Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Juanita Evans
  • Midwest
0
Votes |
3
Posts

Ideal month to start a lease in the Detroit metro area

Juanita Evans
  • Midwest
Posted

Hi all, Im closing in on my first rental property in the Detroit metro area (exciting!). Im used to being a student and thinking of leasing as a July or Aug yearly turn-around.  However, I realize this area isn't all students and that may be tunnel vision thinking.  As I am thinking about how to structure the lease contract, I remember the advice from the Book on Managing Rental Properties to make the first one 'time up' whenever it makes most sense for turnover in the market.  Has anyone had any experience with this region in that regard?  If I got a tenant in Nov would Nov-Nov be absolutely fine or should I be thinking of a way to eventually get my leases to time to a different time of the year?  If no direct experience any thought about how to figure out when the turnover is greatest?  All thoughts appreciated!

Loading replies...