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Updated almost 13 years ago,

User Stats

123
Posts
26
Votes
Josh Sterling
Property Manager
  • Property Manager
  • Wyandotte, MI
26
Votes |
123
Posts

Month to Month or 1 year lease

Josh Sterling
Property Manager
  • Property Manager
  • Wyandotte, MI
Posted

I've always done 12 month or longer leases, I've even offered discounted rent for signing a longer lease term.
But lately I've been hearing a lot of talk about month to month leases on Bigger Pockets and at my REIA.

If you think about it a long lease really does nothing for the landlord. If a tenant wants to leave, they are going to.
If I want them to leave, I will have a hard time getting them out if they have a lease.

Maybe it's time to make a change?

What do you do? What are your reasons?

Thanks,

-SR

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