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Updated almost 6 years ago, 01/26/2019
Finding (GOOD) Tenants
Hi Everyone,
I'm interested in what kinds of things people are doing to find new tenants. We have a unit that will be turning over soon and have been struggling to find a new tenant. We have listings with good pictures and a description on zillow, cozy and craigslist. We've been getting a number of inquiries online for these and always respond within a few hours. The postings are also very clear about our qualifications:
- Income > 3x rent
- Credit score of 600+
- Must pass a background check and have no evictions in the last 7 years
We've had multiple open houses and despite probably 50+ inquiries online, have had almost nobody show up to the open houses. I'm wondering if the reason is because our qualifications are too strict, we're not marketing to the right audience somehow, or if there just aren't many qualified people looking for a place to rent this time of year.
I'd love to hear methods that have worked for some of you in finding tenants. Does anyone advertise on FB? Do you put signs in the yard? Do you post fliers and local restaurants/libraries/colleges/etc? Any thoughts would be appreciated!