Increase in property prices in recent years, making some people think of hiring, rather than buy property. This is certainly good news for investors and property owners who wish to rent out their property.
To that end, PropertyGuru recently worked with online property rental agencies in the UK, uPad (www.upad.co.uk), to formulate a few tips to attract and retain good tenants. Some of these tips are written James Davies, CEO uPad, which has more than 12 years of renting properties.
Quality properties will attract quality tenants
A good quality property will attract a better tenant anyway. The better the product of your property, then you will more easily determine the standards of quality tenants. Some characteristic properties of interest, among others, close to transport facilities, hospitals, schools or universities, and office area. Properties with these characteristics are usually interested professionals. Another desirable characteristic is the property clean, tidy, has good service, and a variety of facilities such as Wi-Fi and cable TV.
A good display
How to show your property is integral to finding a good tenant. For that, you should have good photographs. Use the services of a professional photographer if needed. By displaying images of poor quality, can make the interests of prospective tenants fell to 75 percent. It would be better if you also show the building plan (floor plan). Currently, the plan of the building is the professional standards for the property owner. By displaying the plan of the building, you can increase the number of requests.
Determine the point of view
One way to get a qualified tenant is to determine your point of view. You certainly know your property better. And with your knowledge, you can raise the quality and highlight the advantages of your property. You can also more flexible than rent agents, to make the open house during the night or weekend. This will increase the potential for a quality tenant. With accompanying prospective tenants to see your rental property directly, you can see, if the prospective tenant or not interested in your property.
Allow the animal to maintain
By allowing the tenant to maintain the animals, would increase the demand for your rental property. Typically, voters pets will live much longer, because not all property owners to allow tenants to maintain the animals.
Advertise in the right place
The best way to get a good tenant is to avoid advertising in places where the quality of prospective tenants is not known. If your property is advertised on professional sites, it is usually better quality of prospective tenants.
How to maintain good tenant?
If you treat your renters well, they certainly will respect you; maintain your property, and renting for longer. Treat it well, it means quickly repair damaged property, including putting some stuff that makes your property more attractive to live. Property owners who appreciate the tenant will present good relations between owners and renters of property.
There are a few tips that can be done to build good relationships with tenants:
- Give the gift on the first day welcome incoming tenant.
- Do not buy cheap furniture with bad quality are easily damaged.
- Do a bit of renovation and repair while still hired. Do not wait until the property is vacant.
- Do not disturb tenants, because usually they are happy with the solitude. Do not be too often visited them.
- Creative when approaching the end of the lease. Do not just raise rents, but try to offer something, such as greeting cards thank you has been a good tenant.