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Updated about 10 years ago on . Most recent reply

Kevin Nichols's profile image
Kevin Nichols's profile image
Kevin Nichols
  • Investor
  • from Rock Hill, South Carolina
  • Member since Nov 2, 2014
Connect

User Stats

122
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33
Votes
Kevin Nichols's profile image
Kevin Nichols's profile image
Kevin Nichols
  • Investor
  • from Rock Hill, South Carolina
  • Member since Nov 2, 2014
Connect
Kevin Nichols
  • Investor
  • Rock Hill, SC
33
Votes |
122
Posts
General Landlording & Rental Properties

Lease Breaking Ramifications

Kevin Nichols
  • Investor
  • Rock Hill, SC
Posted

I'm fairly new at landlording...2 months ago we bought a duplex with 1 year and 1.5 year lease tenants, who are doing fine.

I'm looking at another property and the tenants are month to month.

So...I started thinking...what are the ramifications of a broken lease? Let's be honest, how many owners are going to chase down a tenant who leaves?

What's the "best case" scenario for a broken lease?

Kevin

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