6 month lease verses 12 month in mining town

Hi we are about to rent out our first investment house in Chinchilla. The tenants have agreed to pay $400 a week we just have to sort out 12 month or 6 month they originaly said they would do 12 but are having second thought as to do 6 month. They are coming over from WA and will eventually buy in the area should we go with the 6 month which will run out beginning of Jan or try and get them to sign for 12 months up to beginning of July. Given it is a town that is expected to boom so which is the best option.

Any help would be appreciated

Thankyou
 
Hi we are about to rent out our first investment house in Chinchilla. The tenants have agreed to pay $400 a week we just have to sort out 12 month or 6 month they originaly said they would do 12 but are having second thought as to do 6 month. They are coming over from WA and will eventually buy in the area should we go with the 6 month which will run out beginning of Jan or try and get them to sign for 12 months up to beginning of July. Given it is a town that is expected to boom so which is the best option.

Any help would be appreciated

Thankyou


Firstly is it possible to lease direct to the mining company I have some mining town ips but the leases are with the mining company themselves food for thought...

leasing direct to any tenant in any mining town I would lean towards 12months

it will take longer then 12months for them to build there own place.
 
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