Advertising to Tenants

[Kallie Krammes]

I am new to rental property investing. I am curious, if you buy a multifamily property that does not have any tenants currently renting, what are some ways that have worked for you when it comes to finding new tenants? I know of websites you can post on or putting a sign in the yard, but I am wondering what you have had most success with? Which strategies do you prefer?

Any advice or insight would be greatly appreciated!

[Gavin Welch]

kallie, the problem is that multifamily properties (over 4 doors) price is determined by the income rather than the neighboring properties like residential.  But if you bought a vacant property, just use the regular sources, zillow, realtor.com.  Find a local agent and pay them $30 for a flat fee listing for a rental.  That way, you know the listing for the rental will be syndicated everywhere.