Updated almost 9 years ago on . Most recent reply
Lease suggestions needed
After acquiring my first 4-unit rental property, I will be self-managing it. I understand that an important part of property management is having a rock solid lease. With that being said I've got three questions for you:
1) Should leases be 1 month long for say, 4-6 months? Then after they've proved they're a suitable tenant, offer up to a 6 or 12 month lease?
2) What have been your biggest mistakes with leases?
3) What are the most important things to include in a lease?
Feel free to link examples of your own leases, if possible!
I appreciate your time.