Updated about 13 years ago on . Most recent reply

Raising the rent--giving them options
At the end of a one year lease, does it make sense to offer them a lower increase if they choose to stay on month to month, and higher increase if they sign a new one year lease (since they would be "locking in" the price for a year this way)?
Most Popular Reply

Personally, I would do the opposite and give them an incentive to sign on for another year, which is more beneficial to you. Charge a premium for the uncertainty of having a month-to-month lease.