Episode 54
Replacing a Tenant
This episode of We Are TPM discusses replacing a tenant in the middle of their lease
term. The conversation begins by discussing the scenario of a tenant having already
signed a lease, but needing to move for some reason before the term is up. John and
Kyle explain why this scenario is beneficial, as it allows for a win-win situation for both
the tenant and the landlord. They also discuss the obligation of rent that still needs to
be paid if someone wants to move out early. To replace the tenant, the landlord is
obligated to go through a lot of effort and work, such as marketing, screening,
choosing, preparing contracts, and placing a tenant for the remainder of the lease
term.
This conversation continues with how to make it a win-win situation for both tenants
and landlords. Such as, having a process in place and a policy or statute for replacing
a tenant that can be beneficial for both parties. They explain their experience and
expertise with the topic and how to make it work for both parties.
Get the full details on replacing a tenant.
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We Are TPM
Teixeira Property Management
Mansfield, Texas
www.WeAreTPM.com
ShowMeTheMoney@WeAreTPM.com
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There are a vast amount of ways in today's world to build wealth using real estate and
investing, not just in property, but in yourself!
Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of
Teixeira Property Management bring you all of the knowledge and experience they can
provide for the confidence to achieve your investment goals, or how and why to create
them. Now, while John and Kyle have a ton to share, they will also be bringing you
interviews with some of their clients, industry partners, experienced investors, and
much more every week!
John and Kyle look forward to sharing the knowledge you need about arguably the
greatest investment vehicle that is available to the masses — Real Estate. Knowledge
is power, and John and Kyle intend to give you as much power as possible. It's not
always about the HOW, but also the WHY, and they will be digging into it right here
every week!