Amanda Bradley
1 yr lease ending 2/2/2025
7 January 2025 | 5 replies
The lease should automatically switch to a month to month agreement after the expiration of the 1 yr. agreement.
Joe Gettler
Pursue Monthly Rental in San Francisco with my 3 unit?
2 January 2025 | 11 replies
Walking score of 95.Pre COVID rental numbers:Monthly gross rent $15,250Cap rate 7.1%Future rental numbers:Estimated Monthly gross rent after current tenants move out $13,950Cap rate 6.5%Because monthly rent looks to be about 20-30% more if you rent by the month, I am considering renting out my duplex for monthly rentals on Airbnb/other sites and potentially for travel nurses (ideal because several hospitals are walking distance to my house).
Brittney Yang
BEST WAY TO RUN NUMBERS ON A 4 UNIT PROPERTY. 2 STRs and 2LTRs
2 January 2025 | 1 reply
Hey @Brittney Yang, feel free to reach out.
Clare Pitcher
Leasing In the Winter Months
20 December 2024 | 3 replies
@Clare Pitcher we do 12+ month leases to avoid vacancies Nov-Feb.If we take over an occupied property, evict or have tenancy-abandon a property, we first let the owner know finding a tenant will take longer than "normal".This opens up owners to understanding they may need to:1) Offer 3D tour and floor plans to stand out2) Price more aggressively or be prepared for aggressive price reductions3) Offer MoveIn Specials:- NOTE: we do NOT recommend offering a month of free rent that can be used at MoveIn.
Amanda Bradley
Renew lease or not
30 December 2024 | 0 replies
My tenants lease is due to end 2/2/2025, is it 30 day notice or 60 day notice of non renewal in CA?
Sami Gren
WHAT to do when adding a tenant to an existing lease?
7 January 2025 | 16 replies
If there's six months left on the lease, there's six months left on the lease.
Hai Le
Vacating unit at end of lease
2 January 2025 | 1 reply
@Hai Le - Usually you have to provide written notice / 30 day notice if you decide to not renew their lease or even just asking a tenant to leave.
Mike Conner
Investor wants to trade properties - seeking advice
9 January 2025 | 1 reply
I think it would be better just to stay on good terms and let him know you will contact him when you are ready to sell.
Alan Asriants
The realities of when you start acquiring more units - unexpected vacancy
8 January 2025 | 6 replies
As it relates to lease end dates I've seen two things work here. 1) You can stagger end dates as mentioned above or 2) you can optimize for summer - this works better for us in areas where you see students or families with school age children moving to align with the summmer months.Separately, this is a great argument against month-to-month leases.