Summer Leasing Strategies: Maximizing Rent and Minimizing Vacancies
Leasing properties during the summer in Montana can significantly enhance rental outcomes due to higher demand and increased mobility among renters. Summer months in Helena often attract more prospective tenants, including families looking to settle before the new school year and individuals relocating for work. By timing leases to coincide with this peak season, property managers can maximize rent, as the increased demand allows for competitive pricing.
Additionally, showing properties while they are still occupied helps to minimize vacancies between tenants. This practice not only demonstrates the property’s liveability but also reduces turnover time, ensuring a seamless transition and maintaining steady rental income. Efficiently managing these aspects is crucial in optimizing the performance and profitability of rental properties.
The best tenants are planning in advance, so landlords and managers should adopt policies to attract the best tenants!
Contact Bigfoot Management group for more information, advice, or book a call with our team to discuss property management services for the Helena area!
Dustin Rinker - May 2024 - dustin@bigfootmg.com