In Colorado Springs, there is a major difference in the amount of rent a property can get in July vs. January. While our market is strong for a good portion of the year, making sure the lease ends during that portion ensures the property will be rented more often. It’ll also be rented at a higher rate.
We will always take on new properties at any point in the year. What we do is create a lease term that makes the lease end in May, June, July, August or September. That could mean a shorter lease term for the first lease, however people will often pay more for a shorter term lease.
Also, we don’t charge any extra fees to homeowners for this. If you come to us with a property in November, we are going to get you on track for ideal leasing dates. It’s not going to cost you if we need to find new tenants the following summer.