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Re: Enlisted in Reserves, now how can I proceed - Landlord Forum thread 361008

Re: Enlisted in Reserves, now how can I proceed by Garry on December 13, 2020 @23:02

                              
Could use some more info-----when did the lease start, and when does it end? How much is she paying you for rent? If you say you are $400 under market rent, why do you want to increase the rent by only $40? For the next 5 months, WHO is going to pay you the rent, and WHEN?

My opinion : You need to quit being a charity or a non-profit, and take your LANDLORD title back. When the lease ends, you should raise the rent by $100, and allow the lease to become a M2M. You do NOT need to change your lease except for the rent amount, and making it a M2M. It's her choice as to who stays with her kids, but SHE will still be the person responsible for the rent, utilities, and upkeep on your rental. That said, you will still need to get names, addresses, phone numbers of anyone staying there.
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