Have you just acquired a rental property or are considering owning one? Rental properties are a lucrative investment, but they also come with risks, such as extended vacancies. Today, we will answer the question that every new rental investor asks: How long does it take to rent out your property? Here’s everything you need to know: 

• Tenant timeline. With the right price and effective marketing, the entire process should take around two to three weeks, from listing to getting a tenant moved in. However, it’s important to note that there’s no one-size-fits-all answer when it comes to rental timelines and it will depend on other factors, such as property, location, and economic conditions. 

• Effective communication. If you have other investments or responsibilities on the side, managing a rental property can be a handful and may lead to costly vacancies. We recommend partnering with a reputable property management service provider. If you work with us, we ensure constant communication to keep you updated on the number of clicks your property is getting, how many people are scheduling viewings, and what potential tenants are saying after they tour the unit. If tenants notice something is off, such as a strange odor or necessary repairs, we’ll let you know immediately so we can address the issue as soon as possible.