12-23-2018, 09:06 PM
In the end, it is mutually beneficial to come up with an agreement rather than to go that route.
I just had a tenant who broke the lease, we agreed that he would continue to pay rent until I find a replacement including any tenant placement fees. It wound costing him about $3,600 and we both were happy in the end. Plus the new tenant wound up renting at a slightly higher rate. Turnover in rentals can actually have benefits especially when people are renting at a slightly lower than the market rate.
I just had a tenant who broke the lease, we agreed that he would continue to pay rent until I find a replacement including any tenant placement fees. It wound costing him about $3,600 and we both were happy in the end. Plus the new tenant wound up renting at a slightly higher rate. Turnover in rentals can actually have benefits especially when people are renting at a slightly lower than the market rate.
MA in progress
Certificate in the Study of Capitalism - University of Arkansas
BS, Business Administration - Ashworth College
Certificates in Accounting & Finance
BA, Regents Bachelor of Arts - West Virginia University
AAS & AGS
Certificate in the Study of Capitalism - University of Arkansas
BS, Business Administration - Ashworth College
Certificates in Accounting & Finance
BA, Regents Bachelor of Arts - West Virginia University
AAS & AGS