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#328 The Real Cost of Month-to-Month Leases in Rental Portfolios
Manage episode 476978785 series 2518844
When it comes to property management, the math isn’t always as simple as it looks on paper. In this episode, we break down a real-world scenario involving a 24-unit portfolio and the dangers of letting too many tenants stay on month-to-month leases. Whether you're working with a property manager or self-managing, this episode delivers a critical reminder: timing and strategy matter more than just rent numbers.
WHAT YOU’LL LEARN FROM THIS EPISODE
- Why leaving tenants on month-to-month leases can backfire
- The real financial risk of stacked vacancies in off-season months
- How to strategically time your lease renewals to reduce income loss
- What many property managers miss when managing larger portfolios
- A smarter way to increase rents without triggering a mass exodus
RESOURCES MENTIONED IN THIS EPISODE
CONNECT WITH US:
- If you need help with anything in real estate, please email [email protected]
- Reach Ron: RP Capital
- Leave podcast reviews and topic suggestions: iTunes
- Subscribe and get additional info: Get Real Estate Success
- Facebook Group: Cash Flow Property Facebook Community
- Instagram: @ronphillips_
- YouTube: RpCapital
- Get the latest trends and insights: RP Capital Newsletter
334 episodes
Manage episode 476978785 series 2518844
When it comes to property management, the math isn’t always as simple as it looks on paper. In this episode, we break down a real-world scenario involving a 24-unit portfolio and the dangers of letting too many tenants stay on month-to-month leases. Whether you're working with a property manager or self-managing, this episode delivers a critical reminder: timing and strategy matter more than just rent numbers.
WHAT YOU’LL LEARN FROM THIS EPISODE
- Why leaving tenants on month-to-month leases can backfire
- The real financial risk of stacked vacancies in off-season months
- How to strategically time your lease renewals to reduce income loss
- What many property managers miss when managing larger portfolios
- A smarter way to increase rents without triggering a mass exodus
RESOURCES MENTIONED IN THIS EPISODE
CONNECT WITH US:
- If you need help with anything in real estate, please email [email protected]
- Reach Ron: RP Capital
- Leave podcast reviews and topic suggestions: iTunes
- Subscribe and get additional info: Get Real Estate Success
- Facebook Group: Cash Flow Property Facebook Community
- Instagram: @ronphillips_
- YouTube: RpCapital
- Get the latest trends and insights: RP Capital Newsletter
334 episodes
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