Many landlords assume nobody moves in the winter. While the busiest leasing months in Michigan are usually spring and summer (see why summer is the best time to rent out your property), people still relocate for jobs, school schedules, family changes, and lease endings all year long. The owners who lease successfully in winter are the ones who plan for the season.
Here is how to give your rental the best chance from November through February.
JMZ Blog › Investor Guides
The major expenses most likely to hit a single family rental are the big systems that wear out on their own schedule: roof, furnace, air conditioner, water heater, sewer line, electrical panel, windows and appliances, plus turnover repairs between tenants. You cannot stop them from aging, but you can find out how old they are before you buy and save for them before they fail.
For Michigan rental property owners, timing can significantly impact how quickly a property leases and the quality of tenants it attracts.
That's why summer is often considered the busiest—and most profitable—leasing season of the year.
At JMZ Management, we help owners take advantage of peak leasing activity to maximize occupancy and rental income.
