Property Management or Do-It-Yourself Landlord
Purchasing properties and leasing them out has long been an excellent method for investment-minded individuals to build an impressive portfolio of assets. Leasing properties allows individuals to pay down their mortgages and possibly have an...
What Is a Lease Agreement?
A lease agreement is simply a contract between a landlord and a tenant that states what the tenant will pay monthly for rent and for how long. Lease agreements, like many contracts, tend to intimidate some people because much of the language...
What Are the Differences in a Commercial Lease?
There are many distinctions between a commercial lease and a residential lease agreement, and if you are planning on starting a business, it is vital that you completely understand the differences. Unlike a residential lease agreement,...
Should You Consider the Sublease Contract?
When to Use a Sublease Contract There are many life events and circumstances that occur that can affect the ability of a tenant to maintain a contractual lease. It is not uncommon for a career change to occur at any time, and it is possible...
The Lease Option - A Long-Term Property Solution
Lease Options Are More Flexible Although similar to the lease purchase, the lease option has some differences that make it a more viable option for potential home buyers who need a little more flexibility. The lease option is an instrument...
How to Terminate Your Lease
A real estate lease agreement is a binding contract between you and your landlord; therefore, if you need to prematurely terminate your lease, there are legal and financial consequences that you should take into consideration. There are...
The Benefits of a Month-to-Month Lease
Fixed Term vs. Month-to-Month Leases In today's rental market, the most popular type of agreement is a fixed-term lease that can have a duration of a year or more depending on what is agreed upon between the landlord and tenant. Fixed-term...
Sell Your Home or Lease It Out?
Alternatives to Selling Your Home Outright There are many reasons why people want to sell a home, but one of the most common reasons is that they plan on moving to a new location. When this happens, most homeowners put their home on the market...
Is Owning a Home Better Than Renting?
The question of whether to rent or buy a home has long been a topic of much debate. There are many pros and cons on both sides of the argument and the best decisions are made based on the needs and circumstances of each individual. There is no...