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2 July 2018 | 11 replies
Even if they're under a current lease, those do come up for renewal.I'd find a way to call this tax out as a specific line item in your leases, just to stick a finger in the town's eye.
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6 July 2018 | 4 replies
I have two rentals both with tenants and their 1 Year lease agreement will be ending early next year.
2 July 2018 | 0 replies
I was recently contacted by a camera man who is interested in making a feature film at our property. It is currently vacant. I have reached out to some contacts I know in the movie biz for advice but wanted to see i...
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6 July 2018 | 5 replies
@Peace Lily Ok, so the 2nd & 3rd floor are 1 unit but you're renting it out on 2 separate leases?
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3 July 2018 | 2 replies
Fast forward 3 days later and we still don't have official application or signed lease, but they have sent us an email with extensive questions regarding the lease that have raised the last red flag (including a lot of quotes regarding state laws).
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29 November 2018 | 6 replies
Just set your tenants on 6 month leases and update the rents twice a year if it worries you that much.But if there are more restrictions, like a city-wide proposal that only allows you to increase the rents 3% per year, be on the watch for a MAJOR retaliation from landlords city wide.Here’s the thing about business-minded people… you can’t tax them.
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3 July 2018 | 13 replies
This decision is not easy so I just renewed my leases, and keep the rents coming until next year.
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5 December 2019 | 4 replies
We ended up putting a clause in the lease that we covered utilities (solid waste, gas, electricity, water, etc), but if any single bill exceeded $200 it would be charged as additional rent that was due with the next months rent.
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3 July 2018 | 1 reply
I wanted to get peoples opinion on the state specific lease offered through BP.
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2 July 2018 | 6 replies
Seller must provide an up-to-date lease agreement of every tenant (no month to month or handshake agreement)Seller must provide last 12 months of rent rolls (showing that every tenant is paying on time/no deadbeat tenant)If there is a security deposit, it needs to be signed over to the buyer at closing (so that the renter isn't required to pay another security deposit to start a lease with you)Is there a Property Management in place?