Angella's Real Estate Secrets & Insider Tips

For Landlords – Can Landlords Go After Lease Guarantors?

Can Landlords Go After Lease Guarantors? Q: My aunt and uncle agreed to sign as guarantors when my wife and I signed our lease last year. When the lease ended, we stayed on, paying rent but without signing a new lease. After a few months, the landlord and we crossed out the beginning and ending dates [...]

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For Landlords – What Happens After the Lease Expires?

What Happens After the Lease Expires? Q: I live in a townhouse and had a lease for the first year. When it expired two years ago, I simply stayed here and continued to pay the rent, as a month-to-month tenant. Management is now demanding that I sign a yearlong lease, and if I refuse, I’ll have [...]

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For Landlords – Who Pays For Tenant Ordered Home Improvements

Who Pays For Tenant Ordered Home Improvements Q: We rent a single-family house to tenants who have been there for several years. We gave them permission to build a new backyard fence and do some landscaping; they agreed to pay for it. The work was done and finished a month ago, and now we’ve received a [...]

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For Landlords – Renting To College Students

College renters stay year-round – Landlord unsure of deposit protocol Q: I have a rental home located near a college and have successfully rented to students over the past few years. Typically, all of my student tenants move out when the school year ends. This year, my current tenants are divided in their desire to stay or [...]

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For Landlords – Does Grace Period Exist For Payment of Rent?

Does grace period exist for payment of rent? Question: Our lease agreement states that rent is due on the “last day of the month.” Unfortunately, my husband does not get paid until the first of the month, at which time we do pay our rent immediately on the 1st. The landlord is claiming that he “must” [...]

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Protecting Tenants at Foreclosure Act of 2009

Protecting Tenants at Foreclosure Act came into effect in May 2009, provides protection for tenants, including tenants in housing subsidized by Section 8, who are living in homes subject to foreclosure. Highlights: Under the Protecting Tenants at Foreclosure Act: All tenants must receive a 90-day notice before being evicted as the result of a [...]

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Landlord Tenant Relationship – “Hard-Nosed” Landlording: Keep Your Tenants In Line

Landlord tenant relationship can be difficult or easy – it’s totally up to you, the landlord.  One way to make it easy on yourself is to set expectations up front.  As I had mentioned in one of my comments, I manage my own single family homes and condos within a 400 mile radius.  Yes, you [...]

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