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Updated almost 9 years ago on . Most recent reply

User Stats

50
Posts
4
Votes
Mark Malevskis
  • Investor
  • Chicago, IL
4
Votes |
50
Posts

Best months for leases?

Mark Malevskis
  • Investor
  • Chicago, IL
Posted

Hi all, 

I wanted to get your opinion whether it's a good idea or not to have all of your leases renew and expire within the busy months for the season - May through August. Or is better to hedge yourself and equally spread out the leases through the 12 months? If you could give content in terms of 40 units I own, it would be greatly appreciated. 

Personally, I would think it's beneficial to have most leases expire and renew during the busy season, since the rates are higher and you can get all of the showings, remodeling, and leasing done within 3 months of the year?

Any thoughts would be helpful! 

Thank you, 

Mark

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