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Real Estate Investing

  • Jan
    15

    Real Estate Investing – Can Tenant Refuse to Pay Rent Until Repairs are Made?

    Situation: Tenant contacts the electrical inspector on your rental unit

    Inspector walks through the house and instructs the Landlord he needs to pull a permit to do the wiring and the permit was not pulled for the work completed. Inspector informs the landlord he must get a licensed electrician to complete the work and charges the landlord double for the permit to be pulled since the work was not completed by a licensed electrician. (all safe conditions)

    Landlord hires a licensed electrician and the electrician completes 90% of the work and then never comes back to complete the balance of the work. The landlord gets frustrated after a few weeks and then finally contacts another electrician to complete the work.

    Finally after 1 ½ months the electrical inspector passes the unit.

    Is this legal for the tenant to hold back money from the landlord?

    Meanwhile the tenant refuses to pay landlord rent for the whole month of December and part of January until the electrical work is up to code according to the electrical inspector in the area where the house is located.

    I learned at my apartment association meeting in Wisconsin last night. It is illegal for the tenant to hold rent money from the landlord while work is being completed on the unit if the building is safe to live in.

    If the electrical inspector prohibited the building from being lived in, then YES the tenant should not pay rent to the landlord.

    Join your local apartment association to learn the LAW in your area of investing. Its time and money worth spent. The networking alone covers your due cost.

    Cashflow Cindy

    P.S. John Dessauer has excellent programs on Multi-Unit investing and Property Management.

    Find Your Life’s Freedom’s! Take Action Now!! to learn NEW essential skills to be a successful real estate investor.

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