MTM rent rate is there a premium over a yearly lease rent rate?
For those who are doing MTM leases, do you charge a premium over the yearly lease rent rate? If so by what percentage?
My neighborhood is for the most part rentals are leased yearly.
I am near the end of a lease term with a tenant and am considering either a new yearly lease or switch to MTM.
If I renew a yearly lease I was not planning on raising the rent, but switch to MTM I am not sure.