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Updated about 4 years ago on . Most recent reply

User Stats

15
Posts
5
Votes
Mark Feaver
  • Stockton CA
5
Votes |
15
Posts

House Hacking Triplex and Giving 60 Day Notice, but wait...

Mark Feaver
  • Stockton CA
Posted

I am most likely taking over a 3 unit property.  One of the tenants who is on a month-to-month lease will be receiving a 60 days notice to vacate as we will be living in that unit.  I would have the other tenants signing my new lease that has a few changes (renters insurance is a must, one of the utilities will be their responsibility as well, etc.).  But the gentleman who is receiving the 60 days notice, he would still sign the new lease for the remainder of the those 60 days?  Is there anything that I should consider?

One more question:  As I will be passing on the trash bill ($25.00) to the tenants, should I wrap that into their rent, but making a clear distinction that it's for the garbage and not a rent increase?  If I am able to put the trash in each of their names, they can pay it on their own, but if that is not the case, what is the best way to collect that additional $25.00?  I anticipate I will be using Cozy for rent collection, if that makes any difference.  

Thank you very much for taking the time!

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