My lease is up at the in of April and I would like to renew but the house needs some work. I was built in the 50's and it still has the bad wall paper and appliance and oter things. Can I get him to do some changes before renewing my lease?
2007-03-18 02:39:56 · 6 answers · asked by ball 2 in Business & Finance ➔ Renting & Real Estate
The best thing to do is talk to him and see what could be negotiated. You can try to convince him that he will need to do it anyways and by keeping you he wouldn't loose that income. You could also try to see if you could do the work and have it taken off your rent. There are a number of ways that both of you could win.
2007-03-18 02:47:24 · answer #1 · answered by ttpawpaw 7 · 0⤊ 0⤋
Just ask. Tell the landlord that you like living here and would like to stay but you would like to help him or her update the place. Explain that eventually if you do move out they could probably ask a little more because of the updates. Also, like the others say, if you provide some free labor maybe they will add a new appliance each month or two. Point out that even the resale value will go up for the owner. If these things don't work, which would be to my surprise, then get out. Depending on your situation I must ask why do you rent instead of purchase. Rates are ridiculously low and a lot of sellers and agents will make strange deals to help you get into a place because that's a sale for them. It is free to talk to a real estate person so get some advice. Real estate is a good deal 99% of the time. We bought our first home in north Idaho, panhandle, and in just 3 years we made 14 thousand when we resold it. The only things I did to it was paint the inside, put a new wood stove pipe to replace the old one, replace windowsills in the basement which was easy, then I put a rain gutter along the front of the house which stopped water from making the basement damp. I now have a home in south Florida and the only thing I did so far was put a new roof on. It is now appraised at a 35 thousand dollar profit after just 5 years. With it being a buyers market I might try to purchase a rental myself and have some others pay my mortgage for me. Either way good luck
2007-03-18 10:03:08 · answer #2 · answered by Any Key! Push Me 7 · 0⤊ 0⤋
You need to ask. Some landlords will be happy to make changes to keep a good tenant, but some only put in what they need too. If the appliances work then it may be hard to get those changed since they are expensive. Thr to offer a work in exchange for rent for the wallpaper. See if the landlord will take off some of your rent if you inprove the property. I've done this with painting a house I rented in college.
2007-03-18 09:46:42 · answer #3 · answered by duediligencebeforeinvesting 2 · 1⤊ 0⤋
its almost certain that he wont want to lose you as a tenant its to much trouble to find somone else. so make your demands but be fair remind him you have been a good tenant to him always paid etc... you are willing so sign a new lease but first you need some things done state what they are see what he says he will probably do them as he cant afford not to if you move out he doesnt know how long it will take before somone else moves in which means he gets no money, hes not gunna let that happen.
2007-03-18 10:59:50 · answer #4 · answered by NICOLA G 2 · 0⤊ 0⤋
Talk to him about it. He may be a slum landlord and just want the place clean enough for the next tenant. Usually the deal goes if you supply the labor he supplies the parts or paint. Beware of you buy the parts, you labor and landlord reimburses for parts...although you could deduct from rent.
2007-03-18 09:49:07 · answer #5 · answered by Patches6 5 · 0⤊ 0⤋
Sure. Then he will raise your rent. Do your own wall paper. It dosn`t cost that much at Lowe`s.
2007-03-18 09:54:37 · answer #6 · answered by bill a 5 · 0⤊ 0⤋