Here is an analysis of how writing 2 year leases compares to 1 year leases. South Jersey Landlord rentals. Best times of year to put your property up for rent.

1. A new analysis s unit suggests that landlords
and unit owners would be better served to write
leases that end between March 1st and August
1st.
 A two year review of the Atlantic County rental
market shows increased volumes between March 1st
and September.
 Rental volumes in each of these months exceeded
200 units per month while all the other months
were under 200 units.
 January is indicated to be the lowest month. In
January 2014 the market supported 124 rentals.
 New Jersey Law, allows real estate agents to write
leases for any length of time. Some states like
Florida limit an agent to a 1 year lease. This allows
agents to write leases that might traditionally end in
January, and extend them to 14 months with and
end date in March.

3. Typical Example of a rental unit with 30, 1 year leases versus the
same unit with 15, 2 year leases.
Typical: $ 1200 per month rental x 12 months = 14,400 per year minus
$ 1200 in real estate commissions minus 1 month vacant during rental
process. Total annual receipts = $ 12,000.00 x 30 years = $ 360,0000.00
This same unit with 15, 2 year leases:
$ 1200 x 24 months = $ 28,800 minus $ 1200.00 minus 1 month vacant =
$ 26,400 x 15 cycles= $ 396,0000 or $ 36,000 more during the same time
frame.
Full Rental Marketing and Support Services
Steven Schafer, Realtor
Berkshire Hathaway Homes Services
609-470-1806
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