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Updated almost 4 years ago,
Tenants vacating properties early
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