Wednesday, August 8, 2012

Semester to Semester

Though we welcome all applicants, through the years we have found that many of our tenants have been BYU-Idaho students. Due to the cyclic nature of the local rental market, we have chosen to adopt semester-to-semester leases. A year lease actually coincides with three BYU-Idaho semesters, rather than 365 days. In other words, if you sign a "year lease" on the first day of the Winter semester 2017, the term of the lease ends on the last day of the Fall semester 2017. We offer multiple options for leases and most leases are transferrable (in other words you can "sell your contract" if your plans change)--Hey, life happens! In the 12 years we have owned the duplex, we have never had trouble filling either apartment; it has never been empty. It's not a hard contract to sell if necessary. We prorate the first and last month of the contract when you take advantage of and complete the semester-to-semester term, so you're not stuck with partial rent for a month you weren't even there living in the house. For more details, call or email and ask for a copy of our contract.

Automatic Bank Transfer

We offer a discount for tenants willing to set up an automatic electronic monthly transfer from their bank to ours or an automatic billpay cashier's check. We also accept automated Paypal payments + the cost of the retrieval fee. We also will accept equivalent automatic biweekly payments (i.e. direct deposit) that coincide with your biweekly paycheck for easier budgeting. If the tenant takes advantage of any of these options, they qualify for a $10/month discount. That's an easy $120 savings on the entire lease. No more setting a reminder on your phone for the first of every month to pay rent: done! Every tenant so far has chosen to do this to make their life both simpler and more affordable.