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All Forum Posts by: Jeremy Anderson

Jeremy Anderson has started 2 posts and replied 3 times.

Post: Lease Cancellation Question

Jeremy AndersonPosted
  • Investor
  • Reno, NV
  • Posts 3
  • Votes 0

I am comfortable with the information we have, but it is the unknown of going to court which increases the anxiety.  

Thank you for the information Nancy.

Post: Lease Cancellation Question

Jeremy AndersonPosted
  • Investor
  • Reno, NV
  • Posts 3
  • Votes 0

Hello BP,

I am looking for advice on how to handle a tenant that has failed to satisfy the terms of the lease and is now threatening legal action for repayment of rent paid and potentially moving costs due to safety concerns.  The legal threats increased when advised they would be obligated to pay rent until house relet.  

Please note the safety concern is not with house, but with area.

I feel the tenant should pay for any rent due until re-rented, along with any associated marketing fees/time.  There is nothing I could locate in the State Statute or in the lease agreement which would indicate the tenant was not obligated.  The lease was very thorough (thank you BP).

I appreciate your insight.

House / Area Details - 

SFR Property in downtown Orlando (urban living within mile of city center)

4/3 with one car garage build in 1948 

House is in good condition with renovated kitchen, MBR, and new roof.

One car garage can fit a small SUV at a minimum.  

One block off of commercial area - commercial construction under way across street.

We passed on two other offers for the property as this individual submitted the security deposit first and submitted all the requested paperwork (application, background & credit request).

House is now under a lease agreement with a 10/1 first rent due date.

Background

Lease signer's relative viewed the property multiple times prior to tenant move in (tenant was on vacation out of State).  Relative brought deposit within a day of viewing to secure rental.  Tenant signed lease without personally viewing house.  Lease was signed and returned 10 days prior to move in.  The lease started on 8/20, tenant moved into house on 8/22, on 8/23 tenant informed us they could not live in the house because of safety concerns (not with house, but because someone was loitering across the street in the commercial lot under construction). Tenant sent an email with her intent to vacate. On 8/24 the tenant vacated the house.  Tenant acknowledged in writing the landlord did not have control over the commercial space.  Tenant also advised they could not park in the garage which would improve her safety (see house details).  Safety due to the surrounding area is the crux of the argument and the tenant feels we should have warned her.

Tenant details:

Tenant has worked within a 1/2 mile of the house for over years according to application.  This includes one building of employment within two blocks.

Side note - 

We owned the house for ten years, lived in the house for five years with no issues or safety concerns.  A prior tenant that lived in the house for five years also had no safety concerns.

House had large Camphor tree (invasive in FL) in the back yard which was removed just prior to move in due to safety and structural concerns (great for shade, but shed large branches and could lift foundation).  The tenant was informed as a courtesy prior to move in of the tree removal.  Tenant was also advised the back yard would be landscaped as tree killed grass (since completed).  

Post: New Investor from Florida

Jeremy AndersonPosted
  • Investor
  • Reno, NV
  • Posts 3
  • Votes 0

Hello BP,

I have been reading the forums and listening to podcasts for months and figured it was time to jump in.

I currently have one property that has fluctuated from a primary residence to a rental over the last 10 years (unfortunately purchased near the peak). We have recently transitioned it to a rental once again and am looking to build the portfolio.

I am looking forward to continue the learning through BP. Thank you for all the support provided.  

Jeremy