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I hate leases. If you land a great job out of town but you're in the middle of a lease you're screwed. Where I'm at now, it's month to month but the landlord jacked up my rent supposedly to make up for the eventual AC and repair jobs they plan on in the future. It wouldn't be so bad if I didn't have student and medical debt.
Just a few years ago most places didn't require one, now even the private owners want a solid year. Was just lucky enough to find one that did 6 months, hope to find something by the end of this year.
You can't just leave in the middle of a signed lease and say I have a new job.
I hate leases. If you land a great job out of town but you're in the middle of a lease you're screwed. Where I'm at now, it's month to month but the landlord jacked up my rent supposedly to make up for the eventual AC and repair jobs they plan on in the future. It wouldn't be so bad if I didn't have student and medical debt.
Just a few years ago most places didn't require one, now even the private owners want a solid year. Was just lucky enough to find one that did 6 months, hope to find something by the end of this year.
As I have to mitigate I much prefer month to month. This way I'm 30 or 60 days away from getting rid of a bad tenant. If I did short term leases I would charge mire per month.
I had all my tenants on a year lease. Once the lease term expired everyone went month to month. I still raise the rent every 3 years or so. I have costs that do go up eventually. If you can't pay you can't okay do we part ways.
Quote:
Originally Posted by moneymkt
You can't just leave in the middle of a signed lease and say I have a new job.
Sure you can. You just have to pay the penalties of breaking the lease. That's the problem. When most want to break the leases they signed but want no consequences for doing so. All of the sudden the L.L is doing everything wrong. Any excuse not to pay or get charged.
You can't just leave in the middle of a signed lease and say I have a new job.
I know that, I'm saying that if I get a job offer for a great paying job to move to another city I'm just screwed because of the lease. It sounds easier on paper to just get a house with some roommates, but I've had horrible experiences with roommates that don't clean after each themselves or expect me to shoulder the load.
You can't just leave in the middle of a signed lease and say I have a new job.
In our experience, that has been the most common event behind tenants wanting to break a lease. They get orders transferring them to a different duty station.
No I don't have cable. Yes I have a cellphone plan that cost me more than $30. No I don't eat out, nor have a car. I'm living paycheck to paycheck some paychecks...not every paycheck. But I remember when it was EVERY paycheck to paycheck. 8 long years and 4 of those with a 15% pay cut and a part-time job. During that time I moved twice. The first apartment I could afford if I do anything but go to work. The 2nd one I got was $280 less and a small studio. I had no furniture, just me and my two cats. I made it work for 6 years.
Most folks do live for today and some live trying to get to the future.
I've heard stories of people turning down promotions so they can qualify for housing lotteries here in NYC. I'm sorry I don't think that should ever be a thought in someone's mind...affordable housing or promotion?
JC,
Take a look at some lower cost cellphone plans. The cheapest all inclusive I've found are with Cricket and MetroPCS. They are $35/mo and $30/mo respectively. There's a new one I haven't tried called Mint. They are advertising $15/mo.
It's great that you aren't living paycheck to paycheck every time. That means that you likely have some savings. Once your current cellphone plan terminates, I can tepidly recommend with Cricket or MetroPCS. Their internet is slower. Their coverage is somewhat less but if you don't live in BFE, you probably won't notice. I travel a lot and so far have only had trouble in Bozeman, MT of all places. Everywhere else, I've always been able to make/receive calls/texts.
In our experience, that has been the most common event behind tenants wanting to break a lease. They get orders transferring them to a different duty station.
That's different.. Military people getting PCS (permanent change of station) must be let out of a lease.
It's not that different (aside from the laws protecting them).
The same sort of reasonable accommodation made to service members
(or something very close to it) should be available to civilians as well.
People move. It happens. For all sorts of reasons.
Structuring a lease like it's some sort of indenture doesn't help anyone.
Well then don't sign a lease with those type of conditions. If a person wants a month to month lease that's fine with me or they can bring it up to the LL or manager to see if they can negotiate such term. For me to do a MTM lease is 30% higher than a yearly lease monthly rate. Why? Because first and foremost you're paying for the convenience of being able to walk away with a 30 day notice. If that's that important to you and nobody is willing to give you that option and someone does then you have a choice.
Second is I am taking a risk of longer downtime if you leave in the "off" market time. So yeah I'm going to charge more for that risk.
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