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Updated almost 4 years ago,

User Stats

21
Posts
3
Votes
Jay Strickler
  • Investor
  • Ruston, LA
3
Votes |
21
Posts

Tenants vacating properties early

Jay Strickler
  • Investor
  • Ruston, LA
Posted

I rent about half of my 150 units to college students.  Every summer, even though they are on 12-month leases I have a high amount of vacancy simply because tenants move out without paying for the last month or two of rent.  As it stands today I have 13 openings.  Legal costs and the time involved make chasing these folks unprofitable. I am looking for suggestions or proven strategies that this audience has used to incentivize folks to stick it out to the end of the lease.  Thanks

Jay

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