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All Forum Posts by: Eric N.

Eric N. has started 1 posts and replied 3 times.

Post: Difficult, unhappy tenants on a 3 year lease?

Eric N.Posted
  • Los Angeles, CA
  • Posts 3
  • Votes 0

Thanks for all the replies. 

@Dan Schwartz, the HVAC has been inspected multiple times recently, but tenants state that it still isn't close to adequate. No long term leases in the future. Definitely!

@Account Closed, definitely not trying to roast the tenants out of the unit. I'll be purchasing an additional A/C unit for the next summer. 

Post: Difficult, unhappy tenants on a 3 year lease?

Eric N.Posted
  • Los Angeles, CA
  • Posts 3
  • Votes 0
Hi- I have a 2 part question about covering hotel expenses when the a/c isn adequate and how I can get a tenant to leave if I have a 3 year lease agreement with them. We ended up renting our SFR in california to an individual who requires a caretaker. We agreed to a 3 year lease at the time because they requested it for "stability" reasons. It's been 4 months and the tenant continues to complain about multiple issues that our previous tenants had no problem with. It is an older house, and the A/C is adequate for all but the hottest days. But, they said the heat was dangerous for the tenant and caretaker and have moved into a hotel until we "replace the A/C unit." My questions are: 1.what are we responsible for covering? 2. Is there a way for us to suggest that the tenant can break their lease without us getting stuck covering the payments? Thanks for any insight in advance!

Post: Multi-Family Investing & Taking Action

Eric N.Posted
  • Los Angeles, CA
  • Posts 3
  • Votes 0
@michael reyes. I'm at the same starting point you are...CA resident, trying to get my feet wet in mulitfamily. Good luck to you. @Cody L. Any thoughts on the Phoenix mulitfamily market? Looks like there's more opportunity then CA, but still seems overpriced.