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Updated almost 9 years ago,

User Stats

50
Posts
0
Votes
Carolyn Keller
  • Investor
  • Turtle Creek, PA
0
Votes |
50
Posts

90 days cannot sign with anyone else

Carolyn Keller
  • Investor
  • Turtle Creek, PA
Posted

.See my other question, letting my current PM go, but contract states, termination fee of 6 mths worth of management fees and: If owner terminates and enters a rental contract within 90 days, termination fee increases to two months’ rent.Its a matter of 500 $ something or $1800.00. I can self manage for 90 days, set up a rental portal for tenant and separate email, etc. I know i will need to have tenant sign a new lease, since mgmt lease will be void. fairly confident i can manage for 90 days. But any thoughts on risks, or pitfalls? or suggestions?

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