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Updated over 3 years ago,

User Stats

6
Posts
1
Votes
Sven T.
  • Investor
  • Seattle, WA
1
Votes |
6
Posts

Timing reroofing project with gap between tenants?

Sven T.
  • Investor
  • Seattle, WA
Posted

Hey guys,

The lease for our current rental is ending in mid July and we are thinking that it is time for a roof replacement. Our roof does not leak yet, but it is nearing end of life. Most roofers tell me this takes about 3 days, and that it is possible to live in the house durng the reroofing (though inconvenient).

I am thinking to look for a new tenant with lease beginning of August 1st and trust the roofers that they will be able to finish my roof between the move out of the current tenants and the move in of the new tenants. But naturally, there is a risk that they will be delayed for whatever reasons. But I would rather not wait until the roofing project is done to find tenants because the 'available now' listing could incur significant delays.

What would you do in this situation? Advertise the rental and sign a lease now, or wait until the roofing project is fully complete?

Thanks!

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