Month to Month Lease or Kick Them Out!

[Peter Lee]

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.

[Gilbert Dominguez]

First of all you waited way too long to address this issue. You should have given them some kind of notice that you need 30 days, they should notify you 30 days in advance of their lease being up as to whether they intend to sign a new lease or vacate the premises.

You have the right to actively seek another renter or someone else to lease to. Do not put yourself in a position where you are not sure if your property will be leased or not through the winter months. Since you have waited until now I would notify them to either sign a new lease or let you know if they intend to vacate the premises. Simple as that the rest will be just your business as usual. Next time do not wait so long.