1. I can raise the rent when I want to. 2. I could change the terms of the lease when I want to, and frankly, I can boot them out if I need to. 3. Hey everyone, Kevin Imam of Spine Financial Group, where we work together so you succeed. 4. If you're just stumbling across this video on YouTube, be sure to hit the subscribe button and also hit that notification button so you know each time we have fresh new content. 5. And I think we would love it if they would leave some comments below. 6. I have a very special guest with me today, you know him, you love him, Justin Cooper. 7. We're talking a little bit today about rental properties and managing rental properties. 8. We had a 4-second discussion before we got in front of the camera here about whether we should do longer-term leases, like a year or more, or a month-to-month shorter-term lease. 9. So Justin, with the 4 seconds of preparation, what do you think we should do with our leases? 10. Something we hadn't discussed in the 4.2 seconds was a hybrid, doing both. 11. What if someone was to have a long term, say, a 12-month lease at the beginning, and then when that comes to an end, they roll that automatically into a month-by-month? 12. Yeah, and that's exactly how I do it. 13. But what's the advantage, do you think, of using a start on a 12-month lease? 14. Well, first of all, if you're gonna be getting any kind of financing, if you're just buying the property, the 12-month lease can help you qualify for financing. 15. Your lender might be able to use that to help count towards your income and help you qualify...
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