What Renters Want in a Rental Property
🔻Lease Agreement Flexibility
🔻Based on the study, tenants greatly value flexible lease agreements. In fact, 65% of them would pay more to have flexible terms such as lease termination policies and lease length. Sure, allowing prospective tenants to rent for less than a full year comes with its drawbacks.
🔻For instance, you won’t be able to plan your income based on an entire year, and you might end up advertising your place and looking for renters more often than you would like to.
🔻Yet, the extra rent you can get by offering flexible lease terms can help you cover these advertising costs while allowing you to rent your place quicker in the first place. Besides, if the tenants are not paying their rent regularly or are creating trouble, it’ll be much easier for you to terminate the lease.

📞 1-844-707-3773