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Updated about 2 years ago, 12/01/2022

User Stats

124
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41
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Nader Hachem
  • Dearborn, MI
41
Votes |
124
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Is Winter really a bad time to buy your first rental property?

Nader Hachem
  • Dearborn, MI
Posted

I've heard previously that it's difficult to fill vacancies in rentals during the winter, especially in Michigan, because of the harsh weather and no one really wants to move during these times. Is this enough to postpone buying the first rental until weather warms up or is this difficulty not really an issue? Is it really that much more difficult to fill a SFH in the winter because the weather?

There's always the option to purchase and inherit a tenant, but i'd be hesitant on that due to things like- not sure how good of a tenant they are, what the lease consists of (can always take a look before purchasing), etc.

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