Re: Is length of property vacancy a negative for you?

Re: Is length of property vacancy a negative for you? by Anonymous on June 5, 2012 @17:53

Why would tenants want to waste time looking for places many months in advance when the vast majority of units are advertised much closer to availability?

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Re: Is length of property vacancy a negative for you? by NY LL (OP) on June 5, 2012 @17:59	[ Reply ]

Uhm..because the best units tend to go quickly, and sometimes the tenant wants to live in a particular neighborhood/building/location? A good tenant would want to sign a new lease before the old expires (thats how it was with my current tenant - her lease expired June 30th, and she signed her new lease on June 1st for a start date of July 1st.. I remember spending 3 months looking for an apartment when I was a college student. I wanted to get the best deal for the best price.. Unless that tenant is month to month, I would figure those who have leases expiring in June/July would be looking for apartments right now..and willing to sign a Rental Binder to lock in their new home for an August move-in date. But maybe I am wrong. I know if it were me, thats what I would do.

you're correct by emma on June 5, 2012 @21:41	[ Reply ]

Some people are moving a distance and/or they want to be able to line up the movers, utilities, etc, and know their lives are not going to be in chaos. I think those renters are good b/c they are more organized when it comes to paying rent. Thanks to Anna Mouse for the letter!! I saved it and am going to use it int he future.