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What To Do If You Need A Rental House More Than A Month Away Part 1

By
Property Manager with HomePointe Property Management, CRMC 00691121

If you are looking to rent a single family home in Sacramento, Natomas, Elk Grove, or just about anywhere else, you will find an inventory of homes for rent by checking the internet, newspapers,  and with local property management companies.

What you will find is that there are properties vacant and ready for occupancy and other properties coming vacant within the next 30-60 days. 

What you will not find is an inventory of homes that are available farther out than about 30-60 days.  There is simply no way an owner of a rental property knows for sure that a property will be vacant that far out.   Some properties may be on leases, but many leases are renewed 30-60 days prior to expiration in the Sacramento Rental Market.  Before that 30-60 day period, the tenant may or may not be moving.

One reason for this is that the Sacramento Region has a steady supply of rentals available making it somewhat a renters market.  An owner that is too strict with leases may lose out and have longer vacancies since there is normally plenty to choose from.  Another reason is that Sacramento does not have a large college crowd that sets the tone of a large number of people moving in at the end of summer and out at the end of spring.

Sacramento has a steady rental market that is mostly even handed between tenant and owner.  But the fact that we have plenty of supply makes it difficult to be to strict with lease renewals.

Stay tuned for Part 2 when I will discuss a good approach to secure a rental for yourself.

 

Posted by

Robert A. Machado, CPM, MPM

HomePointe Property Management

Sacramento, Yolo, El Dorado, and Placer Counties

We manage residential and commercial property.

916-429-1205 x 105

rmachado@HomePointe.com

Michelle Francis
Tim Francis Realty LLC - Atlanta, GA
Realtor, Buckhead Atlanta Homes for Sale & Lease

Robert, 

Good points.  I am eager for part 2!  I have someone coming in internationally in 10 days, early March, looking for a June 1st rental.  That is pretty hard to find, although, I do have a few properties that I manage that I know the tenants are moving to other countries.  

Also, have another home available now, folks want to take a April 1st or 15th start date.  That's too far out!  We are working on finding a middle ground.  How long is too long to ask the owner/landlord to hold it/wait for rental to start?  Typically here is 30 days, but the market can obviously be an influencing factor.

All the best, Michelle

Feb 17, 2010 11:29 PM