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Updated over 5 years ago on . Most recent reply

User Stats

143
Posts
117
Votes
Brett Baginski
  • Rental Property Investor
  • Tinton Falls, NJ (07753)
117
Votes |
143
Posts

When Can I Advertise Rental Property?

Brett Baginski
  • Rental Property Investor
  • Tinton Falls, NJ (07753)
Posted

I am closing on my first rental property on 10/23, 6 days from today.  The property is in great condition, but I still want to go in and paint a few rooms, do some touch up work, and rip out the carpet in the bedrooms upstairs and lay LVP.  I plan on having this finished in about 2 weeks after closing date.  

When would be a good time to market the rental?  Should I wait until the property is ready to go and take new pictures or try and start marketing it sooner?  I know the screening process can take a couple weeks and would like it rented as soon as possible.  Just wondering what others would do in this scenario.  Also, are you allowed to advertise a rental before you actually close and is this even advisable? 

Thanks in advance!

Most Popular Reply

User Stats

105
Posts
59
Votes
Vanesa Gonzalez
  • Rental Property Investor
  • Miami Beach, FL
59
Votes |
105
Posts
Vanesa Gonzalez
  • Rental Property Investor
  • Miami Beach, FL
Replied

You can not advertise the property until you are the owner. But depending on the market, I would advertise it before it is ready. In Miami there is a huge demand for good rentals, so I would post the add with address and estimate date for moving in. 

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