 $1700 ELT Today (by BRAD 20,000 [IN]) Aug 13, 2018 6:18 PM
 $1700 ELT Today (by NE [PA]) Aug 13, 2018 6:24 PM
$1700 ELT Today (by LordZen [MA]) Aug 13, 2018 7:03 PM
$1700 ELT Today (by Vee [OH]) Aug 13, 2018 7:06 PM
$1700 ELT Today (by Barb [MO]) Aug 13, 2018 7:17 PM
$1700 ELT Today (by BRAD 20,000 [IN]) Aug 13, 2018 8:30 PM
$1700 ELT Today (by fred [CA]) Aug 14, 2018 3:46 AM
$1700 ELT Today (by LeePookie [IN]) Aug 14, 2018 4:25 AM
$1700 ELT Today (by plenty [MO]) Aug 14, 2018 4:36 AM
$1700 ELT Today (by bet [MA]) Aug 14, 2018 5:00 AM
$1700 ELT Today (by S i d [MO]) Aug 14, 2018 5:13 AM
$1700 ELT Today (by BRAD 20,000 [IN]) Posted on: Aug 13, 2018 6:18 PM
Message:
NE’s post about gaining a puppy premium reminded me how many people argued against charging an Early Lease Termination Fee when I first started posting about it. Now it’s a common method among forum-ites.
Today we recieved a $1700. Cashier’s check and 60 day notice in an envelope. The note said they bought a house and were ending the lease according to the ELT clause, wanting to leave on good terms.
ELT gave them the opportunity to buy and leave. Happy to pay it for the freedom it allowed. They want FREEDOM!!! as much as we do.
$1700 out of nowhere- gotta LOVE this biz!!
FREEDOM!!!
BRAD --68.50.xxx.xxx |
$1700 ELT Today (by NE [PA]) Posted on: Aug 13, 2018 6:24 PM
Message:
It's a beautiful thing. --50.32.xxx.xxx |
$1700 ELT Today (by LordZen [MA]) Posted on: Aug 13, 2018 7:03 PM
Message:
Hi BRAD 20,000, that sound very juicy and interesting. That is because you have a year lease? This does not happen on a Month to Month tenants, right?
(1st time home buyer here). --66.30.xxx.x |
$1700 ELT Today (by Vee [OH]) Posted on: Aug 13, 2018 7:06 PM
Message:
Great to help do things we always struggled with before you got us trained, Thanx Brad --76.188.xxx.xx |
$1700 ELT Today (by Barb [MO]) Posted on: Aug 13, 2018 7:17 PM
Message:
Congrats! --64.251.xxx.xxx |
$1700 ELT Today (by BRAD 20,000 [IN]) Posted on: Aug 13, 2018 8:30 PM
Message:
Annual leases make me money. If this had been MTM, no ELT and second month (60 days) of rent.
The money came today with their keys, AFTER they paid for August.
BRAD --68.50.xxx.xxx |
$1700 ELT Today (by fred [CA]) Posted on: Aug 14, 2018 3:46 AM
Message:
Brad,
What did you do with the S.D? --99.59.x.xxx |
$1700 ELT Today (by LeePookie [IN]) Posted on: Aug 14, 2018 4:25 AM
Message:
That can buy a lot of Ballpark Brats! --96.31.xxx.xxx |
$1700 ELT Today (by plenty [MO]) Posted on: Aug 14, 2018 4:36 AM
Message:
Tenants here must be smarter in their approach to dates. As I've never had one use the ETF but they do like the idea at lease signing. Sorta a freedom of you are not held hostage here. --99.203.xx.xxx |
$1700 ELT Today (by bet [MA]) Posted on: Aug 14, 2018 5:00 AM
Message:
good For you Brad. Since our lease renew end of July, many folks move June and leave money on the table. One year I made over $5000 in ETF. I do a better job of explaining to them them it is a fixed term lease with defined start and end date, not a MTM. We call it a 2 month buyout. Just had a mTM person pay up cause they didn't want to leave on bad terms. lol, they are leaving on bad terms. W --108.20.xxx.xxx |
$1700 ELT Today (by S i d [MO]) Posted on: Aug 14, 2018 5:13 AM
Message:
Awesome, Brad. That'll put some gas in the Porsche for awhile...maybe even get you a new pair of fuzzy dice to hang from the rear-view mirror.
One clarification: I thought you were only doing RTO's now, in which case weren't they already buying a house from you? Or was this a hold over renter from former days who finally decided to take the plunge? --173.19.x.xxx |
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