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Updated almost 3 years ago on . Most recent reply

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Joel Adams
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Joel Adams
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Joel Adams
  • Investor
  • Milton, on
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General Landlording & Rental Properties

leases

Joel Adams
  • Investor
  • Milton, on
Posted

I have a property in Memphis that I want to rent . I own it with no Bank Loan but I am wondering should I set up a yearly lease or a month to month since I am free to do this?

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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

I only do month to month. A long term lease ties the landlords hands much more than the tenants, IMHO.

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