Gaps in tenancy can be detrimental to your rental investment, but there are ways that you can get your home rented fast and off the rental market. From enhancing your curb appeal to listing your property online, our expert Tampa property managers have the tips you need to successfully rent out your property.
1. ENHANCE YOUR CURB APPEAL.
The inside of your home may be immaculate, but if the exterior doesn’t match, renters won’t give your property a second look. To enhance your curb appeal start with your lawn. Make sure the grass is green and freshly mowed, as well being free from debris. Landscaping will also help to entice renters, but don’t think you need to spend thousands of dollars to create a nice looking yard. Start by planting a few plants and flowers, then try out a few DIY improvement projects, and your yard will be looking beautiful in no time.
Other tips for enhancing your curb appeal are pressure washing walkways and driveways, as well as a fresh coat of paint on the exterior of your home.
2. KEEP RENTAL RATES COMPARABLE TO OTHERS IN THE AREA.
If every other home in the neighborhood has rental rates within certain range, do your best to keep your rates competitive and comparable to other properties. You don’t have to be the cheapest, but being somewhere in the middle will lead to more inquiries from prospective tenants. If high mortgage payments or HOA fees require rental rates to be higher than others, try to incentivize renters in other ways like free utilities, low move in costs, or appliances, like a washer and dryer and microwave, included in the rental price.
3. MAKE SURE YOUR HOME IS LISTED ONLINE.
Whether it’s a query in a search engine or a visit to Craigslist, these days the first place people look for a rental home is online, . With that said, it is absolutely crucial that your home be listed online. When you are creating a listing for your property, also keep in mind that people want specifics about the property. Be sure to include information like square footage, number of bedrooms, number of bathrooms, amenities, and details about the area, like schools and entertainment.
4. SCREEN TENANTS CAREFULLY.
Thoroughly screening tenants may not seem like it should be on a list about renting your property fast, but it is absolutely crucial in preventing gaps without tenants. If you don’t work with Tampa property managers, who can do background checks, find a third-party service that offers credit checks, rental reports, and criminal history information. This will save you stress and headaches in the long run, and will prevent irresponsible renters from moving into your home.
5. HIRE A PROPERTY MANAGEMENT COMPANY.
Property managers in Tampa are experts at marketing rental properties, screening tenants, collecting payments, and managing your property after move-in. This will not only save you time, it will also help you get your home off of the rental market fast. This also means you will have security knowing trustworthy tenants are in your home, and your property is being monitored and maintained by professionals.
To schedule a consultation with a Wise Property Management property manager, please call us at (813) 968-5665 or request a proposal.