Quote from @Leeling Chew: Hi all,My tenant's lease expires on December 31, 2024, and converts to a month-to-month tenancy with a $150 rent increase.

In CA, there are a lot of tenants that have leases that state a higher rent to go month to month when the lease expires. 

Because the owners of Licensing Experts pay ALL CASH, the closing usually occurs 3-6 weeks, which is very fast compared to traditionally financed commercial deals I've seen on Bigger Pockets.The whole thing hinges on their very clever technique of getting existing commercial retail tenants engaged, willing to move into their newly acquired properties who are coming up for a lease renewal or lease expiration, rather than marketing for new commercial tenants - which would take way too long.Licensing Experts is somewhat of a "front" for their Mentorship Platform, as they evidently have many of their own separate entities for which they use to actually purchase and close on their commercial properties assigned by their mentees. 

One of the key benefits for memberships is that it's a lifetime membership (no ongoing fees or expiration date).

It's set up to roll over when the lease expires. 

The rate cap, capped at 5.45%, will expire in January of 2025.

His lease is expiring soon.

The current bill is set to expire in 2026 ending the tax credits for these investments.

But if that period has expired, what would be your reason to terminate the contract?  

Expiration of leaseNonpayment of rentBreach of tenant's statutory dutiesBreach of lease termsIllegal conduct or serious nuisanceThank you for your help!