Josh Darley
How to inform tenant lease will not be renewed
BP,
We have tenants paying about $400-500 under market value that we do not want to renew lease with in December. They have only been in the home for 18 months but are constantly late with rent. Each month the excu...
David K.
Tenant not giving firm date of vacancy
Hello! I've got a tenant who had said she was planning to leave the unit upon expiration of lease. Lease ends July 30, she tells me she will leave by August 1, or maybe the 15th of August. Nothing is firm. I asked ...
Vinson Lee
Is rent due date based on the start date of a lease?
Hi I was wondering what some of you do in terms of setting a rent due date. I mean, I have a lease that is going to start on the 14th of March. It is a 12 month lease. I was thinking of having the tenant pay me the...
Sergio Aguinaga
Lease extension renewal question
Hello All,I have a simple question. I had a lease that started January 15, 2019 and it ended January 15, 2020 then I extended it until April 15, 2020 with a lease extension form. However, with COVID-19 happening, I co...
Ehab Shoukry
Lease has expired - Evict or Non Renewal Notice
Hi all -I'm curious when a lease has expired and you no longer want your tenant to live in the property, is an eviction required or can you just send a letter to move out?I ask because I am about to buy six SFHs and a...
Daniel Lioz
Property with Billboard lease, easement and lien
Hello BP community,I have a question about re-negotiating a billboard lease after the property sale. I am currently looking at a nice property that has a very strange (to me) contract for billboard lease. The lease h...
Michael Stole
For how long is a listing contract valid?
Usually for how long is a listing contract valid? That is, how long does a listing agent have the exclusive right to sell your house? Is that specified in the listing contract?
Lucas Croteau
Inheriting tenants on a new purchase
I am closing on a three unit property in the coming weeks. Each of the units are currently occupied with longer term tenants (4+ years). I will be owner occupying this property and need to give notice to one of the te...
Riley Jordan
Annual Rental Increases
How are you wording annual rental increases in a new lease agreement and how much are you increasing?
John S.
Property management contract
I have a property management agreement that is agreed upon that they manage for a year and that I need to give 30 day notice to cancel the agreement. If it is 6 months into the contract and I want to switch property ...