How can we attract the right tenants?
As a landlord, finding the right tenants is vital to your success. An ideal tenant is one that consistently provides prompt rent payments and treats your property with the same level of care that you would. It’s also important keep in mind that the same property characteristics that appeal to you may not appeal to all tenants, so it helps to market specifically to the type of tenant that is looking for what your properties provide.
Factors that can affect the type of prospective tenants you attract are the time of year, how your property is presented, the advertised rent and the processes you have in place to properly handle enquiries.
Once you have settled on a suitable application that asks all the right questions and gathers all the right information, thorough application evaluations should be your next priority. Proper investigation into rental histories, tenancy databases, rent payment histories, references and previous property inspection reports are all important considerations when distinguishing ideal tenants from your pool of applicants.
Prospective tenant applications require quality over quantity — but having both is the best way to secure ideal tenants for every single one of your properties. Paying close attention to the factors above is how Image Property Management can help you achieve it.