Updated almost 2 years ago on . Most recent reply
General question regarding lease renewal
Currently house hacking. Tenants lease is up in January 2025. But as of now am genuinely curious if they will renew or what their plans are for future. Is it bad taste to ask so early or am I just inside my head? Thanks everyone.
Most Popular Reply
Hey @Jeffery Cooperr
Fellow house-hacker here!
It sounds like you like to stay ahead of the curve with things, but like others mentioned, I think it may be a bit too early for them to know if they are going to renew lease or not. I'd reach out in the Fall October/November. By then the tenants may have a more accurate idea and it still gives you plenty of time to plan accordingly.
Also, is there any wording in your lease for appropriate notice of extension by either parties? This might be something to consider, because the tenants might feel a bit pressured if the lease stated something differently.
Good luck with it! If they're good tenants for you, then I hope they stay haha