Calling all Landlords! What type of lease are you currently using with your tenants? Generally, many landlords often use one year lease agreements by default. There are so many ways you can structure a lease agreement, and the ability to tailor it for a desired outcome.
This week, Kevin and Justin discuss different ways lease agreements are structured and what are the pros and cons of each strategy.
Having tenants could sometimes be stressful but having the right lease can certainly help. If you are looking for financing then having a potential tenant sign a long term lease may have some advantages in the buying process. Some people may like a lease agreement with more flexibility and that could be structuring a month to month option.
Are you using any of the methods discussed in this video? Feel free to share any other ideas or tips that you’ve had success with that we didn’t mention. If you are interested in learning more information about these methods, please contact us today! Check out our website at http://www.pinefinancialgroup.com