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3 August 2024 | 14 replies
Tenant shall have abandoned or surrendered the Premises if any of the following events occur and if Tenant’s personal belongings have been substantially removed, and Tenant does not appear to be living in the Premises in Agent’s reasonable judgment :Tenant’s move out or notice to vacate date has passed; Tenant is in default for non‐payment of rent for 5 consecutive days; water, gas, electric, or any other service for the Premises connected in Tenant’s name has been terminated or disconnected; Agent is in the process of judicially evicting Tenant for any reason; and Tenant fails to respond for 2 consecutive days to any notice posted on the inside of the main entry door to the Premises stating that Agent considers Tenant to have abandoned.
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2 August 2024 | 20 replies
The lease clearly outlines the tenant responsibility and I'm notified of past due accounts which can lead to a 10 day notice to comply or vacate.
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2 August 2024 | 10 replies
Buying an investment here also gives you a reason to vacation here and use it as a tax deduction.
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1 August 2024 | 10 replies
The beauty of the smaller is that this market is historically a "vacation market" and a couple's getaway market and that has not changed.
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1 August 2024 | 5 replies
If I don't hear from them (or if I intend to non-renew their lease) I send them a 30 day notice to quit when we're 30 days out from the lease termination date.I state in the lease that I'm allowed to post "For Rent" or "For Sale" signs on the property and / or post "For Rent" signs in the window of the unit which is to be vacated, and further state that the tenant agrees to showings of the property with a 24 hour notice.
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2 August 2024 | 5 replies
However, there are alternative financing options you can explore for your Short-Term Vacation Rental (STVR) properties:Cash-Out Refinance: This allows you to refinance your existing mortgage and take out some of the equity as cash.
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31 July 2024 | 11 replies
I posted a few times while my wife and I were looking for our vacation home.
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31 July 2024 | 11 replies
However, a loan officer suggested getting a vacation home loan, then transferring the property to an LLC.
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31 July 2024 | 46 replies
Hello @Nancy Bender Margaritaville has pros and cons like any other vacation community.
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31 July 2024 | 6 replies
Have you asked the tenant to vacate the property so you can sell it?