Learn from our property management experts!
Are you struggling to get your real estate investment properties rented out? The best thing you can do is hire an experienced property management company to do the job for you. MMC Properties is a Middle Tennessee property management company that is here to help you get tenants in your rentals. We wanted to share a few tips on how to get your properties rented out faster.
One of the most alluring things potential renters look for is the listing. Now, this is obvious, but it’s what is inside the listing that matters. Detailed, well-written listings will usually have the best response rate as potential tenants have an exact idea what renting within your property will entail. With a listing like that you will be able to find a renter in no time. Here are a few key items to think about when crafting your property listing:
If you are running into the question of why this unit can’t get a tenant when your listings are all updated and written well, the issue could potentially be the unit itself. Think back to when it was last given the update treatment, if it’s been a while, that may be the culprit. It may be that your appliances are outdated for current potential renters. New, shiny appliances can greatly increase the appeal for new renters and that appeal can go a long way – especially in the kitchen. Learning how to cook on a stove that is from before they were born may turn some people away. How to tackle this predicament:
Once you’ve updated all that you can within the unit, go ahead and have that reflected in your listing by adding phrases like recently updated, updated, or new. That alone can help boost traffic to the listing and lead to more potential tenants.
When we spot a sign, our eyes are naturally drawn to the words ‘Special Offer.’ This is the same for your potential renters! If you need to find a renter and fast, try offering a move-in special offer. This is a common tactic for most landlords and property managers to assist in finding tenants fast. Ways this can be done:
This is just a small list of what can be done to rent out your properties faster, but it’s a great start. If you are still having trouble getting your properties rented out, contact MMC Properties today.