All Topics / Help Needed! / Best time to find tenants – April or July

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  • Profile photo of HelestelleHelestelle
    Participant
    @helestelle
    Join Date: 2008
    Post Count: 9
    March 16, 2009 - 6:49 am

    Hi There,

    My current tenants want to renew their lease for only 3 months. My PM has advised that if i agree, i will be looking at finding new tenants in July and winter isnt the best time to find people. However, she did say that right now (their lease ends early April) is also slower than usual for them so she is unsure what to advise.

    Any suggestions?!

    Many thanks

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970
    March 16, 2009 - 7:44 am

    It depends where is the location of the property.
    If it is close to uni or hospital, then june/july is a good time

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856
    March 16, 2009 - 1:01 pm

    Unless the location offers something special eg beach, demand will not fluctuate outside of the normal range. Usually, just avoid the holiday periods/long weekends when people go away.

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856
    March 16, 2009 - 1:01 pm

    Unless the location offers something special eg beach, demand will not fluctuate outside of the normal range. Usually, just avoid the holiday periods/long weekends when people go away.

Viewing 4 posts - 1 through 4 (of 4 total)

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