General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 2 years ago,
Inherited Tenant and a New lease
Hello All,
I bought my first rental property back in September with an inherited tenant in it. The lease ends in January but the tenant wants to sign a new lease. The tenant is a section 8 tenant and we all ready have approval to increase the rent from the current rent starting 01FEB. My question is should I do a full new lease or just an addendum for a lease extensions changing the lease dates and rent amount. Any advice Is appreciated