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General Landlording & Rental Properties
HomeForumsGeneral Landlording & Rental PropertiesMTM rent rate is there a premium over a yearly lease rent rate?
Sam Leon's profile image
Sam Leon's profile image
Sam Leon
  • Investor
  • from Fort Lauderdale, Florida
  • Member since Nov 27, 2012
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Sam Leon's profile image
Sam Leon's profile image
Sam Leon
  • Investor
  • from Fort Lauderdale, Florida
  • Member since Nov 27, 2012
Connect
Sam Leon
  • Investor
  • Fort Lauderdale, FL
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General Landlording & Rental Properties

MTM rent rate is there a premium over a yearly lease rent rate?

Sam Leon
  • Investor
  • Fort Lauderdale, FL
Posted Nov 23 2014, 15:55

For those who are doing MTM leases, do you charge a premium over the yearly lease rent rate?  If so by what percentage?

My neighborhood is for the most part rentals are leased yearly.

I am near the end of a lease term with a tenant and am considering either a new yearly lease or switch to MTM.

If I renew a yearly lease I was not planning on raising the rent, but switch to MTM I am not sure.

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