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Updated over 9 years ago on . Most recent reply

User Stats

131
Posts
32
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Joe Doman
  • Investor
  • Canton, MI
32
Votes |
131
Posts

Best month to find renters

Joe Doman
  • Investor
  • Canton, MI
Posted

I recently found out that my tenants of 3 years will be moving out in October (hate to see them go) which seems to be of a rough month to find tenants as families are already settled in for the school year and it is getting colder etc... my plan is  to negotiate a term with the next tenants to push the ending date out to a more renter friendly month. Anyone have suggestions on the most active month for renters? 

I'm in the canton/plymouth mi market, top notch school systems, maybe mid summer to catch young families?

Appreciate any advice...

Most Popular Reply

User Stats

64
Posts
17
Votes
Frank Woodin
  • Investor
  • Crystal Lake, IL
17
Votes |
64
Posts
Frank Woodin
  • Investor
  • Crystal Lake, IL
Replied

I had a similar problem in the past and I gave my new tenant a 18 month lease to get them back into the spring/early summer time.  My best time frame would be April/May/June for me.  It's warmer and people are getting active again.  Since I am in an area that contends with winter I would suggest you look at the same time frame to have all your leases end.

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