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Updated almost 9 years ago on . Most recent reply

User Stats

11
Posts
2
Votes
Mike Lalor
  • Stillman Valley, IL
2
Votes |
11
Posts

Average length of renter?

Mike Lalor
  • Stillman Valley, IL
Posted

I have only posted a few times as I am hoping to start purchasing rentals soon.   For those of you that have had rentals for several years, maybe even a decade or more, I know there is not a exact number for this, but what is would you say is your average time a renter rents from you?  I know you may have someone for years but also may turn a unit over 4 times in a year. I am debating between a college town rental and a non college town, with a college rental i know for the most part I will need find new renters on a yearly basis, but I am wondering if that if much different than a normal rental.   Houses I am looking at would be mid to lower end.  nothing high level for sure due to my budget.  Duplexes with a rental in the 5-7 hundred dollar range.

thanks for any input on this.

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