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Updated about 8 years ago on . Most recent reply

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9
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Joel Schiffer
  • San Antonio, TX
4
Votes |
9
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Tons of rentals how do people find renters

Joel Schiffer
  • San Antonio, TX
Posted
There are thousands of houses for rent all over the city. Are these houses getting rented out? How are people finding renters?

Most Popular Reply

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377
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379
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Brad Larsen
  • Property Manager
  • San Antonio and Austin, TX
379
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377
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Brad Larsen
  • Property Manager
  • San Antonio and Austin, TX
Replied

@Joel Schiffer  There are a lot of proven techniques that landlords have used to find renters.  These would include all of the above.  The thing to be cautious about is the screening.  

Homes are still renting just fine in the San Antonio region.  It comes down to simple population growth.  As I was doing some annual analysis this morning of the 6 largest San Antonio Property Management companies (mine was one of them) - I found that the average Days on Market to Rent a home ranged from 21 days to 48 days....taking a poll of the last 12 months, for 6 property management companies, over 1700 rented units.  

Point being - the market is very healthy and if you price the home right and provide enough advertising - you will get applicants.  That's where the work begins.

Good luck out there!

  • Brad Larsen
  • Loading replies...