John McKee
Ground lease up for renewal
I have a property ground lease that is 15 years old and 3 years left on the lease. A Hired broker of the large chain restaurant wants me to contribute 100k toward improvements and in exchange they will extend the lea...
Melissa Gunther
Lease non-renewal letter sent
Lease is up 7/31/19. Not going to renew tenant’s lease. I sent certified letter stating that. What do I do now? Just wait until the 31st or do I need to do anything else in the meantime?
Susan M.
How to renew/extend lease?
I can't believe I have to ask this but I've not yet been in this situation. All of my tenants either moved after the first year or have been with me long term, so I've never had to renew a lease.My lease reads as foll...
Jay Thomas
Tenant Not Signing Lease Renewal
My tenant lease is up in 2 months and couple of days. Illinois requires tenant to notify landlord about lease renewal 60 days before lease end. Illinois also requires landlord to notify tenant of non-renewal 60 ...
Scott Weaner
Lease Renewal: Full New Lease?
I am happy to say that all of my tenants have agreed to renew for their second year with me, most with small rent increases.With my past renewals I have written a full new lease. Is this really necessary, or would a 1...
David Franklin
Raising rent on renewed leases.
I was reading a post on Facebook about terms in a lease. There were a lot of comments about raising the rent on every renewed lease. My question is if your taxes didn't go up nor your insurance and there was no other ...
Blake C.
Offering Discount for Early Renewal
I have middle income tenants in one of my properties. Overall, they have been good tenants. Clearly tenant turnover is costly (repairs, vanacy, work I have to do to fix it and show it). Have you ever considered giv...
Kelli Powell
Question about renewing a lease
I have wonderful long-term tenants whose lease ends June 30th. I purposely made it this way so that it doesn't renew in the winter. The tenants informed me that they are looking for a home to purchase and would like t...
Chris Duffy
Lease renewal for existing tenant
Newer landlord question - State: Florida - So I have a current tenant in place paying me $1425/mo. Her lease is up mid-march and I am increasing her rent to $1600/mo. which she is fine with. I'd like to draft up a new...
Elizabeth Lagattolla
Triple Net Lease Renewal - Questions
Hi - I have a commercial building that I'm leasing (triple net lease) that is due to come up for renewal after (5) years. Since this is my first commercial investment five years ago, the original lease/negotiation of...