creative real estate investing

Click Here To Watch The Webinar Replay
 
  Search REIClub Website
Site Navigation

Investor Information
 Home
 Monthly Update
 Real Estate Articles
 Real Estate Videos
 Real Estate Success Stories
 Real Estate Blog
 Discussion Forums
 Free Investing Books, Audios
 Real Estate Books
 Investing Glossary
 Investing Abbreviations

Real Estate Products
 No Risk Guarantee
 Best Sellers
 All Investing Products
 Real Estate Courses
 Real Estate Audios
 Real Estate Ebooks
 Real Estate Books
 Real Estate Seminars
 Real Estate Games
 Special Offers

Investor Resources
 Hard Money Lenders
 Real Estate Clubs
 Proof of Funds Letter
 Business Tools
 Cashflow 101 Clubs
 Tax Appraisal Districts
 State Property Codes
 State Foreclosure Laws

Discussion Forums
 Beginners, Carlton Sheets
 Bird Dogs, Wholesaling
 Foreclosures, Short Sales
 Sub2, Lease Options
 Rehabbing, Landlording
 Financing, Hard Money
 Asset Protection, Legal
 Commercial, Mobile Homes
 Real Estate Marketing
 Random Ramblings

Site Information
 About Us
 Advertise on REIClub
 Contact REIClub
 Link to REIClub
 REIClub Facebook
 REIClub Twitter
 REIClub YouTube
 REIClub Testimonials



Cash Profit System,
No Cash, No Experience
Click Here Now!

--------------------------
REO Investing Experts
Reveal Their Secrets
Click Here Now!


Welcome, Guest. Please login or register.
Did you miss your activation email?
February 10, 2012, 09:34:50 PM

Home Help Search Calendar Login Register
Free Monthly Update
Name:
Email:
Click Here to Register for the Discussion Forums
Real Estate Investing Forums  |  Real Estate Investing  |  Rehabbing, Landlording Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: Rental Lease « previous next »
Pages: [1]
Print
Author Topic: Rental Lease  (Read 594 times)
hooktee
Member
*
Offline Offline

Posts: 2


« on: November 17, 2009, 06:22:57 PM »

Hi just finished total rehab want to sell but have renters who really want to rent can put into lease I have to option to sell the property any time with month to month lease? 
Report to moderator   Logged
justin0419
Member
*****
Offline Offline

Posts: 2024


WWW
« Reply #1 on: November 17, 2009, 06:29:16 PM »

You don't even need to put a clause in there like that.  A m2m lease is simply that - month-to-month.  All you have to do to end the lease is give proper notice of lease termination...generally 30 days (check your state laws). 
Report to moderator   Logged

If you like rock music, check out www.Lynamsucks.com
New Live CD is out.  Titled "Thank you, Good-night"
BLL
Member
*****
Offline Offline

Posts: 2015


« Reply #2 on: November 18, 2009, 01:49:45 PM »

You don't need any special language to sell the house. A lease follows the property. The only real issue occurs if your buyers want the place empty at closing.
Report to moderator   Logged
tatertot
Member
*****
Offline Offline

Posts: 1457


« Reply #3 on: November 19, 2009, 11:19:46 AM »

Keep in mind that if you put tenants into a freshly renovated house, you may end up re-doing a lot of the renovation. Occassionally, you get tenants who treat a house like they own it, but not very often. Rule of thumb is that tenants will tell you that they don't own it so it isn't their responsibility to take care of it.
Report to moderator   Logged
Pages: [1]
Print 
Real Estate Investing Forums  |  Real Estate Investing  |  Rehabbing, Landlording Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: Rental Lease « previous next »
Jump to:  



Login with username, password and session length

Powered by SMF 1.1.8 | SMF © 2006-2012, Simple Machines LLC

 
Anti-Spam Policy | Compensation Disclosure | DMCA Notice | Earnings Disclaimer | External Links Policy | Privacy Policy | Terms And Conditions | View Cart
©2002-2012 All Rights Reserved. REIClub.com