When you renew your lease, you’re able to keep good tenants that pay rent on time, take care of your property, and are easy to work with when handling maintenance. Lease renewals also help you avoid long periods of vacancy, which can make the process to find a tenant stressful.
You won’t have to spend the time and money showing the apartment, doing background checks, and running credit checks.
The longer you have a tenant in your unit, the easier it will be to establish a good rapport. And having a good relationship with a tenant can lead to referrals. If and when they do decide to move out, they may be able to refer you to other friends or coworkers who would like to rent your apartment.
