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Updated over 2 years ago on . Most recent reply

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Henry Nguyen
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SFH lease over > 1 year

Henry Nguyen
Posted

Hi everyone,

My tenant wants to renew for 4 years, which align with her children high school tenure (i.e. they start high school next school year 2023). I just want to take a survey as to how much (i.e. % increase from current rent of $2,200) and how often (i.e. every year). This is for a SFH 4/3 ~ 1,800 SF in a nice community with man-made lake in Chandler AZ. Thank you for your help.

  • Henry Nguyen
  • Most Popular Reply

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    Bjorn Ahlblad
    #5 Multi-Family and Apartment Investing Contributor
    • Investor
    • Shelton, WA
    6,948
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    Bjorn Ahlblad
    #5 Multi-Family and Apartment Investing Contributor
    • Investor
    • Shelton, WA
    Replied

    Personally I would never do a lease that long under any conditions. One year is max for me, things change, people change. Stuff happens.

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