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    randyncrw's Avatar
    randyncrw Posts: 2, Reputation: 1
    New Member
     
    #1

    Mar 28, 2011, 01:42 PM
    Daughter and son in law won't make house payments
    Four years ago I bought a rental hse that I rented to my daughterand son in law. They are right now 24000 past due on the rent. My daughter does all she can do. But the son in law won't do what he needs to do to keep up things around the hse or work enough to pay the rent. We are at a lost . Can anyone give me some advice.and yes they are children involved. And yes we have had a lot of sitting down and talking to the both of them.
    tickle's Avatar
    tickle Posts: 23,801, Reputation: 2674
    Expert
     
    #2

    Mar 28, 2011, 01:52 PM

    If you have sat down and talked, then kick them out so they learn a lesson in humility.

    It is nice to have a free ride when so many others are suffering for lack of shelter.

    Initiate some 'tough love' with your daughter.

    Probably not the advice you wanted but it is my own opinion and mine alone.

    Ms tickle
    randyncrw's Avatar
    randyncrw Posts: 2, Reputation: 1
    New Member
     
    #3

    Mar 28, 2011, 01:57 PM
    What about the grandkids. I've tried to tell my wife this is what we need to do. And she keeps saying she will handle it and she never does. Bad thing about it is that we owe a mortgage on the hse. We've talked about if it were us instead of them we would have worked two jobs to take care of it. Its really putting a stress on us and our realatioship
    ballengerb1's Avatar
    ballengerb1 Posts: 27,379, Reputation: 2280
    Home Repair & Remodeling Expert
     
    #4

    Mar 28, 2011, 02:38 PM

    To be blunt, you need to sell this place and let the buyer evict them. You are not being an effective landlord and you should never rent to kin. You aren't gaining equity in this economy and you are going deeper in the red each month so sell now, even if its less than you paid. Maybe ask the bank if they'd do a short sale.
    joypulv's Avatar
    joypulv Posts: 21,593, Reputation: 2941
    current pert
     
    #5

    Mar 28, 2011, 04:20 PM
    Ditto, ditto, and ditto.
    It costs nothing to sign with a real estate broker and have a sign in the lawn. Then start the eviction process. Do not accept any payments now, or any promises either. They will survive, even if apart from each other over this.
    tickle's Avatar
    tickle Posts: 23,801, Reputation: 2674
    Expert
     
    #6

    Mar 29, 2011, 04:33 AM

    If it makes any difference to your daughter, who sounds afraid to bring matters up with her husband; put the ball in her court and tell her point blank, you just cannot afford to carry them in that house any longer. Give them a deadline that you can afford, maybe 30 days notice, and then put a sign on the lawn.

    Tick

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