Accelerated Real Estate Investor
Business
343: Seasonality: Operational Risks to Your Business #6
2023-02-17
The South attracts snowbirds–and hurricanes.
The Southwest is a nice place to live for most of the year–but you’ve got to be prepared for 100+-degree days.
The Midwest is wonderful, but the snowy season, especially here in Cleveland, can be brutal.
So, why am I talking about inclement weather today? The quick answer is because storms or brutally hot (and cold!) weather makes it much, much harder to lease units, even nice ones.
This episode of our Operational Risks series is all about seasonality. You’ll learn how to avoid having to lease an apartment around the Christmas holidays, how to keep your tenants in to stop your properties from hitting the market at the wrong time, and some tips to handle your leases and prevent this threat from hurting your bottom line.
Key Takeaways with Josh Cantwell
- Why some apartments can feel all but impossible to lease at certain times of the year.
- Why I always prefer to handle moving, unit turns, and construction in the spring, summer, and fall.
- The factors that make December move-outs so difficult to deal with.
- How to structure your leases to make seasonality work in your favor.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/343
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