Jordan S.
Lease Renewals - Going Month to Month
Hi All,Not trying to go through the pros and cons of MTM vs Term leases here, but I am wondering what other Landlords are doing when renewing a term lease as a Month to Month lease. We have an 18 month lease coming u...
Marco G.
Northeast Dallas Rent Increase on Renewal
What percent increase are NE Dallas landlords renewing leases for this year? My PM is suggesting a 7% increase after the first 12 months. Rental appreciation has been great in our area in the past year, but I’m wary o...
Bruce L.
Renew Lease or Month to Month?
Hi guys / gals,
Just wondering from your landlording experience that when your tenant's lease is up (1 year), is it better to have them go month to month or have them sign a new one year contract?
My goal is to keep...
Craig Norris
Re-New but Not New-New
Hey hey!I joined BP a more than a year ago after listening to a few fascinating podcasts. I was focused on some other things (kids, family, intentionally not doing real estate, telling myself I'll get around to it aft...
Brandon V.
Non-renewing Lease and No Rent
Hi All,I recently sent out a non-renewal lease notice to a month to month tenant on 9/29, saying their final day was 10/31. They texted me and confirmed that they had received the notice on 10/1. In that notice I al...
Matthew Wright
Rent increase notice and renewing lease
I have a acquired an 8-unit with all units occupied by TAW, and improvements are wrapping up, so now its time to re-up the leases and increase rent. Im thinking Ill email them to notify rent increase that will be effe...
Jerryll Noorden
When to renew your marketing list?
Hi everyone.I have been away for a while. After my first deal, things seriously went to hell, one lead after the other.I had stopped marketing after my second campaign back in April, and I really had to give everyth...
Clare Cui
Decent tenant now unemployed, renew lease?
Hello all, I have a tenant who overall has been a decent tenant (paid rent on time, let us know if maintenance issues etc) however her lease is coming up next month and she admitted to being unemployed for the past fe...
Ryan Johnson
Lease Renewal and Issues in Pittsburgh
Hi, Bigger Pockets. I currently own a duplex and have tenants from the previous owner who plan on renewing after their year lease is up. They are decent tenants who pay rent on time. Here are my issues: 1. The previou...
Mandy McAllister
Not renewing lease- no security deposit
We have a B/C property in the western suburbs of Chicago that we are renting to a couple we know (cardinal sin). My husband agreed to hold no security deposit, a rent $300 under market (leases at $1200, should be $150...