Sentences with phrase «lost rent»

It really comes down to whether the extra time for me to do it will cost more in lost rent than hiring it out.
A happy tenant is worth 3 more days of lost rent in my opinion.
Business income insurance can help replace lost rents and profits — and provide related operating expenses to keep your business going while a building is rebuilt.
This means if your landlord can't find a replacement tenant immediately, or loses rent because of your move, you'll probably have to pay the difference.
Plan for higher vacancy rates, management fees, lost rent through incentives etc..
You also have to consider rising utilities like you stated, as most of the time they are passed to the tenant, which will lose rent paying power.
If not potential lost rent, marketing, holding cost Do I want to give the impression that I am not fair and not willing to make reasonable concessions?
Fast forward to today and I'm working with a real estate attorney recommended by my management company to recoup lost rent and damages.
Those that charge $ 400 for the SD rent their units faster and tend to end up chasing tenants for damages / lost rent through the court system.
A State Farm ® Rental Condo Unitowners Policy will protect your property, furnishings, liability, and even make up for lost rents if your unit is damaged and can't be leased due to a covered loss.
It may help replace lost rent payments if the property you are renting out is temporarily uninhabitable after a covered claim.
Indirect costs include lost rent until the space is leased, lost expense recoveries and any free rent or other concessions the new tenants would require, based on market lease terms.
I have a few grand of lost rent from several tenants.
Discovery, motions, and jury trial demands can increase legal costs and drag out the process, meaning further lost rent and wasted time.
He started well by targeting a popular UCLA sorority, but his ministry was close to collapsing after he and his wife lost their rented place near campus.
UPDATE: Bill also states that a tenant would lose their rent controlled apartment if they cast a vote from another location in any election.
Many of the people who will have to relocate fear losing their rent stabilization, said Assemblyman Micah Kellner, who met with other elected officials and the MTA Tuesday.
«With a typical monthly rent of $ 1,000 per month, that is a $ 3,000 subsidy in lost rent alone, excluding legal and application fees associated with the non-payment process,» Brescia says.
For those LL's with lost rents, I would contact every company involved and question their insurance policies and start looking for an attorney.
Sick of losing rent due to bad tenants?
between potentially losing this rent, and the (retail) cost to reverse the changes it looks like you're going to be over the security deposit anyway.
Although I was out money for lost rent because I maxed out the policy.
5k mortgage payment and 6.2 k lost rent if I went with scenario 1.
It may help replace lost rent payments if the property you are renting out is temporarily uninhabitable after a covered claim.
Then of course we can simply take the more normal route of pursuing a ruling in our favour for lost rent, repairs, cleaning costs, etc - we've been down that route successfully before.
Singer found that the complex's management kept some apartments vacant for as long as four years, which means the complex missed out on more than $ 400,000 in lost rent that could have been used to pay bills and offset the need for a steep rent hike, tenants say.
«If we lose the rent law fight this year, we'll walk away with some legislation that could be the end of rent stabilization and really the end of affordable housing in New York City,» Benjamin said.
However, if repairs are required due to the actions of a tenant, the tenant may be held responsible in court for the cost of those repairs, lost rents, and other costs.
Not only are we losing rent of about $ 850 / month, but we are paying to make some repairs / improvements to the property.
As a result of the mould infestation, the Powells incurred damages exceeding $ 141,000, including repair costs and lost rent.
I was very upset by this because there was no way we can get the apartment (the owner has said to me he doesn't want to lose any rent) but the owner checked our credit anyway.
Once & Future Queen will be screened here along with Verow's This Side of Heaven (2016), which also stars Abe, this time as an aging trans woman who might lose her rent - stabilized apartment.
I used to take my drawing students to the colosseo every semester; one day a man stood at its outer edge, threatening to jump off because he'd lost his rent - controlled housing.
leases that fail to meet statutory requirements, exposing the landlord to lost rents, or worse — liability to their tenant for damages;
However, if repairs are required due to the actions of a tenant, the tenant may be held responsible in court for the cost of those repairs, lost rents, and other costs.
If there's a fire or another covered event that makes your property un-rentable for a time, a typical policy would provide coverage for that lost rent, Doten says.
After evicting Faraday, the complaint says, Beim Maple hasn't been able to secure a new tenant, and claims that its lease agreement allows it to recoup from Faraday any lost rent it could've received.
The damages are the true variable which can far exceed any lost rent.
I could've saved money if I had hired someone because I lost rent for all those months.
Finally get him out while he is in jail for beating his wife find drug use in house $ 5K of rehab plus court, lost rent, and moving the wife out.
Point being, if you've got some undisclosed knowledge of the folks, it's a different story, but with the information given, I'd eat the lost rent and look at the next app.
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