Renewals: Month to Month or make them sign a year lease?

[Eric Payne]

Hey guys, I was just wondering what you do to insentivize tenants to sign a new year lease after their lease is up. My thought is to say that rent will stay the same if they sign a year lease but it is subject to go up if they are month to month. Of course you want to avoid the lease ending in the winter months...any thoughts? Thanks!