Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 over 3 years ago,

User Stats

14
Posts
4
Votes
Neera Melwani
4
Votes |
14
Posts

Rental Term Question

Neera Melwani
Posted

Hi BP! I have a SFR rental in Austin and it is currently occupied by 4 roommates, and their lease is up at the end of July. 3 out of the 4 tenants would like to renew their lease, and they found a fourth roommate to cover the vacancy. The new tenant doesn't want to move in until October 1 because of her other lease, and the tenant who is leaving agreed to stay an extra two months to cover the delta. Would it be beneficial to me to have them do month to month for 2 months, then start a new lease starting Oct 1? My hesitation there is that I know summer is a great time for people to move so if they decide to not renew next year it could be easier to fill the spot in August rather than September. But, I also get two more months committed if we go through September. What would you do?

Loading replies...