Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

Account Closed
  • NJ
3
Votes |
33
Posts

Offering a 6 month lease to good tenant?

Account Closed
  • NJ
Posted

The lease would end in November, but the tenants are great

Most Popular Reply

User Stats

13,926
Posts
12,727
Votes
Replied

I prefer M2M for all my tenants. It gives you much greater control over tenants especially inherited tenants.

The length of time tenants stay is not related to the length of their lease. They all leave when ever they want or need to go. There is a reason why they asked for a 6 month and what you offer them will have no impact on that. If they are planning to leave in 6 months and you force them to sign a one year they will simply break it when they need to leave.

I would leave them on M2M and require that they give you 60 days notice. 

Loading replies...