What type of notice do you give for an increase?.
Also the lease is about to expire. Should I make them sign a new lease or just go month to month now.
They are good tenants and never missed payments of rent, but I have spent a little money on the IP in the last 12 months and also the rent weekly median price has jump by $10.
Also my landlord insurance is up for renewal but if I go month to month I don't think it covers me anyway.
So good tenants pay on time so don't worry about landlord insurance?
Thanks for any advice
Also the lease is about to expire. Should I make them sign a new lease or just go month to month now.
They are good tenants and never missed payments of rent, but I have spent a little money on the IP in the last 12 months and also the rent weekly median price has jump by $10.
Also my landlord insurance is up for renewal but if I go month to month I don't think it covers me anyway.
So good tenants pay on time so don't worry about landlord insurance?
Thanks for any advice