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Updated almost 3 years ago on . Most recent reply

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44
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16
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Masha Rizzi
  • Investor
  • houston, TX
16
Votes |
44
Posts

Request Removal of "Junk" Or Just Wait To Non-Renew?

Masha Rizzi
  • Investor
  • houston, TX
Posted

I recently purchased a tri-plex that is fully leased (YAY!)

That being said, the property needs a lot of work and unfortunately I will be non-renewing at least 2 of the tenants to completely renovate their units. The property also has a lot of junk accumulated from several of the tenants in the front/back yards, garage, and even sides of the lot. 
All of the tenant leases end at the end of June. 

So my question is, should I send out a notice to remove everything that has accumulated now or just wait until I send out a non-renewal notice next month (and see what all they take with them/deal with what they leave behind at that point)? 

Most Popular Reply

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28,168
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41,267
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,267
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28,168
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

I agree with @Kim Meredith Hampton; tell them to remove it now. After you've handled that, then give them the non-renewal at the last possible moment.

  • Nathan Gesner
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