Original Lease term is up, Now What?

[Neal Bratton]

Just wanted to get some feedback from other landlords on what you do when your original lease term expires.

My lease states that after the initial period, the agreement remains the same but on a month to month basis. 30 days notice for move out or implement any rent adjustments (pretty standard) The properties are located in Indiana.

So should I be pushing for another year commitment or just roll on as is until they turn in there move out notice? I don't really need to increase rents as I am collecting all rents on time and all close to market rates. I'm just not sure about letting these summer months go by and then have them move out in December making it slightly harder to fill vacancies.

Any thoughts or discussions on the subject would be great.