All Forum Posts by: Alex S.

Yes, they started as year-long leases, but the owner began thinking about selling a couple years ago and didn't renew the leases, just reverted to month-to-month for the last couple years. I need to double check, but I believe the month-to-month was an actual contract that stated the same terms as the year-long lease but without the year-long obligations.

Let them know you will be doing work on the property, and when you are done give a 60 day notice of rent increase. This gives them time to find new place if they want to leave and if they decide to stay sign a contract.

1 Vote

You should do your homework first, figure out what kind of properties you are looking for. Sing or multi etc...

0 Votes

Do you have their leases? Are they month to month or annual?

0 Votes

I would not decrease rent, I would tell them that you can lock the rent in for them if they sign longer term.

0 Votes

You can try Avail.co https://www.avail.co/i/Nezd I highly recommend them.

1 Vote

https://www.avail.co/i/Nezd

0 Votes

https://www.avail.co

0 Votes

$1 million liability minimum.

2 Votes

Ask them to provide estimate of hose replacement cost.

0 Votes

Get them coin operated dryer and washer.

18 Votes

All Forum Posts by: Alex S.

Alex S. has started 0 posts and replied 266 times.

Post: Protocol for inheriting tenants

Post: The right Questions to ask a real estate agent?

Post: Protocol for inheriting tenants

Post: Reducing rent for tenant for a longer lease.

Post: Property Management software/ Repair request online tracking

Post: Accounting for rental property software? Excel?

Post: rent collection software for office building

Post: What type of insurance do you carry for your rentals?

Post: Am i being taken advantage of with insurance?

Post: Repairs for Tenants who have not paid their rent yet