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Updated over 9 years ago on . Most recent reply

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Alexander Marquis
  • Investor
  • Rochester, MN - Minnesota
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Timing of advertisement

Alexander Marquis
  • Investor
  • Rochester, MN - Minnesota
Posted

Hello,

Just wondering when most landlords post their advertisements for a place that will be vacant in the future. I have a tenant moving out of my single-family residence at the end of the month and do not plan to show it until they've moved out and I've made a few improvements. So, not likely to show before Nov 5th. Is a month before I'll show the place to interested prospects too early?

I don't want to show it because I want to "put my best foot forward" so to speak.

Regards,
Alex

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Ralph Hunter
  • Cary, NC
38
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Ralph Hunter
  • Cary, NC
Replied

I believe that you have the right idea. If you want to be able to get the highest possible market rent, you want the unit in the best condition. But generally new tenants want to find a spot before they need to move out of wherever they are renting. 

If you want to reduce the vacancy time, shoot for advertising on the 15th with a move in on the first. If your improvements are simple like painting or a few touch-ups, prospective tenants will be able to see past it. 

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