Now is the HARD Part * Adjusting Tenancies to AVOID Winter Move-Outs

By
Real Estate Broker/Owner with Gibson Management Group, Ltd.
http://actvra.in/Jjy

About 5 years ago, through no fault of my own, I had a high-end rental with a February move-in.  The residents, after picking up the keys, called wanting to know who was going to come clear the path for their movers to their furniture into the basement area.

This CURED me of having people move in when weather might be a problem so I have learned to adjust my lease end dates by providing new renters with a choice of lease end dates for the next spring or summer.


They think they are getting a longer term lease at the lower rent and $AVING MONEY and I know that I am actually SAVING wear and tear on the hardwood and carpets of the property by eliminating move-in and move-outs when moisture may be a problem.

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Show All Comments
Rainmaker
196,375
Cathy Wilder
Award Realty - Sun City, AZ
Adult Community specialist

Sometimes experience is the best teacher    

Sep 27, 2012 03:46 PM #1
Rainmaker
616,094
Sussie Sutton
UTR Texas Realtors - Pearland, TX
UTR TEXAS Realtors - Rep for buyers and sellers.

Wallace....you are one very wise woman.  I wanted to say that I love your name, Wallace...was that your dads name? I named my first daughter Tommie. I love that name too.

Sep 27, 2012 07:10 PM #2
Rainmaker
917,888
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Really smart when you can do it. I am always changing the terms of my leases, so that I avoid this kind of issue. The only thing that gets in the way, I don't always know when I'm going to buy a property. At that point, the clock is off.

Sep 28, 2012 02:02 AM #3
Rainmaker
1,037,798
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Wallace.  Great idea.  I have the same issue as Joe.

Sep 28, 2012 03:51 AM #4
Rainmaker
409,895
Michelle Francis
Tim Francis Realty LLC - Atlanta, GA
Realtor, Buckhead Atlanta Homes for Sale & Lease

Wallace, 

We don't have the snow problem, but the overall leasing market is so much better spring, summer and early winter, we tend to make those are move-in/out times IF at all possible.

Thanks, Michelle

Sep 28, 2012 06:35 AM #5
Rainmaker
1,084,415
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

Having no power is another issue if trees are down and people want to move in through garages or late in the evenings...too much potential for a SNAFU with winter-move-ins

Sep 29, 2012 09:37 AM #6
Rainmaker
1,609,095
Debbie Gartner
Floor Coverings International Westchester NY & Stamford CT - White Plains, NY
The Flooring Girl - Westchester hardwood flooring

Wallace  - That is a really smart plan.  It seems to be a win win for everyone involved.

Sep 30, 2012 03:55 AM #7
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Rainmaker
1,084,415

Wallace S. Gibson, CPM

LandlordWhisperer
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