Updated over 4 years ago on . Most recent reply
New Lease Agreement or Lease Renewal?
Hi,
I used to have a property management company handled two of my rentals -- they signed rental leases for these. Recently, I took back the rentals for self-management. Now, the leases are about to expire and the tenants would like to stay. Would you rather start brand new leases or do renewals instead? I thought of doing brand new leases but then you have to have the inventory check-list redone while doing renewals you are stuck with the original leases with the old property management company as you always have to refer back to it.
What would you do? Any insights would be greatly appreciated! Thanks!