Were you aware that over 44 million households in America are renters rather than buyers?
If you can get your finances in order to buy a rental property, then you could take your earning potential to the next level. There are plenty of things that you'll need to do if you like the idea of renting out your property.
Do you need help getting your rental property ready for Florida tenant placement? Keep reading our top tenant placement tips so you can ensure that your renters will love their new home.
Make Sure Your Maintenance Is Up to Date
Even though your rental property may look fine at first glance, there could be lots of minor issues that could become more troublesome in the future. Getting an inspection and addressing any concerns will not only keep your tenants happy, but you'll also save more money over time.
You won't make a good first impression on your renters if they need to make maintenance requests shortly after moving in.
Invest in Some Nice Upgrades
Maintenance should always be a top priority, but you should also consider investing in some upgrades that will make your tenants feel more at home. You can accomplish a lot even with a small budget, so be sure to do your research on which improvements can benefit the space the most.
Some upgrades like doorbell cameras could even lower your insurance rates since this feature boosts security as well.
Come Up With a Tenant Placement Marketing Strategy
Once your rental property is good to go, the next step is to start marketing your available units. Since there are many different rental properties out there, you need to have a multi-pronged approach to attract the most attention.
You'll need to take flattering photos, create detailed posts online, and be prepared to give tours in person.
Prepare a Solid Lease
After you've attracted enough interested renters and you've gone through the tenant screening process, you can write up your lease. It's important to be as thorough and clear as possible so you can avoid any miscommunications with your tenants.
Not only should your tenants understand what you expect from them, but they should also understand what they can expect from you in return.
Consider Hiring Tenant Placement Services
Investing in a tenant placement service is always a good idea if you want to be confident that your renters are good, reliable people. Teaming up with a tenant placement company can take all of the stress out of finding new tenants.
Take some time to learn more about what this service entails so you can decide if it's the right move for you.
Are You Interested in Tenant Placement Services in Florida?
Getting your rental property ready for tenant placement doesn't have to be nerve-wracking. Using this guide will get you stellar results.
Would you like Southwest Florida tenant placement services? Contact us to learn more!