 lease for outside stora (by Marlene [WA]) Mar 4, 2015 4:32 PM
 lease for outside stora (by OPM [OR]) Mar 4, 2015 5:17 PM
lease for outside stora (by BRAD 20,000 [IN]) Mar 4, 2015 8:58 PM
lease for outside stora (by PC [WA]) Mar 4, 2015 9:32 PM
lease for outside stora (by Vee [OH]) Mar 5, 2015 4:06 AM
lease for outside stora (by Dan [MA]) Mar 5, 2015 6:24 AM
lease for outside stora (by Marlene [WA]) Posted on: Mar 4, 2015 4:32 PM
Message:
State Specific Question About: WASHINGTON (WA)
I am renting outside storage space in an empty space behind my house. I am also providing electricity to the spot. I would like to write some sort of a month to month lease for the person who is renting. He is paying $500 a month to rent. That's cheaper than the going rate around Seattle for outside storage with no electric. But, he's a friend. --98.203.xxx.x |
lease for outside stora (by OPM [OR]) Posted on: Mar 4, 2015 5:17 PM
Message:
Hi Marlene...
So it sounds like you are asking for suggestions..
1. Describe the storage.
2. how and times of access.
3. Hold harmless clause..
4. no flammables, working on machinery, or noise, no growing or illegal activity.
As this would not be controlled by LL/tenant law see if there is a statute in WA about storage.
5. check with your ins co.. to be cool.. accidents do happen --207.55.xxx.xxx |
lease for outside stora (by BRAD 20,000 [IN]) Posted on: Mar 4, 2015 8:58 PM
Message:
Marlene,
When you say "outside storage" do you mean camper parking?
I'd check zoning for legality, so you are not fined.
Check insurance so your house is not cancelled due to some clause about it now being a rental.
Rule #3: Never rent to friends or relatives. You are going against the advice of experiences landlords. I know, YOUR friend is different than the hundreds of posts here by LLs who lost money and the friend.
You are already losing money by lowering the rate.
-BRAD --67.175.xx.xxx |
lease for outside stora (by PC [WA]) Posted on: Mar 4, 2015 9:32 PM
Message:
Remember renting out is not a Charity. While he is a friend you will probably have to make decisions at arms length, and what was a friend can turn quickly into a legal mess with more drama then what you expect.
Also it will not be covered under LL/Tenant Act, so you will want to make sure to draw up the how the agreement can/will end. In storage land this can be a good thing if done right as there is no eviction process. Basically don't pay then stuff is moved out. --50.125.xxx.xx |
lease for outside stora (by Vee [OH]) Posted on: Mar 5, 2015 4:06 AM
Message:
Dear friend, I value your friendship more than the cost of my rental space, good luck, lets go to lunch after you get settled. --75.94.xxx.xxx |
lease for outside stora (by Dan [MA]) Posted on: Mar 5, 2015 6:24 AM
Message:
Don't do it, unless you don't value the friendship very much. --50.169.xx.xx |
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