12 months vs 18months lease

[Ayyoub Feza]

Hi, quick question, Do you recommend to sign lease with tenant for 12 months and then month-to-month, or 18 months lease? I am in this situation that end of 18 months will be October 1st, is that good time frame for renting market?

Thx,

[Nathan Gesner]

You ideally want the lease to end during spring to fall months. Property can be hard to rent in the colder months, particularly around the holidays.

I do 12-month leases because it keeps me on track with inspections, rent increases, and other things. Month-to-month is only allowed with a 25% increase to the advertised rent.