4 Ways To Find New Snellville Tenants
One of the most common challenges for property owners is finding a tenant who does not have any hidden baggage. There is a copious amount of qualifications needed to even be thought of a potential tenant. Unfortunately, most of the time, only a certain percentage of the ones that applied are qualified. These four great ways of finding a tenant can help you get the most suitable renter for your property. Together, these methods let you keep your vacancies short and the rental income flowing.
Hang a “For Rent” Sign
Even if most renters these days use the internet to locate properties for rent, nothing truly does the job except posting a “For Rent” sign in the yard. It is simple, inexpensive, yet effective. Having a visible and physical sign gets more traffic than if it was just online. It also gives potential renters a visual of the rental. A well-put-up sign can draw in prospective tenants who are looking for rental homes in specific neighborhoods or near certain amenities. Placing a sign in a front yard id the first step in successfully finding a tenant.
When finding a renter, advertising your rental property on various rental websites has tremendous benefits if approached the correct way. There are all kinds of different rental websites and everyone has their own preference of which they like best. It is common knowledge that most renters in all age groups start their rental property search online, so the more visible your property, the larger pool of applicants available to you.
However, it is important to stay away from posting on unsecured websites. Some sites are capable of posting properties for rent, but they are not as reliable, and fraud is most susceptible in situations where professional Property Management Companies are not involved. Information on these websites can easily be manipulated and changed where as on a rental website, all the information is locked and untouchable. Without the proper amount of screening beforehand, you could get suck with a tenant who is more of a problem than your solution.
In addition to rental websites, social media presence is critical to powerful advertising. Social media advertising is quickly becoming the most effective method of promoting your business. Having information about your available property visible online will help you engage with all your potential renters. Having the significant advantage of being shareable, social media lets people forward posts about available properties to people they know that are looking for a new home. Finding a tenant gets easier if they are looking for you!
Word of Mouth
Advertising professionals will always tell you that word of mouth is one of the most successful forms of advertising. When you have available rental properties, you should tell people about it. Friends, family members, neighbors, and fellow property investors can all be beneficial in spreading the word. If someone had a good experience with your company before, they would pass the word along to all their friends. Prepare some flyers and bring them with you wherever you go. Engaging with the public and having a network of personal contacts can work to your advantage as you find your next great tenant.
We hope these four tips will help you while finding a tenant. A combination of all four methods will guarantee a new reliable tenant in no time! It is important to stay up to date with all the new Social Media websites so you can continue to grow your business and continue to keep tenants flowing!
If you are an owner looking for a Property Management company, or a tenant looking for a new home, contact us today and let us assist you!
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.