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Rental Basics in 55419 : Real Estate Advice

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  • Home Buying2
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Activity 9
Sat Feb 23, 2013
Bill Wallace answered:
Try going to www.hotpads.com and use the advanced tab to only select the option for rental types of "corporate housing". When I did that it does bring up a few options to choose from (not many though).

Of course you can always look at an Extended Stay motel option if you can deal with the small size for a couple months.

Bill Wallace
RE/MAX Advantage Plus
... more
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Tue Nov 26, 2013
Mark Claessens e-Pro NHSS answered:
I do believe it is Pink. I am not an attorney, nor expert, but I am involved with this area of real estate as a tenant representative and also as a property manager. If the place you are talking about has less than 12 units, they are not required by law to have a written lease agreement. And a verbal agreement will hold up in court easily enough. So if someone made a verbal commitment to rent you a room - let's say in a large house - for $450 a month....and then backed out or changed the rent on you......I believe they have an issue with you.

Two things for you, Pink.

One, here is a link to the Minnesota statute that governs all of this: https://www.revisor.mn.gov/statutes/?id=504B

Two, if you want to jump on my website below and shoot me a quick email, I will send you a copy of the booklet put out by the Minnesotat Attorney General's office called "Landlords and Tenants: Rights and Responsibilities".

I hope this helps you,

Mark
... more
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Tue May 1, 2012
Danny Dietl answered:
If the loan is FHA it may be transferable, but you would have to qualify. Be very cautious when searching this kind of thing on craigslist. I can not imagine a scenario where you would not have to qualify. ... more
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Tue Mar 27, 2012
Kris Lindahl Team answered:
Go to the home and ask the seller if they are trying to rent the home. If the home is vacant request the seller meet you at the home with proof of home ownership (Closing documents, mortgage statement, drivers license, etc.). ... more
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Mon Mar 12, 2012
Joel Friday answered:
I think the credit called for you to live in the home for 3 years minimum. Once that occurs, then you can do want you want with the home without penalty. Double check with your accountant to make sure as I am not an accountant, just going off what I heard. Give me a call if you have any questions regarding buying your next home or renting your current one. ... more
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Sun Mar 11, 2012
Mike Kelcher answered:
1. Be sure you want to live at the property in question.
2. Read and understand the lease before signing.
3. Document the condition of the rental unit noting any flaws in the condition of anything, and any repairs needed with photos and in writing, before moving in.
4. Get a Realtor to help you and answer your questions, in person, so you don't have to rely on strangers on a website to get answers. I know someone who can help with that...contact me for details.
... more
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Sun Aug 8, 2010
Anna M Brocco answered:
For any legal questions you may have, do consult with an attorney who specializes in real estate, he/she will be your best source of information as it specifically relates to you. As for the late rent--how was it normally paid--was it picked up at the location, mailed, etc., consider paying via method already in place--as for property manager and appointment cancellations--if you really would like to stay on the premises, consider suggesting a meeting halfway, or going to the manager's location, etc. ... more
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Sun Jul 11, 2010
Dianne Hicks answered:
0 votes 8 answers Share Flag
Thu Oct 6, 2011
Fred Griffin answered:
It depends upon what is written in your Lease Agreement.

What kind of Tenant do you have? Why do they want out?

See a Real Estate Attorney for Legal Advice.

Best wishes,
Fred ... more
0 votes 3 answers Share Flag
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