2 November 2024 | 8 replies
Landlord can require tenants to be responsible for separately metered utilities, so can avoid waste.Landlord can get annual small increases in rent.NegativesMost of us don’t treat something we get for free the same way we treat something we’ve worked hard to obtain.S8 applicants claim “broke” and don’t like to pay application feesSame goes for security depositsS8 tenants, in our experience, tend to cause more property damage than non-S8 tenants. - Make sure you get a security deposit and perhaps do a surprise inspection of their current home.S8 requires an inspection (mostly health & safety) before approving a lease and then annually thereafter. - Not something most landlords taking care of their properties have to worry about.There are limits to clauses they allow in your lease.

8 November 2024 | 5 replies
Once the new tenant takes responsibility, release the original tenant from their obligations.

6 November 2024 | 6 replies
You need to be clear where each partnership starts and stops and make sure each person knows they are responsible for.I hope this helps.

6 November 2024 | 2 replies
Thank you for the response.

8 November 2024 | 31 replies
You should negotiate with them to see if they will be providing the maintenance at your property or if you will be responsible.

3 November 2024 | 3 replies
Last, what is the current market sentiment in Chandler these days (I see not stopping, only slow down at this point)?

4 November 2024 | 8 replies
You regretted getting into this 2 years later, you'll regret selling these properties shortly if they are in good areas of Durham.Fast solutions have slow problems.

8 November 2024 | 17 replies
They are responsible for picking it up.

8 November 2024 | 14 replies
@Chris Seveney,Thank you for the quick response and the clarification on VA loan assumptions.