Finding the right tenant to rent your property out to can be challenging. You want someone who will take care of your home and pay their rent on time, but you also don't want to spend forever screening applicants. The following tips might help.
1) Advertise Selectively
When advertising your rental property, add information that attracts the kind of tenants you're looking for. If you want responsible adults, mention that the property is ideal for working professionals or retirees. If you're looking for a family, mention nearby schools or playgrounds.
2) Use Good Quality Pictures
Aesthetic pictures add value to your advertisement and make your rental property more attractive to potential tenants. Include well-lit photos showing your home's best features, like the updated kitchen or the spacious backyard.
3) Add Precise Marketable Captions
In addition to using good quality pictures, add detailed and marketable captions. This will help potential tenants imagine themselves living in your rental property. For example, "Relax in your spacious backyard after a long day of work" or "Entertain guests in your updated kitchen."
Also, reinforce your point using positive language. Focus on features that make your place special and unique. Tenants are looking for a place to call home, not just a roof over their head, so make sure your advertisement reflects that.
Be sure to highlight the amenities that are included with your rental property. If you have a dishwasher, washer, dryer, or swimming pool, mention it! These are all big selling points that can help you attract the right tenant.
Additionally, be upfront about any pet policy you have in place. Some tenants have pets and are looking for a pet-friendly rental property. By being upfront about your policy, you can avoid any misunderstandings down the road.
Finally, don't forget to list your contact information! Include your phone number and email address so potential tenants can quickly contact you.
4) Check References Thoroughly
When you're screening applicants, be sure to check their references thoroughly. This includes their employment history, rental history, and personal references. Also, don't be afraid to Google their name to see if anything pops up that could give you pause.
5) Perform a Credit Check
A credit check indicates an applicant's financial responsibility. You can find out if they have a history of making late payments or defaulting on loans. This is essential information to know before you decide to rent to someone.
6) Know the Law
There are laws in place that protect both landlords and tenants. It's essential to familiarize yourself with these laws to avoid any legal trouble down the road.
So how do you find the perfect tenant for your rental property? Bonnie L Miller PA, CNE-Exp Realty LLC serving Pine Island, can help list your property for rent. Contact us today to learn more about our services and how we can help you find the right tenant for your home!