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Updated about 7 years ago,

User Stats

24
Posts
2
Votes
Stacy Patlan
  • Indianapolis, IN
2
Votes |
24
Posts

Bought my first Turn Key what to do with lease?

Stacy Patlan
  • Indianapolis, IN
Posted

Hello, We just bought our first turn key. We have a few rentals so we already have a pretty good system in place. My question is, the tenants are on a Month to Month lease, should we have them sign ours on a Month to Month basis? Not really sure if were going to want the tenants to stay but not quiet ready to kick them out yet. Also how do you approach a rent increase, the are well below market rent. How do you not scare away the tenant right away.

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