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Updated about 10 years ago on . Most recent reply

Account Closed
  • Registered Nurse (ICU)
  • San Jose, CA
332
Votes |
496
Posts

Best time of year to buy rental property?

Account Closed
  • Registered Nurse (ICU)
  • San Jose, CA
Posted
If you were to remove the financial aspect from the equation what would be the best time of the year to purchase a rental property. By this I mean removing the fact that prices might go up or down, or the fact that interest rates will change for better or worse ect. Assuming nothing changes financially what is the best time of year to buy?

Most Popular Reply

Account Closed
  • Registered Nurse (ICU)
  • San Jose, CA
332
Votes |
496
Posts
Account Closed
  • Registered Nurse (ICU)
  • San Jose, CA
Replied

@Jade Davis  I've heard the exact opposite.  Winter and especially during the holidays is the best time of year to buy.  Less people buying during this time and less offers (if any in some markets).  There's potential to get a deal during this time.  Also people get there credit card bills in January after the Christmas season and some may see a need to sell.  You can also put an offer in late January for possession in March and then have it ready for renters in April.  Does anyone else agree with this.

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