Renew Lease or Month to Month?

[Bruce L.]

Hi guys / gals,

Just wondering from your landlording experience that when your tenant's lease is up (1 year), is it better to have them go month to month or have them sign a new one year contract?

My goal is to keep my tenants in place. I kind of feel that when you ask them to sign another year contract, they would be force to start looking and comparing other properties to yours, but when you do a month to month, most people are too busy and end up put off house hunting.

Your thoughts?