All Forum Posts by: Jonathan V.
Jonathan V. has started 2 posts and replied 7 times.
Post: SOLD! $45,000 profit to start the New Year.

- Portland, OR
- Posts 7
- Votes 2
Congrats Omid, that place looks beautiful!
Thanks for the post - very inspiring
Post: Portland Property Managers

- Portland, OR
- Posts 7
- Votes 2
Post: Property Manager recommendations Portland & Wash County?

- Portland, OR
- Posts 7
- Votes 2
Post: Tenant leaving before lease end

- Portland, OR
- Posts 7
- Votes 2
Post: Tenant leaving before lease end

- Portland, OR
- Posts 7
- Votes 2
Hey BP,
One of my tenants has a "family emergency" and is planning to move away permanently by the end of November (still has 6 months left on lease). They also want to leave the furniture because they don't have the money to ship it.
I told them they must find a way to get rid of the furniture, either sell or donate it.
The real problem is: this tenant has terrible credit and probably very little money saved (I inherited this tenant when I bought the building), so I won't be surprised if they just leave with no notice and leave everything behind.
--> Is there any way to gain leverage in this situation short of legal action? Technically they would owe one month's rent for breaking the lease early, and they still haven't paid for November. Deposit is only half of one month's rent, too.
Thanks!
Post: Moving into an already rented unit?

- Portland, OR
- Posts 7
- Votes 2
Post: Moving into an already rented unit?

- Portland, OR
- Posts 7
- Votes 2
Hello BP! This is my first post, and I'm really excited to become active on the forums.
I'm scheduled to close in one week on my very first property - a 4-plex in Beaverton, OR (just west of Portland).
All four units are currently rented; only one is mo-to-mo and has already expressed interest in moving out (at least according to the seller). This will be an owner-occupied investment, so whether the tenant actually wants to move or not they must vacate no later than 60 days after closing (seller has provided the written notice). This means I may have to manage the property for up to 60 days with a tenant who probably feels pretty indignant. What can I do to make the transition as smooth as possible?
Thanks in advance!