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Updated over 2 years ago on . Most recent reply

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3
Posts
1
Votes
Melissa J.
1
Votes |
3
Posts

Lease agreement...month to month

Melissa J.
Posted

Tenants 1 year lease is almost up.  They made payments every month but were typically a week late.  Then we got asked the question, “will you consider a month to month lease”?  The reason we got asked this is because since then the couple has separated and the guy doesn’t know if he can afford the payments every month.  They did not destroy the house.  Still in great condition.  What are your thoughts on month to month leases?  Is it a disaster waiting to happen? 

Most Popular Reply

User Stats

172
Posts
126
Votes
Jon Schoeller
  • Flipper/Rehabber
  • Charleston, WV
126
Votes |
172
Posts
Jon Schoeller
  • Flipper/Rehabber
  • Charleston, WV
Replied

Reevaluate him alone just as you would a new tenant. If he fits your requirements, fine. If not, move on. A system only works if you let the system work. Good luck! 

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