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Updated 24 days ago on . Most recent reply

User Stats

32
Posts
13
Votes
Nathan P Tanner
  • New to Real Estate
  • Bay Area California
13
Votes |
32
Posts

How Do You Get a Property Rented Before You Finish the Rehab?

Nathan P Tanner
  • New to Real Estate
  • Bay Area California
Posted

How Do You Get a Property Rented Before You Finish the Rehab?

Quick question for the experienced investors out there 👇

I’ve been hearing about investors who are able to line up tenants before the rehab is even finished. That sounds like a smart way to minimize vacancy and start cash flow ASAP — but I’m wondering, how exactly do you make that happen?

-  Are you pre-marketing the property during the rehab?
- Showing it while the work is still in progress?
-  Working with property managers or using specific platforms to get interest early?

I'd love to hear your strategies — especially those of you using the BRRRR method or working on value-add rentals. How do you build demand before the property is officially ready?

Any tips, tools, or timelines you follow to pull this off would be much appreciated!

  • Nathan P Tanner
  • Most Popular Reply

    User Stats

    216
    Posts
    107
    Votes
    Lateefah Mathews
    • Realtor
    • Atlanta, GA
    107
    Votes |
    216
    Posts
    Lateefah Mathews
    • Realtor
    • Atlanta, GA
    Replied

    Hey @Nathan P Tanner Apartment complexes do it all the time, you don’t need a finished unit to lock in a tenant, just market it like it’s move-in ready, and be clear on the move in date if it's within a month, that's a more reasonable time frame than waiting for 2 months or when rehab just started. List all upgrades they’re getting, like brand new roof, kitchen, electric, etc. New sells!  Also, offer an incentive like half off the first month if they apply early.

    Either way, early marketing can help potential tenants plan their move and help you cut your vacancy time in half. This works best if you’re managing it yourself; that way, you can control the whole flow.

    • Lateefah Mathews
    business profile image
    Lateefah Mathews REALTOR® | The Investor Friendly Agent |Georgia

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