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Keegan Darby
  • Rental Property Investor
  • Queen Creek, AZ
10
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69
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How long do you prefer tenant leases are??

Keegan Darby
  • Rental Property Investor
  • Queen Creek, AZ
Posted

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

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184
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Lucas Miles
  • Rental Property Investor
  • Fairmont, MN
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184
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Lucas Miles
  • Rental Property Investor
  • Fairmont, MN
Replied

@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.

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