Jennifer Hollander
Tenant breaking lease-no clause in lease
My tenant informed me today that they will likely need to move out by November 1st due to job relocation. They are current on rent and have 'offered' their $750 (equal to a month's rent) damage deposit in hopes of th...
Ty Primers
Structuring a lease option and sandwich lease
How does one setup a lease option deal and use rent to own as the exit strategy ? I’m wondering How do I sell the idea to the seller to get it under a lease option agreement without putting a large down payment down a...
Michael West
Lease-option to Lease Back to BRRRR?
I like to consider myself a problem solver and really enjoy helping people out of touch situations. I'm wracking my brain on a few ideas and looking for a bit of insight or advice on a creative strategy such as this.I...
Enyi Ajoku
Opinion on lease agreement and lease amendment
Hello fellow BP,I have a little bit of an issue. I recently purchased a property with an existing tenant whose lease expires in next year. My main concern is this tenant is a smoker.Now the lease she she doesn't stipu...
Jeff Ryers
Lease musts outside the normal/standard lease
Time to draw up the lease. It is a duplex. Looking for suggestions for the lease that may be missed in a standard cookie cutter lease. Meeting with attorney in 2 weeks. Thanks!
Cassandra Weesies
Military Leased Housing / Leased Government Housing Program
Is anyone familiar with the Military Leased Housing program? It may be referred to as the 'Leased Government Housing Program'. I am a new landlord/property manager and have a prospective tenant asking if we accept t...
Mark Walker
Leasing strategy for 12-18 month leases.
Considering tenants are more likely to move during the summer months, do you think it's wise to schedule leases to expire during winter months? To discourage moving. TIA
Katy Logue
Tenant Signed Lease, Wants to Annul lease
Have a B property in an A area, had 3 serious inquiries within days of listing. We ended up with the property under 12 month contract on the first showing. This was 6 weeks ago for a lease that starts a few weeks from...
John Buchanan
Two Tenants - one lease or separate leases?
I have two new tenants moving in, unrelated, purely roommates unknown largely to one another. (they found each other to rent the unit)Should I have one lease, with both listed, or two separate leases?thanks
Hector Bermudez
Would you Lease or Not to Lease?
Hello BP,I am looking for some opinions on whether I should lease to an applicant or not. Here is the scenario:The unit is a 3/2 duplex unit for $1550 per month with a $3100 Refundable Deposit. The unit has brand new...