How to attract good tenants for your rental investment property.
1. Ten Ways To Attract Good TenantsBy Jeremy Hart, NRVLiving.com and Coldwell Banker Townside, RealtorsBlacksburg, VA You want to be a landlord, but you dont want to deal with bad tenants. Sure, that makes sense. Heres some tips, from Wolkia, on how to attract GOOD tenants. Reprinted from http://www.nrvliving.com/2010/05/03/attract-good-tenants/ As a landlord, the turn can be one of the most stressful times of the lease. In a short period of time one set of6.Let them know that you will be accessing the tenants moves out, the property is cleaned and prepared, property every other month for a and a new set of tenants moves in. As a rental property maintenance checkup. Ask the tenants to owner going through a turn myself, a post by Wolkiaput any non-emergency maintenance items was timely. In it she identies ten ways to attract goodon a list on the refrigerator so you can tenants. address them on your visit.7.Send them birthday cards. Yes, it is a1.Dress professionally. First impressions matter and business transaction; however, showing youwill set the tone for your relationship with thecare can go a long way.tenant. 8.Include a washer and dryer.2.Allow pets. Many property management 9.If, due to economic conditions, you need tocompanies will no longer allow pets. Being pet-oer a free month rent NEVER oer thefriendly can set you apart and attract more rst month free. You are inviting deadbeatspotential tenants to you. to live in your property for free for 30 days. 3.Be organized and have procedures in place. If youInstead, oer the free month after 6 monthsare disorganized, it will make the tenants thinkor over the holidays.you dont care. Have checklists and paperwork in 10. Be present. Be available. Lack oforder.communication can quickly break down the4.Show that you care for the property and the tenant/landlord relationship. Respond totenants will care too. Even if its outdated intheir questions and concerns promptly.areas, a clean property can overcome manyobjections. Wash the windows, manicure the yardBeing a landlord doesnt have to be dicult. The show some pride of ownership. horror stories are out there, certainly, but with5.Oer a discount for a multi-year lease and/or for careful preparation of the property, of yourpayroll/bank draft setup. processes, and of your tenant selection it can be avery rewarding opportunity. Thanks, Tina, for thepost.
2. Jeremy Hart a licensed real estate agent at Coldwell Banker Townside Realtors in Blacksburg, Virginia, and founding member of NRVLiving RealEstate. If interested, his license number is #0225077937, and hes been a licensee in good standing of the New River Valley Association, the Virginia Association, and the National Association of Realtors since January 2004. You can contact him at jeremy at nrvliving dot com.Disclaimer: Im just a real estate agent and while Im one piece of the puzzle, dont forget to consult your attorney, tax professional and librarian before making a nancial or real estate decision. It should be noted that the articles in this blog are solely my opinion, and likewise those who leavecomments are providing their opinions, as well.. These are not the opinions of Coldwell Banker Townside Realtors, their afliates or any employeethereof. Coldwell Banker Townside has been gracious in allowing me the freedom to discuss real estate in whatever way I choose, but they are notresponsible for the content included herein. Any information or statistics I post are deemed accurate, but are not guaranteed. I will also not sell orrelease your email address to anyone unless ordered to do so by a court of law. I wont contact you unless you contact me rst. Finally, all content is protected by Creative Commons and US Copyright. If you like something you read here, feel free to use and quote small portions of text as long asyou link directly back to the post URL. Please do not republish without permission my attorneys fees are expensive.