
9 September 2014 | 11 replies
They usually pay above market rent for the location, so when the lease comes due, they have the owner over a barrel to renew.

23 October 2014 | 6 replies
Make sure you post pictures and renew the craigslist ad every 3 days.

21 October 2014 | 4 replies
You need to honor the old lease and then when it comes ton to renew have them sign yours.

28 October 2014 | 9 replies
We just found out our servicer might not be able to work with us this year unless her big commercial client renews.

27 October 2014 | 14 replies
Also recommend daily posting/renewing on craigslist

24 October 2014 | 10 replies
This problem surfaces mid-lease as well as when they want to renew with a new roommate.

12 November 2014 | 44 replies
My attorney's review of the additional clauses:I hereby agree that the Lease be subordinated to any Mortgage from Landlord in favor of LENDER and all additional and or future advances, thereunder, and to any and all extensions, renewals and modifications thereof, and said LENDER shall be and is hereby agreed to be made prior, paramount and superior to any of my right, title, or interest as tenant under the Lease and I hereby agree to subordinate any and all of my rights under the Lease to LENDER.Means that if I as the landlord fail to make payments, the bank could foreclose and after getting ownership, could terminate the leases even if the tenants are current on rent, because the interests of the bank trumps the interests of the tenants if they sign it.Further, in residential tenancy, the leases are month to month or yearly, so even if they are yearly, and say 1 month into the lease the bank commences on a foreclosure, by the time the bank takes ownership, the lease would have been over already.

26 February 2015 | 33 replies
I am very hopeful that they both stay when I raise the rent upon lease renewals.

22 January 2015 | 20 replies
Option to renew with a 5.9% increase. scenario 5/25Purchase Price: $800,000Equity: $240,000Debt: $560,000Interest Rate: 4.5%Fixed: 5 yearsAmortization: 25 yearsNOI: $60,000Debt Service: $37,352Cash Flow: $22,648Cash on Cash Return: 9.4%Cash on Cash Plus Prinicpal Paydown year 1: $35,053CoC+ PP return: 14.6%Debt at the end of 5 years: $492,004Let me know your thoughts
12 November 2018 | 41 replies
Finally, I refused to renew her lease after 12 months.