Imagine if you paid for a hotel and they started checking people in before you checked out

@NipseyHoussle I don’t mind it when I’m voluntarily leaving the lease early as long as getting someone in gets me off the hook for my lease faster.

@bwinterrose Entirely different situations

@NipseyHoussle We manage +1000 units and lease 30-40 units per mo. 1. It actually slows down the leasing process to show it while occupied—I actually have the data. And yes owners think it helps, but it hurts. 2. It is a contract everyone signed, so welcome to grownup land. 3. Tenants are…

@carkerpox My point isn’t that it’s not in the lease, I’m just sayings it’s redacted

@NipseyHoussle Contracts are a thing. Don’t like the terms? Don’t sign the contract.

@NipseyHoussle It would get “priced in” and the cost would tilt towards benefiting “1 and done” lease holders, and negatively impact multi-year tenants.

@NipseyHoussle Sure, no problem, will just increase the rent to cover the 1-2mo of lost rent each turnover.

@NipseyHoussle 💯 the time is accounted for. Principle says you don’t disturb the tenant for your own greed.

@NipseyHoussle "if you enter my apartment without my permission I will consider it a hostile act, and I'll be waiting with my shotgun to deter any intruders"

@NipseyHoussle I don’t re-list for rent until tenant is out. Allows time to determine security deposit refund and repairs. Many owners dislike it bc they want to market as soon as they know the tenant is leaving. No way Jose.

@NipseyHoussle It’s covered in the lease chief. Don’t sign it then.

@NipseyHoussle Reducing vacancy is how we keep the monthly rental rates reasonable.

@NipseyHoussle There are lax laws in place unfortunately. Gotta find a good legal team to start paving the way forward. 48 hour notice is kinda ancient.

@NipseyHoussle It’s in the lease and if it wasn’t vacancy loss would be higher. I’m sure they would remove it you wanted to cover the extra month of vacancy spread over the term of your lease.

@NipseyHoussle They don’t have to let you show it in most states. You can do inspection but not showings. I usually offer to buy the family lunch out to do 3 hour open house (or movie/drinks/popcorn) and most are cool with that. For folks wanting to vacate early, I do make that a requirement…

@NipseyHoussle put it in the lease one way or the other Tenant can demand it be banned in the lease and the owner can choose not to rent to them or rent to them at some premium

@NipseyHoussle Nah, renew your lease if you care so much.

@NipseyHoussle Ask for that in the lease when you sign it. Landlord will either not rent to you or will increase the rent by 8.3% on a 12 month lease. Bank on it.

@NipseyHoussle I mean….just look at the lease and read what it says.