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Updated about 9 years ago, 09/22/2015
Buy and Hold Purchases - Seasonal?
All,
I would love a little advice please.
I had a deal fall through and am now looking for another one but in the back of my head, I am a little concerned with trying to rent something in November/December because of the weather. If I were to put a contract on something in the next couple weeks, I wouldn't close until late October, and surely I will need to do some repairs based on how I want to buy something. This puts me into November/December before having it available. With it usually being very cold in December here in Kansas, plus the Holiday season, it concerns me. Is this something I should even be concerned about or is it a valid concern? Would you wait until December to put a contract on something so it would be rent ready in January or February instead?
Thank yo so much for your feedback. I'm a newbie and it means a lot for experienced investors to be willing to help a brother out.
- Roger