Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Raymond Steffen

Raymond Steffen has started 1 posts and replied 1 times.

Post: To Lease or Not to Lease?

Raymond SteffenPosted
  • Posts 1
  • Votes 0

First post here...

My question/concern is this... good tenants will be good tenants regardless if there is a binding lease or not. Bad tenants will be bad tenants regardless if there is a binding lease or not.

I'm currently in a situation where I have bad tenants with a binding lease through August. If I didn't have a lease, I could simply say "get out" but I do have a lease and now I'm bound to it and need proof they broke the lease to get them out with an attorney.

So my question is... moving forward... Should I continue to use leases or not use leases?

Good tenants will be good... bad tenants will be bad. When I have a bad tenant I would love the luxury of saying "buh bye" without proof or attorneys.

Thank you

Ray