of sound to travel between living spaces.

    We try to save tenancies when we can. We've had bickering tenants in multifamily before. We addressed it head-on and were very clear as to what we needed the tenants to do and what the consequences were if they did not sort our their differences and act more congenially.  The problems subsided and both of those tenants (duplex) have now surpassed 12 years of tenancy. It's possible people can change, some just need a little guidance.

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