[Oakland] Lease Renewal Advice

[Calvin Kwan]

Hey Guys,

I have a duplex in North Oakland w/ both units renting at market prices, if not a bit higher.  Lease terms are about to end, and I'm wondering if it makes sense to ask tenants to renew their 1-year lease.  Normally, this wouldn't be a concern, but I'm on Craigslist and see similar units renting for less.  If I ask for a lease renewal, I'm worried that the tenants may start looking at other options.  I want to keep them on board w/ a new lease, but I don't want to rock the boat and possibly lose them.

Should I let the lease transition to month-to-month and not say anything?  Or should I try to lock them in for another year?

Thanks,
Calvin