Is your property currently vacant? Or have your current tenants have notified you that they’re moving out at the end of their current lease? Now is the time to find the right tenants. There are a few key factors that will help you attract great tenants to your property, longer term tenants, caring tenants, honest tenants.
The longer your property is vacant, the more it could have an impact on your investments performance and finances, so use the tips we have provided below to make finding your next tenant a simple and smooth task.
We’ve all seen them online, time after time — the rental listing that has poorly-lit photos that are oriented terribly and often feature a reflection of the person behind the camera phone in a mirror or window. A professional photography session for your property will likely set you back around $150, but this is money well spent and we believe is worth every cent. By using a professional photographer, your photos will be well lit, edited and taken with wide angles to make your property stand out online and attract quality tenants. Plus, did you know that the photography costs are usually a tax deduction, and you can re-use the professional photos next time you need to list your property? Win-win!
Need more convincing, check out this article.
Keeping your property well-presented, both in the listing photos and when the property is available for inspection, is a great way to attract quality tenants and applications from the first open home. Ideally, your property will be decluttered, clean and in good condition, with no visible signs of maintenance or repairs. If your property is currently tenanted, you could even send a professional cleaner and a bunch of flowers to the property to make sure your place is spick and span before the open home.
Did you know that most people find their next home online using one of the popular real estate websites. For example, realestate.com.au has almost 20 million visits per month. Prospective tenants are using these sites everyday to search. Therefore, it is important you use these platforms to get your property in front of as many potential tenants as possible so that you can get your property leased quickly. While your photos are in progress, work on the listing copy making sure the best features of your property, plus other important information such as local amenities and the feel of the neighbourhood, are highlighted. If you have a property manager, they can help you write a compelling listing (trust us we know).
After buying the perfect investment property, finding a great tenant is key. Follow the steps above to make sure you’re giving yourself the best chance to attract great tenants quickly.
Most people find their next home online using one of the popular real estate websites.
We understand that getting professional photography and a cleaner could be an expense, but these costs can have your property leased quickly and avoid long periods of vacancy, making it a worthwhile investment. And if you’re feeling unsure about the leasing process, talk to your personal and experienced property manager as they know how to streamline all the steps, provide valuable information, and make sure you secure the right tenant quickly.
For any more information, contact the Mi Casa team today on 08 9339 7079
Looking for more Landlord information, follow this link