Prospective tenant wants six month lease

[Allen Collier]

This is my first property, and my first prospective tenant. They will be listing their home in another State next month. Currently, the wife just moved here as her husband has been in the area working. They are in an apartment right now. They want a six month lease, which will put it out to October. How would you guys handle this? Would you increase rent to compensate for shorter lease term?

[Allen Collier]

Thanks for your input! I haven’t decided what to do yet. But, I’m thinking and extra $75 per month. That would cover one month of expenses after the lease. However, the wife is pregnant and due at the end of the lease; I can’t imagine they would want to move at that time!