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by crazygringo 584 days ago
No, that's not a thing. I don't know where you got that idea.

And the last thing a landlord generally wants is for their tenant of just one year to leave. Remember, an apartment will often go vacant for a month or even two between tenants, which is lost rent.

And if your tenant leaves, chances are miniscule they happen to move to another property you happen to own. (And what does a "buddy's" property have to do with anything?)

1 comments

Unless rents are going up - in which case, a renter moving out means you can charge the next person enough to cover the apartment sitting empty for a month.

(That's assuming apartments even stay empty that long; when we were searching, we almost always had to commit to an apartment the day of the showing, or it'd be off the market the next day. Apartments seem to stay empty long enough for the required cleaning and maintenance to take place - and sometimes barely even that long, we've viewed apartments that were being actively worked on.)