6 Month Lease or even a 9 Month Lease .....

[Michael Dunn]

For all those out there who have Rental properties ...... Have you ever done Leases on a 6 month basis ?   And what about a 9 month lease ?

Are 9 month rental leases common ?

Thanks so much 

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Originally posted by @Nathan Miller:

12 month leases seem the most common around here.  I think a 6 month lease is a good idea though for month-to-month landlords who want to ensure somebody isn't just staying a month or two.  I do all my rentals month-to-month, but never want somebody to just move in for a couple months and leave.  That said, screening the tenants and looking at their address history will help with that too. 

 I tried to vote for you again, but it wouldn't let me lol.  I also only did M2M agreements.  When I advertised the units, I would put in the ad that we're looking for someone planning to stay at least one year.  I let them assume that meant a lease.  If you advertise M2M, you can get a lot of people who want to use your unit as a cheap hotel room.

For the applicants who were worried I'd raise the rent right after they move in, I'd just write in the M2M agreement that the rent won't be raised for at least 12 months.

I did have a traveling nurse who wanted a written 3 month lease.  This was during the crash, so I was willing to take him, but asked a higher rent, which he was happy to pay.  For some reason, it was better for him for tax purposes or something, to have a written lease for the time he was contracted for.  We did this a few times, and then he ended up just staying for several years.