12 month tenancy agreement

[Perry]

What?!

Why not just burn the house down and be done with it - a lot simpler.

Is that with or without the nonpaying tenant in residence?

Depending on it's length, a FTT seems to have a lot
going for it. I'd also suggest (Wayne) that a non-payer
can occur in a commercial situation, too. And nearly all
commercial leases are 12 months or longer. If the tenant
goes belly-up, it's no different to a residential non-payer,
generally speaking.

[Glenn]

Well actually I subscribe to Waynes view also. So much can go wrong with tenancies. Even so called good ones can go belly up. You can start with decent people then the man walks out and the lady can get some low life in there because she is desperate or what ever. Happens all the time. 90 days seems like forever waiting for a dog owning incumberant to leave. But this sure beats waiting 360 days.
Just try getting someone out that is noisy or selling drugs or what ever. I have never had a commercial tenant cause that sort of trouble but I have had one or two slow paying commercial tenants.

[Perry]

Interesting, Glenn. Sounds like the voice of experience
when you refer to post relationship break-up rental woe
syndrome.

My notion that 3 months, comprised of two short term
fixed term probationary tenancies is a safe way to go is
somewhat negated by what you describe. Maybe I'll
avoid 12 month FTTs, from now on?

[Glenn]

well Perry the tenancy problems after various affairs of the heart (or some other part of the body) are rotten.
These are the hardest ones to call because the people have been so good for so long. They tell you all the inside story on who has done what and that is enough to turn me inside out. I am one of those boring types one girl friend one wife one marriage. Nice having the world to myself. the down side is I have not got a clue about what they are talking about. So when the rent stops coming to you the first reaction is that they will see your right. Who on earth wants to turn into a beast and reward many years of faithful stewardship by kicking someone out and taking some of their benefit. This is why property management is such a growth industry. You have to be mad to do it and get mad doing it.

[SuperDad]

I am one of those boring types one girl friend one wife one marriage.

Its not that boring when they're all at the same time

[[email protected]]

Hi booyaah. AS no one else has stated the obvious, get the owner to ring or email me. I'd love to buy the property and keep the tenants in, subect to a bit more info about the property. This would make everybody happy!!
[email protected] or 021 567427

[Perry]

I am one of those boring types one girl friend one wife one marriage.

Its not that boring when they're all at the same time

Especially if they're all the same person!

[booyaah]

Hi all

thanks for the advise and comments, at this stage hes not too sure what he is going to do but will keep in touch.

cheers