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Updated almost 5 years ago on . Most recent reply

How long do you prefer tenant leases are??
If your strategy is long-term buy and hold, how long do you prefer your tenant leases are (in a class C area)? And, why?
A) Month-to-month
B) 6-months
C) 1-year
Most Popular Reply

@Keegan Darby I prefer longer generally one year leases. Shorter 6 or 9 month only to line up the end of the lease term in the summer months when most tenants are moving.
Month to month gives opportunity for higher turnover, lower turnover the better. If you can find high quality tenants through referalls and effective screening then your better off keeping them as long as u can.