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20
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Zach Adams
7
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20
Posts

Buying home to start rent at certain time?

Zach Adams
Posted

I am currently in the market for a home to rent to my friends or other college students. The area I am located in has most leases beginning June 1st and most students begin to look for homes starting in December. I am wondering if I should focus on getting a house soon so I can guarantee the lease to start June 1st or if it doesn't matter at all? I currently have a feeling that I wouldn't want to pay the mortgage with it unoccupied, but I also want to find quality tenants instead of college students rushing to find a home before the first semester. Any thoughts? 

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