Noelle Geeting
Lease Transfer and Cash-Paying Tenants, Payment Options
I am under contract (closing 5/22) on a quadruplex in Austin, TX. Cash deal, using a wholesaler. All four units are occupied and the tenants are currently paying their rent via cash in person. I clearly do not want to...
Account Closed
Lease Option Contract Setup- What NOT To Do
Hello to the BP community.I am currently working with a RE lawyer to set up a lease option agreement as a seller. I have been seeing numerous posting about legal issues that come from a lease option from the sellers s...
John Oconnor
First & last months rent, No Lease signed
Hey everyone,I am sorry for bothering everyone, but I am trying to find an answer to a question of mine that a friend is going through. She has been through a lot after she had a kid with her bf, he got into drugs an...
Vickie Bruce
Leftover belongings after lease ended 3 weeks ago
My tenants moved out at the end of the month because I would not renew their lease. Problem is that they left lots of things that they say they want, but have not come back for. New tenants are asking what to do with ...
Justin Ford
Lease wording for discount for on time payments
Can someone help me with some legal wording for our lease regarding discount for on time payments. We are charging no late fees, but if they are on time, giving a discount. We are upping the rent by $50 and then givin...
Account Closed
Best Marketing Strategies to Sell a Lease Option?
Any help from someone experienced in selling Lease Option deals would be greatly appreciated!I'm currently marketing a home that I am looking to sell as a lease option, and have been having a little bit of trouble sel...
Jamelia Rabsatt
moving a tenent out (month to month lease)
Hello BP! I am a new landlord and I just rented out my condo on a month to month lease. It hasn't been a month and I am already having issues. I really want her out and I wanted to know what is the right way to do it....
Nicholas Lilly
How To Break Residential Lease Agreement in Texas
Breaking or terminating a lease agreement early can be a headache to the landlord. Regardless of the reasons, generally, the lease holds the tenant liable for the remaining rent until the lease agreement expires. This...
Charlie Moore
They broke lease but are still living there....
Broke the lease but I’m letting them stay. Am I required to give them security deposit back???? ( they didn’t pay for 50 days on late rent but finally got it paid up )
Christine Le
Commercial lease - commission paid on base rent only?
I was told that on a NNN lease, brokers should take a commission of X% of base rent (price per SF x SF) - not total rent (which includes NNN). That makes sense to me as NNN is just expenses that are passed onto the te...