Month-to-Month vs. Long-term Leases

Рет қаралды 9,996

Күн бұрын

Пікірлер: 42

@CheekyCreole 3 ай бұрын

5:24 You should definitely be lenient with them just because someone is not a good person doesn’t mean you shouldn’t be. So I’m glad that you chose to give them 30 days or 60 days.

@genew5758 Жыл бұрын

I generally give one of my tenants some slack when paying her rent. She’s always like two weeks to a month behind. I only do this because she takes care of the property and she’s struggling. I don’t mind helping out those who are taking good care of my property. She’s even hung light fixtures and painted the walls.

@2024johnstown 3 жыл бұрын

Very good advice and hope your handsome daddy doing well. Thanks you very much. God’s bless you and your family

@NextSurvivor 3 жыл бұрын

Great to see a new upload! I'm currently house hacking with one tenant, and we're doing a 6-month lease followed by month to month. Gives me a good amount of time to lock in the rent, but it's also not too long of a time that either of us can decide to move on if it's not working. Great video.

@vancester1st 9 ай бұрын

Great videos! You do an amazing job covering landlord topics. If you started making content again regularly, I think your channel would explode.

@Jerrodbasketball 2 жыл бұрын

This is great information. Thank you so much.

@roguecthulhu6002 Жыл бұрын

I don't know what happened where you live, but in NE Ohio, during the eviction moratorium, it was not possible to evict a tenant for ANY reason , because the local Courts simply CLOSED. They would not hear ANY eviction cases. It took me two years to evict a tenant who stopped paying during the pandemic, and now he owes me $15,000 which I will never be able to collect.

@sophiang2593 7 ай бұрын

Hi Mandy, You manage properties in Batesville AR? Thank you ,

@sihlenkumanda424 Жыл бұрын

I lost my job I'm on month to month lease my landlord had already sent a bill for the following month.I lost a job after I was already billed now he says I owe him the rental if I don't pay I'll be blacklisted 😢 Please advise he says I should have notified him within 20 working days but I was dismissed with immediate effect on last days of the month

@chetanbisariya9352 2 жыл бұрын

Great video, that's what i experience when i rent my apartment in Toronto

@genew5758 Жыл бұрын

I prefer doing month to month. Many will disagree with me. I personally feel month to month makes it much easier to ask tenants to leave. Generally, you only have to give them a 30 days notice.

@romanhut2917 Жыл бұрын

Can you do 6 month lease ? I am seriously thinking about becoming a landlord . I would love to do a six month lease .

@versatileduplicity9313 2 жыл бұрын

For landlords, the long term is better. Month to month is usually good for the ones living there. Landlords and tenants are like opposites

@forgiveandmoveon 2 жыл бұрын

Great video and thanks for sharing. However, don't feel sorry for people's children because it's not your responsibility. Furthermore, parents will use there children to gain sympathy from the landlord and take advantage of them. Month to month is excellent when you have experience with a tenant who's been renting from you for awhile. I plan on changing the yearly lease to month to month for more flexibility so it can make it easier for eviction if I have to go this route. Being nice to people will get you no where in this world and will drain your energies. Vampires comes in all different disguises. Take care!

@samanthamills6403 3 жыл бұрын

Great video!

@ItsMandy 3 жыл бұрын

Thanks!

@glendarivera7824 2 жыл бұрын

Is there a grace period for month to month agreement?how many days? And due date falls on a saturday and Sunday is that means they have right to pay on monday? We're in Wisconsin and have a tenant that always late.

@dangeroreilly2028 11 ай бұрын

Not an attorney, but I can tell my Ohio experience as LL. A rent is due on the day it's due, not days later no matter what day of the week. Unless it may be the lease document specifies a grace period. In Ohio, if LL has accepted a few months of late rent, he can't suddenly evict for another late rent. UNLESS he sends letter that says- we have been accepting late rents but this is notice we can not continue to do so(or something like that).

@JacobDover-s4m 4 ай бұрын

Andrew Abraugh and Jacob Dover 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

@DermaGlowOasis Жыл бұрын

Honestly I’m so scared to be a landlord 😭 But I’m in the process of being one any tips ?

@ChristieBlake-vu1mc Жыл бұрын

Hello Mandy where in arkansas do u have houses for rent

@roadtoexoneration3960 3 жыл бұрын

Hey Mandy. I love the videos and I’m taking a lot of your advice with finding tenants. Do you have an email or is there a way to contact you about a mentoring sessions?

@ItsMandy 3 жыл бұрын

Thank you! I definitely don't feel knowledgeable enough to mentor anyone, but I would be happy to try and answer any questions you have. My email is narkvet@gmail.com

@danielsimard1954 2 жыл бұрын

@@ItsMandy Hi Mandy, May I contact you as well for some questions? I am new to real estate investing and am devouring books, podcasts, youtube content (I love yours!), etc.. Thanks! a+

@-Silly-Willy-0 3 жыл бұрын

I do my leases like you too. Like to lock in early for the stability then month to month. What are you using these days for property management since Cozy is gone? Loved Cozy

@ItsMandy 3 жыл бұрын

I'm using Apartments(.)com. I like it just as well as Cozy for collecting rent, but it's not as good for listing properties and collecting applications.

@Tiffanynyc2323 10 ай бұрын

Why would you wanna increase rent

@Paol3555 Жыл бұрын

How can they live without water

@nancywilson346 2 жыл бұрын

IN THE STATE OF TEXAS THE TENANTS HAVE TO PAY THEIR OWN WATER BILL AND SEWER BILL AND THEIR OWN LIGHT BILL! 😁😁😁😊😉☺☺😝😝😄😄😀😀😃😃😄😜😜😜😜😉😁😍

@greenlightchronicles7198 2 жыл бұрын

hey.. maybe I can teach those tenants how to become land owners .. with adverse possession 🤣. and with a 30 day notice can become a hostile possession