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Updated 11 days ago, 11/14/2024

User Stats

143
Posts
15
Votes
Sean Gallagher
Pro Member
  • Texas
15
Votes |
143
Posts

Taking over an existing lease with addendums, RBP, BPP.

Sean Gallagher
Pro Member
  • Texas
Posted

To simplify the existing lease I thought about asking the tenant if they would be ok modifying the addendums to get rid of the resident benefit package and the building protection plan.  I will insure the property as a non-owner occupant.  Does anyone have an objection as to why I should continue with these services?  I would have to get with the property manager and mimic the exact plans they have set up in the lease, all of which were probably customized by the PM to get a few extra dollars.  Just seems like unnecessary work.  I'd rather simplify the lease and then raise then rent at lease renewal.  Thoughts?

  • Sean Gallagher
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