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All Forum Posts by: Michele F.

Michele F. has started 1 posts and replied 4 times.

Post: Let Renter Assign/Sublet/?

Michele F.Posted
  • Real Estate Agent
  • Cranberry Twp, PA
  • Posts 4
  • Votes 1

Hi @tomOtt,

This is what I decided to do.  The current renter is showing the place and then I will have a friend from the area (who I have know for many years) eyeball them for me to get their take on them.  

I have done the initial screening over the phone and always ask for current paystubs and salary to be sure they are able to pay if the showing goes well.   I was able to be there for the initial lessor, but hopefully with all this in place I will find a good tenant.  

Thanks for the information!

Michele

Post: Let Renter Assign/Sublet/?

Michele F.Posted
  • Real Estate Agent
  • Cranberry Twp, PA
  • Posts 4
  • Votes 1

Thanks @DanaHoffman & @WalterKey.

All valid points.  I have a few friends and my Realtor there that can do a walkthrough.

Also like the point that they pay until renter is in.

Appreciate the insight!

Michele

Post: Let Renter Assign/Sublet/?

Michele F.Posted
  • Real Estate Agent
  • Cranberry Twp, PA
  • Posts 4
  • Votes 1

Thanks Ryan.  So you suggest letting them out of the lease completely or having the new tenants sign and Assignment form?

Post: Let Renter Assign/Sublet/?

Michele F.Posted
  • Real Estate Agent
  • Cranberry Twp, PA
  • Posts 4
  • Votes 1

Hi,

Been a member here for a while but never posted before.  I have a tenant in a rental property (nice area) that have been great.   They have been there since this past June.  Getting married and want to get out of the lease at the end of Feb.  (Bought a bank foreclosure in the same area)

They are willing to help screen and show the property and are open to helping with getting pictures to post (they will do that too).  I live 16 hours away and won't be coming in to assist with the process.  It shouldn't be hard to rent though, I found them on the first day.

My question is, do I have them assign their lease so they still have liability or just start a clean slate with a new renter.  This is my first rental property so not sure I am thinking of all the + and -.  

Thanks!

Michele