QNS.com reported that residents of an apartment complex in Glendale, Queens have complained of odors emanating from the unoccupied units as a result of their landlord’s extreme hoarding.
At the heart of investment real estate is often times the lease. Well-crafted lease agreements can create value for both landlords and tenants, and poorly designed agreements can do just the opposite. Be as careful and thorough as possible when negotiating this real estate contract, because it is exactly that, a contract. Those who fall into bad times or those who do not protect themselves sufficiently can find themselves saying “I should have put that in the lease!”