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Updated over 7 years ago on . Most recent reply

Marci Stein's profile image
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Marci Stein
  • Rental Property Investor
  • from New York, NY
  • Member since Jun 10, 2011
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Marci Stein's profile image
Marci Stein's profile image
Marci Stein
  • Rental Property Investor
  • from New York, NY
  • Member since Jun 10, 2011
Connect
Marci Stein
  • Rental Property Investor
  • New York, NY
506
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950
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General Landlording & Rental Properties

Can I offer only 2-3 year lease ?

Marci Stein
  • Rental Property Investor
  • New York, NY
Posted

I inherited wonderful long term tenants last year . 

I gave them a 1 year lease with no raise to their low rent. ( I know - dumb).

now that it’s up I’d like to raise rent 

And offer them a 2 or 3 year lease so I have security. 

Would it be fair to eliminate a 1 year lease? 

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