Sentences with phrase «term rental tenant»

90 % of Vacation rental guests are great, but even the worst of the bunch are better than a long term rental tenant that destroys your property.

A long - term rental tenant of ours moonlights by helping me with our short - term rental.

Not exact matches

If the wrong term is selected, a tenant will likely end up paying more in rent for a space that doesn't work for the company than what was saved by paring 5 percent from the asking rental rate.

Also own two commercial rentals with great long term tenants.

Even so, property owners can easily make twice as much money through short - term rentals as they can by finding permanent tenants.

For example, if you secure good rental tenants for the long term, they'll in essence help you pay down your mortgage balance, which in turn increases the equity from your property investment.

If you (as the owner or tenant) are considering hosting short - term rentals, please read the information below carefully to determine your eligibility and the type of license you should be applying for.

However, the report focuses largely on commercial hosts, who don't live in their units and rent them out for income, raising concerns of possible evictions «if a landlord concludes that they can earn more from short - term rentals than from a long - term tenant.»

The first is the company's very consistent and dependable stream of rental revenue and AFFO generated by STORE's highly diversified collection of long - term leases, from high - quality tenants.

She says repair requests from longtime tenants were ignored while the short - term rentals were renovated.

NEW YORK CITY — Illegal hotel complaints increased 62 percent last year because short - term rental sites such as Airbnb are violating the law, hurting efforts to provide affordable housing and placing the safety of legal tenants at risk, elected officials said Tuesday during a marathon City Council hearing.

John Banks, president of the Real Estate Board of New York, said illegal short - term rentals pose safety and quality of life issues for building residents while the building owners are the ones who get stuck paying the fines for the illegal actions of their tenants.

If you approve new tenants, determine rental terms and approve expenditures, you have met the test.

I understand the power of leverage, and the wisdom in shelling out minimal cash for a deposit on a mortgage loan whilst having the tenant's rental income service the overall bond repayments, but when comparing the long - term returns with that of equity, is the admin and the headaches worth it?

They've even modified their rental terms — offering an initial three - month lease, with scheduled visits to the property to help determine if the tenant is «a good fit.»

Roofstock was able to help Bryce invest in a cash flowing Single - Family Rental house in Florida with the peace of mind that the property had been thoroughly inspected and would have a long - term tenant in place.

Just know that O is a commercial retail REIT that generates rental income from its 5,000 + freestanding commercial properties thanks to long - term net lease agreements it has negotiated with its tenants.

That means positioning their properties to attract and retain tenants to earn stable rental income, as well as strategically buying and selling assets to build long - term value.

Management decisions that may count as active participation include approving new tenants, deciding on rental terms, approving expenditures, and other similar decisions.

Under this structure, EPR will buy a new property and then lease it back to the former owner (now a tenant) under very long - term and inflation - adjusted rental agreements.

(B) Except in the normal performance of duty as a mobility or signal aid, this paragraph does not prevent the owner of a housing accommodation from establishing terms in a lease or rental agreement that reasonably regulate the presence of guide dogs, signal dogs, or service dogs on the premises of a housing accommodation, nor does this paragraph relieve a tenant from any liability otherwise imposed by law for real and personal property damages caused by such a dog when proof of the damage exists.

Facilities, Legal and Accounting, Master Antenna / Cable TV, Common Maint / Repair, Telephone Service In Unit, Internet Access, Single Level, Outdoor Pool, Restrictions, Security, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Internet Access, Lawn Maintenance, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Indoor Pool, Tile, Call Front Desk, Elevator, Smoke Detector, Furnished, Oceanfront, Inside City Limits, Ocean View, Double Sink, Tub, Shower, Vanity, Garden Tub, Lvr / DR Combo, Central Heat, Central Air, Electric, Slab, Electric, Cable TV, Electricity, Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Oven, Microwave, Range Hood, Stainless Steel Apps., Granite Countertops, Closing

By portraying yourself as an honest tenant, preparing yourself for your tenancy up front, educating yourself on your lease terms and rules, and making reasonable requests using the proper channels, it is very likely that you will have a happier and more successful relationship with your landlord and a more pleasant stay in your rental property!

Situated in Mokopane, Budget Accommodation Monthly Rentals offers affordable accommodation, ideal for contractors and long - term, temporary tenants.

But recent reports are suggesting a very different story: in cities like Vancouver, London and New York, sites like Airbnb are actually contributing to a growing housing crisis by diverting rental stock that could have been rented to local, long - term tenants instead.

Assuming there is no fixed term, then for a month - to - month tenancy, the tenant must provide one month's notice to end the tenancy, with that month ending at the end of a rental period (i.e. the day before the next payment would be due).

You own a residential rental property, and want to clarify the terms of a rental agreement before leasing the property to a tenant.

13 Upon the expiry of this fixed term of Rental, if no instruction has been received by either the Landlord or the Tenant, then the Agreement shall become statutory periodic.

A Lease Agreement is the written documentation of your rental agreement — and while everyone will have different needs there are certain terms that should be included in every Lease Agreement: rent amount, lease term, an pet policy are items that should probably be worked out before you or your tenant move in.

That report was followed by public consultations with and written submissions from various stakeholders including short - term rental platforms, neighbourhood associations, condominium industry associations, tenant advocates, hotel and hospitality representatives, and various provincial government ministries.

Paradoxically, the Firm's litigation team has also prosecuted Tenants for illegal sublets or unlawful rentals for a profit on short term rental sites such as airbnb.

The lender can agree to honor the terms of the lease even if the landlord defaults on the mortgage, so long as the tenant remains current on their rental payments.

The broader term, «tenancy agreement», which includes all agreements made between landlords and tenants concerning the rental of premises will be used.

The tenant served notice that it wished to exercise the option to renew in time but failed in negotiations to agree to the new rental rate at least 9 months before the end of the original term as required in the lease.

If, on the date specified as the end of a fixed term tenancy agreement that does not require the tenant to vacate the rental unit on that date, the landlord and tenant have not entered into a new tenancy agreement, the landlord and tenant are deemed to have renewed the tenancy agreement as a month to month tenancy on the same terms.

Converted townhome from long - term tenant rentals to nightly rental agreements.

Drafted rental agreements with long - term (6 months +) tenants.

Property Management — Duties & Responsibilities Coordinate regular maintenance and repairs as well as emergency resolution through the efficient management of maintenance team and general / sub-contractors, also participating in restoration and renovation projects to ensure timely completion within designated budgets Develop annual property budget and monitor with monthly variance reports, preparing financial statements and various regular and ad - hoc reports on property status, including occupancy rates and lease expirations Provide relevant oversight and administration to tenant build - outs, utility service termination and transfer, supply purchasing, and building consolidation processes Support firm management to aid in effective customer service, maintenance, and general property operations, delegating important tasks and assignments while overseeing all critical management aspects Organize, manage, and execute all aspects of the lease process, facilitating the ease of operational aspects as well as price / term negotiations, rental agreement reviews, rent collection, impounds, and tenant eviction as necessary Generate increased revenue through tenant referrals as well as consistent lease renewals through effective service and timely issue resolution Identify and develop talent among hired staff and property personnel, utilizing focused training efforts within a performance - based work environment designed to utilize the critical strengths of assistants, supervisors, and techs Provide continuous assessment of property usage and needs, while furnishing oversight and guidance regarding effective preventative maintenance programs, renovation considerations, and cost reduction / control measures Maintain a strong working knowledge of the leasing property, respective marketplace, and general economic trends Act as a liaison between clients, vendors, sales personnel, support staff, and senior management to facilitate information flow and drive operational efficiency

At a low - enough price, we might even be able to generate enough revenue to market the home as a long - term rental — that would dramatically lower the costs, as property management fees drop to 10 %, utility costs are borne by the tenants, and extra marketing site fees disappear.

Pricing on sale - leasebacks are tied to long - term interest rates because buyers typically use long - term debt to finance acquisitions, and those costs are passed on to tenants in the rental rate.

Depending on where your property is located, short term rentals can be more profitable over high seasons, but keep in mind that you'll need to find tenants for quiet periods during the year.

Look for properties that are in nice, middle - class areas, near jobs and good schools; this will increase your chances of attracting long - term tenants while avoiding the costs that are often associated with rentals that are located in more exclusive neighborhoods.

The tenants say they found their former residence listed on short - term rental sites like Airbnb and HomeAway.

Treat your rentals like a company, protect yourself and tenants with an airtight lease, and ensure that renters have fully read and agree to the terms.

ft, and I plan to use it as my AirBnb short term rental, behind the SFR that houses my long term tenants.

«The problem is that while growing technology tenants would prefer short - term leases, and even if landlords wanted to concede term length, the historic highs of rental rates, coupled with the increased regulation and costs of construction, mean that the dollar outlay can not be amortized over lease terms that are so short.

«This acquisition provides our investors the trifecta of attributes we actively seek for our portfolio, including: a liquid market with strong fundamentals, excellent tenant credit characteristics and a long - term remaining lease duration with annual rental rate increases,» said Michael Escalante, Griffin Capital's CIO, in a statement.

One app, Rentberry, focuses on long - term rentals and uses its own form of cryptocurrency, BERRY tokens, which the company says can save tenants money through a crowdsourced approach to rental security deposits.

I'm also considering areas like Montclair and Bloomfield because of easy NYC access - they seem like they could be safer with longer term tenants, but I'm not as familiar with the rental markets.

Therefore, in my experience, 3 - or 4 - bedroom houses tend to make the best rentals because they attract long - term tenants, which cuts down your vacancy expenses.