In today’s episode, Dan talks about the benefits of using monthtomonth leases for your rental properties!

Depending on your real estate investing strategy, monthtomonth leases provide a lot of benefits. Especially if, like Dan, you’re house hacking!

However, with the good comes the uncertainty. While M2M leases provide peace of mind if you don’t want to renew someone’s lease, it can also make it trickier to find a longterm tenant!

PROS
1. Flexible end date of your lease
2. Can raise the rent quickly with 30 day notices
3. Easier to evict

CONS
1. More uncertain because landlords & tenants can cancel at anytime
2. Less time to find a new tenant
3. Unpredictable income

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ABOUT DAN
Dan Kohan is a rookie real estate investor. At 20 years old, he bought a house that he is currently house hacking and now makes over $1,000 in cash flow per month!

When Dan started investing he tried a number of different management platforms and found one he loves that will grow with him RentRedi! It’s the perfect software to let you create processes to scale and handle everything in one place. Dan is going to explain why RentRedi is his perfect partner for investing and walk through the features he likes the most.

MORE OF DAN’S VIDEOS:

Buying Your First Rental Property:    • Buying Your First Rental Property | R...  
UPDATE! Rental Management Software Review:    • 8 Month Update! Real Estate Managemen...  
Dan’s Channel:    / @dankohan  

LEARN MORE ABOUT RENTREDI

RentRedi is an allinone property management software. RentRedi helps landlords manage tenants & properties, by providing services for every step of the landlord process including collecting rent online, tenant screening, listing & marketing rentals, lease signing, sending tenant notifications & rent reminders, managing maintenance, and more.

CHECK OUT RENTREDI: https://rentredi.com/?utm_source=youtube

WHAT MAKES RENTREDI UNIQUE?
RentRedi offers unlimited units & tenants. One price—unlimited properties!
RentRedi is available online and mobile app, so you can manage properties wherever you go!
RentRedi offers worldclass, 5star customer support. We're here to help!