Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

41
Posts
11
Votes
Michael Rodriguez
  • Columbus, OH
11
Votes |
41
Posts

Moving existing tenants to my lease

Michael Rodriguez
  • Columbus, OH
Posted

My first duplex had existing tenants. They pay rent on-time, let me know of issues/concerns quickly, and take care of the property. Law forces me to honor their current lease agreement which ends in July. They signed a pet addendum to the existing landlord's lease (with no pet deposit) for their 1 year old boxer who I've found has had a few accidents in the house. They've expressed interest in renewing. I would prefer to not allow pets due to smells/floor damage/etc. but they've been great tenants.

What recommendations does the BP community have when I transfer these tenants to my lease? 

My thoughts are: 1) Non-refundable pet deposit due at signing 2) cleaning service due at start and end of new lease 3)sign my own pet addendum to avoid risk of losing a good tenant and use existing deposit to pay for cleaning service at end of term

Any other thoughts? Thanks in advance!

Loading replies...