There’s nothing worse than having a vacancy as a landlord because this means one thing, you’re going to have to cover your mortgage and expenses for the property during the month that your rental sits vacant.
Thankfully, it’s easier than ever before to end vacancies fast, especially if you follow these tips.
Tip #1 – Make Sure You’re Showing A Beautiful Home
Make no mistake about it, tenants want to live in nice rental properties and the look of a rental property can drive people away, especially if they feel that the property just looks outdated.
To avoid turning off prospective renters, it’s best to invest in improving the look of your property before you list it for rent.
Consider improving curb appeal, painting the exterior of the property, and cleaning the inside of the rental thoroughly before listing it for rent.
Following these tips will help your property to stand out and be more appealing than others on the rental market.
Tip #2 – Focus On Screening For Long Term Tenants
Long term tenants are highly desired by landlords because they in rental properties for 24 months or longer.
If you’re not screening for long term tenants, it’s time to start screening for them because they will bring in consistent monthly cash flow and provide you with peace of mind.
When screening tenants, focus on how long a prospective renter stays in each property. This is important because if someone moves every 9-12 months, they are either moving for work or are someone that you cannot trust to be a stable tenant.
Tip #3 – Hire A Property Manager
Last of all, but most important, another great way to reduce vacancies is to hire a property management company like RPM Central Valley.
Our company offers all of the property management services that you need so that you can have confidence that we’re going to manage your property professionally.
To learn more about the services that we can offer you, contact us today by calling (209) 572-222 or click here to connect with us online.