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Updated almost 6 years ago,
Tenant wants to extend lease by 1 month
I have tenants that with a lease expiring at the end of May. They've already given me notice that they are leaving at the end of their lease because they are buying a house.
They just asked to extend their lease through the end of June to get everything wrapped up.
My partner doesn't want to extend because he says that a June 30th move-out date will be too late in the summer to easily get someone else in.
Any thoughts on this? I know early summer vacancy would be ideal, but do you see any major shifts from early summer to late summer traffic in your rentals? I haven't had an issue with this, but I only have one rental that falls into the late summer turn-over time.
*I am already advertising and plan to start showing the property prior to their move-out.