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How to Fill Your Vacancies Part 2

Charlotte Property
Making sure that you have tenants in your rental properties is the most important thing for a landlord to do. You need to be sure that your investment is turning a profit, especially if you are paying maintenance fees or some other cost from month to month. Here are a couple of things to think about when trying to get someone new into your apartment with little time between tenants.
1. Marketing. How you market your rental space is one of the most important things that you can change in order to get a tenant. Each tenant is different and as such, each one will find your apartment in a different way. If you are looking for a certain type of tenant, it is best to alter how you market the apartment to catch their attention. For example, some people will go through realtors. Others will use free websites or apps on their phones. Each person will also respond differently to certain forms of wording in regards to what you can offer. Think about what you would likely respond best to and pretend you are marketing your apartment to yourself.
2. Policies. Policies are huge when it comes to renting out an apartment. One of the biggest things to take into consideration is whether or not you will allow pets. Most people will be willing to pay a little extra if it means they are able to have an animal or bring their current pet with them. Just remember that service animals are quite a different story and there are laws protecting them. Another policy that you may want to give some thought to is smoking. Increasingly, we are seeing landlords who specifically state that they will not rent to smokers due to the damage that smoke can do to the walls of buildings, especially with medical conditions such as allergies and asthma being noticed in increasing numbers. Always be open and up front with your tenants about what your rental policies are.
Although these seem like simple things to think of and about, many landlords forget to write certain things out in their summary of an apartment or simply don't think about the difference something as simple as writing on one website instead of another can make. Stay tuned for some more ideas about how to fill your rental vacancies.