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Updated over 7 years ago on . Most recent reply

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Edd Sylvester
  • Investor
  • Central Oregon
5
Votes |
14
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Rental listing timeline

Edd Sylvester
  • Investor
  • Central Oregon
Posted

Hi all,

Appreciate this resource for the sometimes-daunting learning curve as a new landlord. I'll cut to the chase. I have a single family home coming available sept 1. We bought it last fall and lucked out, quickly filling it with great tenants who will be moving out at the end of August. I'll be getting in there to put in laminate floor and probably some touch up paint/clean up etc. But would obviously like to get tenants in there asap. It's a pretty competitive rental market so I'm sure I'll have plenty of interest. Do most people start posting their listing over a month out from availability? I was thinking if people are moving and need to give a month's notice before leaving their current residence, maybe I should list it ~1.5 months before it comes available (i.e. mid/late July) and shoot to have people moving in by Sept 10th or so. I'm curious of the timeline more experienced landlords go by. A loose timeline I've come up with is:

Mid July - list online

Late July - Set up a few clustered showings (will need to work with tenants for when that will work best)

Early August -  screen applicants

Mid August - hopefully have tenants selected to move in in mid Sept

Realistic? Any thoughts?

Thanks.

Most Popular Reply

User Stats

324
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Dylan B.
  • Investor / Real Estate Agent
  • Oklahoma City, OK
157
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324
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Dylan B.
  • Investor / Real Estate Agent
  • Oklahoma City, OK
Replied

@Edd Sylvester Within my Leases I have stated somewhere along the lines that once I am aware of their moving out, I can show the property with 24 hour notice. If your current tenants have given you that much notice, I would start marketing the property and schedule a few showings and have your next tenants picked out with an intent to move in letter or whatever the law in your state requires.

Cheers!

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