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    nestlebosco's Avatar
    nestlebosco Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Aug 6, 2008, 07:25 AM
    First time landlord
    I am a first time landlord and wondering which would be better for me, 1yr leases or month to month leases? Thanks. :)
    RickJ's Avatar
    RickJ Posts: 7,762, Reputation: 864
    Uber Member
    		  
    #2

    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's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    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.
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