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Updated about 5 years ago on . Most recent reply

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Adam Craig
  • Investor
  • Cleveland, OH
130
Votes |
603
Posts

Do you try to have leases renew during the "Good Months"?

Adam Craig
  • Investor
  • Cleveland, OH
Posted

I have a couple rentals right now on the market that would have been snatched up this past spring. I can always lower the rent and a bit and still cash flow nicely and rent them. But I seem to rent quicker and get a premium on rent if I market from early spring to mid summer.

Does anyone else experience the same seasons and do you try and make sure your leases renew during a good rental time? 

I feel the only downside would be having more turnover in a short concentration of months instead of spread out through the year which is not a big deal.

Most Popular Reply

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991
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Christine Kankowski
  • Real Estate Agent
  • Temecula, CA
781
Votes |
991
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Christine Kankowski
  • Real Estate Agent
  • Temecula, CA
Replied

Sure, so many people try to move during the spring summer months especially in areas with lots of families with school-age children.  Also Thanksgiving. Xmas are tough because there are other priorities for people/  We will definitely try to NOT end a lease during Nov/ Dec

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