Of all the expenses in real estate, advertising for a tenant is the only one which has a positive rate of return. Everything else from repairing a faucet to property taxes are considered a cost of doing business and will not give a positive yield on your investment.

With that in mind, there are certain times of the month which will give you a greater chance of success than others. Here are some tips which should assist you in timing your next rental advertisement.

The 1st-5th are a good time to advertise because tenants will need a place and it is early enough in the month that they are still motivated to move in.

The 7th-12th usually have the lowest responses because it is too late after the first week and far too early for most to seriously consider moving for the next month

The 15th-20th have a good response like the first five days of the month because serious renters are being proactive in their search for a new place to live.

The 21st-end of the month usually give the best responses because month end is coming and people will want to get everything in order to move into a new place.