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Updated over 9 years ago,

User Stats

56
Posts
9
Votes
Peter Lee
  • Real Estate Investor
9
Votes |
56
Posts

Month to Month Lease or Kick Them Out!

Peter Lee
  • Real Estate Investor
Posted

So, my tenants for one year lease is expiring the end of July and I know that they are actively looking to purchase a property.  My property is within a really good high school and school starts the end of August.

My question is, should I let my tenant go on a month to month or kick them out as it's prime season to get a tenant who would appreciate the nearby high school?

My tenants have been good, and always pay on time, but I have no idea how long it's going to take them to find a house and if they leave in November, I could be losing months of rental income as hardly anyone good moves during the holidays.

Thanks.

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