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Updated over 7 years ago on . Most recent reply

User Stats

64
Posts
18
Votes
Bryan Templin
  • Marana, AZ
18
Votes |
64
Posts

Any tips on getting a tenant?

Bryan Templin
  • Marana, AZ
Posted
Hey guys I'm looking to get into my property Any advise on trying to find tenants? Like where to post ? Should I pay for ads? Craigslist? Any advise will help thanks

Most Popular Reply

User Stats

308
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151
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Sarnen Steinbarth
  • Commercial Real Estate Broker
  • Fort Collins, CO
151
Votes |
308
Posts
Sarnen Steinbarth
  • Commercial Real Estate Broker
  • Fort Collins, CO
Replied

@Bryan Templin

Here are my 7 "P's" for getting tenants:

  1. Pictures - Have great pictures. Make sure the unit is neat, well-lit and that you have enough pictures to give people a good impression of the property. Renters will likely look at pictures before they even contact you. If you don't have good ones, you'll lose out on a lot of leads.
  2. Price - Make sure you are priced competitively.
  3. Promotion - Get the word our far and wide, particularly on online sites.  The more online exposure the better.
  4. Policies - Establish your policies, this will help to determine demand and speed up the process for you an renters.  (E.g., if you allow pets vs. not allow pets).
  5. Property - Make sure the property is well-maintained with a good curb appeal.
  6. People - Is the "people" demand cyclical in your area? If so make sure that you have your vacancies come up when people are looking (E.g., a few weeks prior to the start of school in a college town).
  7. Place - Location, location, location.  Perhaps hard to change it now, but the "place" of the property will affect your ability to find tenants.

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