6 February 2019 | 3 replies
Current lease has restrictions that prevents subleasing without LL's written consent.As for who to sublease, he's thinking of his military friends who would stay for a short term (3 - 6 months) after which he's planning to replace them with others.I see a lot of posts here in BP where the current tenant wants to move out or terminate lease early in which case transferring or finding a replacement tenant makes sense.
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8 February 2019 | 5 replies
Renting the property would help cover taxes, but won't prevent sister S trying to force the sale.
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7 February 2019 | 15 replies
@Adnan M.What’s to prevent you from doing both?
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2 March 2019 | 152 replies
When we made a visit after many years under their management, we found all sorts of issues that could have been prevented if the tenant had reported them earlier (rotting floors from leaky toilet, etc.)
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7 February 2019 | 4 replies
You get the property under contract to prevent someone else from buying it out from under you or bidding the price up.
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8 February 2019 | 20 replies
Even if someone knows how to use a fireplace, the stacks need cleaning to prevent chimney fires.
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15 February 2019 | 17 replies
If you do feel your rents are low, you can probably us a strategy of nuisance raises - $25-$50/mth per year increases to prevent the tenant from moving - it isn't much of a raise, but at least it's something PLUS you continue to get the appreciation.
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16 March 2019 | 58 replies
My assumption is they are just saying that as a way to show a “need” for replacement.Lastly, having required them to get a pre settlment inspection would not have prevented this.
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11 February 2019 | 6 replies
I can only imagine the amount of permits and their costs would prevent you from doing this unless you have large cash reserves.
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9 February 2019 | 14 replies
So they tend to work with other good people.Screening is the primary way of protecting your investment because it's 100% easier to prevent a problem than to try to mitigate damage (figuratively or literally) after you have one.Obviously get a security deposit, though you're limited to one month's rent as I mentioned last night.That sound basic, but I can't tell you how many tenants want to move in and then give you the security deposit over time on a "payment plan".