5 Tips to Help Find Tenants and Avoid Empty Rentals
Are you the owner of an empty condo or apartment unit? If so, you are not alone. Every year hundreds of units remain vacant. There are many reasons why this happens, but how do you fix this serious problem? Take a minute to evaluate whether you have covered all the bases including these next 5 tips to help you avoid owning an empty unit. Time to get those dollars back into your pocket!
Five Tips That Will Help You Find Renters
- Advertise on social media. Use social media as an additional tool to your marketing mix. Take an appealing photo of the unit, add to it a catchy subheading, and there you have it! Experiment with free or small cost Ads. Contact people where they spend the most time!
- Offer a month of free rent. This is a great way to attract renters in even the most difficult rental locations. By offering free rent, you will help your apartment stand out from the masses, adding an additional incentive to visit the place.
- Harness the power of a good first impression. Uncleanliness is an undeniable factor that causes many people to walk away from a property. The unit you are showing may be spotless, but what about the lobby, the hallways and the building’s exterior? Take the time to replace worn carpets, repair scuffed walls, and have your cloudy windows cleaned. The least amount of visible wear and tear, the better.
- Draw attention to local selling points with a gift card. Is there a cute French bakery or a unique Irish pub hiding around the corner? Encourage local businesses while getting your potential tenants to fall in love with the neighborhood. Carry a few different varieties of gift cards and don’t be afraid to mention the perk that comes upon signing of a lease agreement.
- Work with a property management company. Instead of going at it alone, why not get someone to help you find renters? Property management companies will work hard to place qualified renters into your property for a small fee.
Get help sprucing up your property. At Lavpro Estrie we specialize in high rise window cleaning and offer other services such as pressure washing and gutter cleaning to help your rental property look top-notch. With a little bit of elbow grease and a few phone calls, your property will be ready for new renters. Call us today 819-349-9080 for a free quote!