All Forum Posts by: Errand P Braithwaite

Everyone thank you for your advice and input. I did read the Landlord and tenancy act for my state and there is nothing specifically mentioned on this. However, we did due diligence and took her through the screening process she had good credit, passed background check but her income wasn't sufficient , former landlord spoke well of her. Said she had savings. But before process could go further there was something unrelated that happened that ended it. Which was a relief because I was uncomfortable not knowing the legalities and not being able to see any clear definition in my research. Also, the question of her salary not being sufficient according to requirements. So anyway , lesson learned. 

So I have an applicant who says she will pay 8 months rent upfront to get the house. It sounds a bit of like overcompensation to me. Is it a normal thing, and what is usually the reason tenants want to do this?

Ok thank you so much! I will think about that.

I understand Melanie the tenant is very problematic and I didn't want her to say that she didn't receive notice to vacate with enough time on the lease end date she signed. If I give her notice for October she may claim an automatic renewal and I don't want to renew. So I am trying to figure out what to do. If the 60 days should be with September in mind or October.

Hi David they delayed the inspection a little but then there were no structual changes. And so that took a while and they signed a contract with us a few weeks later. It was our first time dealing with section 8 and so we didn't have any clause that spoke to timing of possession of property. We should have probably done an update to the lease. But do we now need the lease end date to reflect same end date as section 8 contract? 

Hi guys If a tenant signed a years lease for September and then there are issues with section 8 and they moved in a month later in October do you create an addendum that changes the entire lease term or just change the end date of the lease. Payment only began from October.

Thank you Jason I will do that, thank you for the helpful info! Appreciate it!

Hey guys so we are new investors and we are looking at a property a 3B3B. The  zestimate was 57,000 lower than purchase price and another website (I forgot the name) had a much lower proposed purchase price. The house is newly renovated and looks great. Is there a way to help figure out what a fair offer is considering the reno but still know if this property is overpriced?