Updated almost 3 years ago on . Most recent reply
First renewal, Tenant ask for multi-year lease
How to renew a lease with a tenant without a realtor.
What are the advantages of doing a multi-year lease (2 years, I would not do more), what provisions can be included, and how to do it myself.
the property is located in South Florida.
Thanks!
Agustin
Most Popular Reply
@Ricardo R. Yes, your points are exactly right. Unfortunately, there is no real "security" in 1 month, 1 year, 2 year lease, etc. The best security is choosing excellent tenants that ideally want to stay for long term (meaning several years). I have had tenants for 4+ years on M2M. They can leave anytime but don't. On a M2M, it's much easier to get out a bad tenant. I think the OP feels that getting a M2M tenant will cause turnover every few months, which is rarely the case.



