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Updated about 10 years ago on . Most recent reply

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153
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44
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George Moehlenhoff
  • Investor
  • St. Louis, MO
44
Votes |
153
Posts

So my tenant is moving out.... Advice

George Moehlenhoff
  • Investor
  • St. Louis, MO
Posted

We have advance notice that our tenants will not be renewing their lease in March.  They have asked to go month to month for a maximum of 3 months.  They are great tenants, always pay on time, but are looking for a house to purchase.

Any experiences you care to share with month to month?

Also do you customarily begin showing the property once they give their 30 day notice, or do you wait untill the tenant is physically out of the property? 

Does anyone else get nervous when they know they are going to be looking for a tenant soon?  

As always, all responses are appreciated.

Most Popular Reply

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5,752
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3,860
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Michael Noto
  • Real Estate Agent
  • Southington, CT
3,860
Votes |
5,752
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Michael Noto
  • Real Estate Agent
  • Southington, CT
Replied

Just ride it out with these tenants, no need to increase the rent.  Just because they say they are going to leave in 3 months doesn't mean they will.  Often times the home buying process is a lot longer than 1st time homebuyers anticipate.

  • Michael Noto

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