View Full Version : First time landlord
nestlebosco
Aug 6, 2008, 07:25 AM
I am a first time landlord and wondering which would be better for me, 1yr leases or month to month leases? Thanks. :)
RickJ
Aug 6, 2008, 07:32 AM
1 year for sure. I charge $50 more per month for a 3-month lease. I do not do month to month. Turnaround is money... so I want less turnaround.
ScottGem
Aug 6, 2008, 08:12 AM
I would urge you to find landlord's associations in your area. They can be an invaluable resource.
You want the protection of a longer term lease. Anyone who wants a short term lease maybe looking to stick you.
You NEED to do a reference check on any prospective tenant.