Why is important that the property manager make contact with current tenant at least 30 days in advance of the lease expiration?
I have had property owners tell me that they are in a month to month rental situation with their tenants because they believe that their tenant is paying above market rent. More often than not, I have property owners tell me that they did not have time to have the lease renewed or that their tenant will leave if pressed for renewal. I believe that it is always better to have an agreement that is up to date. Tenants under month to month contracts can still leave and to make it worse, the property owner may not be entitled to the same amount or any amount of damages for termination. By letting us handle the renewal, we can take the worry off the mind of the property owner.