All Forum Posts by: Gerald K.

@Jimmy S. 

You should check your landlord-tenant law, but if we raise rent at the end of a lease, we need to give a 30-day notice at least before the end of the rental period. It goes both ways. They need to give us at least a 30-day notice before the end of the rental period if they are moving out. If they don't, they are responsible for the next month's rent. 

As always, if you haven't been paid for rent, you should find out their exact plan and post a 3-day notice to pay or quit or whatever is right according to your local landlord-tenant law.

@Brie Schmidt 

Congratulations! Thanks for sharing the inspiration!

@Curtis Dilworth 

You mentioned "All units are rented and all the tenants have one year leases" but how much time is left on those leases? If one of them is ending within a reasonable amount of time, maybe you could just terminate it the end of that lease. The bank may not require you to move in immediately, but rather that you have the intention to move in. Also, it's possible one of the four tenants would like to move if asked. Those are a few questions worth pursuing.

@Aaron Reynolds 

Welcome to BP! You'll find it a great site to learn and network with others. Much success! See you around the forums.

@Leonid Stakhov 

Welcome to BP.  Maple Valley is a nice area. We're over on Kirkland. You didn't, mention what kind of lawyer you're looking for - eviction or some kind of real estate specialty? 

@Mike Andes 

Welcome to BP. Wish I started investing in RE when I was 18 years old. It would have made a huge difference in my life. You're on the right track and will be miles ahead of others your age.

We drive through blaine on our way up to Vancouver, BC a few times a year. What is the market like up there for buy and hold investing?

@Sid Smith 

Welcome to BP. Nice to see another local join the community. Check out the "Learn" tab up top along the blue bar. It's a great place to start.

See you around the forums.

@Michael Molnar 

Welcome to BP. We're up in Kirkland. Sounds like you have a neat idea in partnering with others on a vacation rental - use it when you want, rent it out the rest of the time.

You could probably find a lot of info on that topic by searching (upper right hand corner along the blue bar in the [Search the site] field ) .  Also, check out the "Learn" section up top along the blue bar. Tons of great info for investing.

See you around the forums.

@Brandon Turner

I think we'll be there. The WLA conferences are always good for learning something new. We hope to meet you for the first time, but it feels like we already know you from all your posts and Podcasts.

@Olivia Story

Issue was previously discussed here