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Updated over 5 years ago,

User Stats

98
Posts
138
Votes
Justin Wotring
  • Rental Property Investor
  • Orange County, CA
138
Votes |
98
Posts

How do you structure a lease in the fall/winter months?

Justin Wotring
  • Rental Property Investor
  • Orange County, CA
Posted

Hey BP,

I'm currently in the process of obtaining a HELOC on my primary residence that I plan to use to BRRRR. Assuming it takes 30 days to close on the HELOC, and another unknown amount of days to find a deal, get it under contract, rehab it, and rent out, this could put me into late 2019 to place a tenant. I know that the ideal lease cycle is in the spring/summer months, and I'd like to find a quality tenant to get on a 12 month lease. Curious as to how other BP members do this. I appreciate any advice. Thanks in advance!

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