You own a residential or commercial property that’s vacant and you decided to rent it out and become a landlord. If it is your first time to rent out a property, finding a worthy tenant can be time consuming and it can challenge your patience. Below are some tips to help you find high quality renters.
Upgrade your property
Check your property for damages. Make sure that all utilities and wirings are properly installed. It is your responsibility as a landlord to ensure the safety of your tenant. Also make sure that the place is clean.
Take photos of your property
Once you are sure that your place is safe and “livable,” take some photos. Take some shots inside and outside the property. Note that providing a more complete view of your property attracts more possible tenants.
Advertise your property
It would be best if you could create a web page for your rental property, where you can post a lot of photos. Other forms of advertising only accept one or two images for your property and some do not allow photos. But I do encourage you to post in print ads and other listings as well because a lot of people still refer to these listings when looking for a property to lease.
Screen tenants carefully
When people start contacting you about your property, be sure to do the following: Do a criminal background check, pull credit reports, verify employment and income and check rental references of your possible tenant. If you are not sure how this is done, there is a website called Tenantify to help you with the verification process. This will not cost you a dime because it’s the tenant who will pay for the service.
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