How to Get New Tenants in There Quickly
When a set of tenants leave your property, you have a lot to think about. What caused them to leave? Were they the right fit for the place from the very beginning? Are you going to use the same methods to work at attracting the last set of tenants as you did to attract this set of them? These are only a few of the questions that are bound to go through your mind when it comes down to the future tenant selection process.
Your time is a very valuable commodity here. Many landlords would tell you flat out that the second worst thing that can occur in your property is having no tenant in there. The worst thing that can happen is to have an awful tenant, but this is usually addressed during the screening process. At any rate, you want some good new tenants in there as quickly as you can get them.
The days of just putting a sign in the front yard are gone. While you may be able to put up a sign, it’s nowhere near enough to be the only method that you use in your marketing efforts. You also need to address the fact that many people may be from out of town, and don’t know the area they want to live in yet. This is where the online world comes in, and can help you out tremendously in your search.
When you get online, you have tons of options on social media for attracting the right kind of attention. A bit of description, a little understanding of your intended type of tenants and how they think, and a few wonderful professionally taken pictures of the property will get you a long way toward garnering interest. Since so many people love living in Perth, you now have a swath of potential tenants to choose from.
Making time work for you
Everything that isn’t growing your rental business that relates to your rentals should ideally be outsourced, unless it’s signing checks or making the big decisions — for example, cleaning up after the previous tenants have left? Find some great bond cleaning services in Perth and let the professionals handle this work. Mowing the lawn? You have better things to do with your time.
Your time is your most precious asset, and you have to guard it as closely as you’d guard anything else you’re never going to be able to have any more of. The fact of the matter is you’re going to have to use your time wisely to really make it in the rental game. If you don’t make the time you have work for you, you’re going to quickly find yourself turning from an investor who’s growing richer into a slave who’s constantly running on a proverbial hamster wheel of endless chores and tasks you could have outsourced. Guard your time, and thus, guard yourself.