Lease term from 1 year to 6 months

[Kin Leung]

Hi, We have an out of state rental that a property manager manages for us. I just heard from the company that the tenant asked if we'd be open to changing the term of the lease renewal from 1 year to 6 months. The leases will be up in July. They've lived there for less than a year and so far have been trouble free. Anything for me chew on? Thanks.

[Stephen Haynes]

I would let them do it if it is  a renewal. if it is the original lease I would not let them do it. I would also make it at a higher rate by $25 per month for the shorter term.

Best Regards,

Stephen