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Updated almost 6 years ago on . Most recent reply

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Aidan Mulligan
  • Rental Property Investor
  • Charlotte, NC
178
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161
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When would you list a rental?

Aidan Mulligan
  • Rental Property Investor
  • Charlotte, NC
Posted

Hello everyone,

I'm two weeks away from closing on a rental property that will take me two weeks from closing to prepare for a renter (Replace a door, fix a leak, and paint some walls). Everything is in line with the closing with all parties involved so it's just a matter of the day arriving.

In this case, would you all list the property online and start collecting applications making it clear that move in wouldn't be for four weeks?

Most Popular Reply

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,087
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28,076
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

You can't legally offer to rent a property you don't own. Get your ducks lined up and hit the ground running as soon as you close on the property. You'll have 1-2 weeks of marketing while you renovate which should be plenty of time to process applications and find a tenant in most markets.

  • Nathan Gesner
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