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Updated over 3 years ago,
Lease Renewal Advice
Hey team,
I remember @Brandon Turner saying that early summer (June 1) is the best time for leases to renew. I currently have a 10 unit and am under contract for another 13 units. When writing new leases, I make the end dates on 5/31. My question is should I stagger these dates in case a few of them don't want to renew at once? These are good tenants in a nice building so it's slightly less risky, but what is a good rule of thumb?
Is it best practice for all the leases to renew at the same time?