A landlord’s guide to attracting the best tenants
Great tenants can help to look after your property and your bank balance, which is why it is important to make an effort to attract the best – and keep them. To do this, start by following these top tips.
Look at the competition
Get online or talk to local agents and make sure that you are offering as good as, if not better than, the competition. Look at what tenants are getting for their money elsewhere and make sure that you are offering these features and benefits at a price that will attract the best tenants around.
Market your property
The best tenants have to know about the property you want to rent it, so get it out there. Make full use of the internet, social media, local publications, etc.
Be ready for viewings
Make sure that you can be as flexible as possible to accommodate viewings and be ready to sell your property and the services you can offer, such as comprehensive inventories using property inventory software from providers such as https://inventorybase.co.uk.
Present well
Make sure your property is presented in the best possible way. Ensure it is clean and smell-free and that the garden is tidy and looks well-kept.
Appeal to a target market
Decide what sort of tenants you want and focus your efforts on attracting these; for example, if you are offering a professional let, make sure that you are advertising your property somewhere that the right sort of people will come across it.
Know your tenants
Get as much information as possible from prospective tenants and make sure that you check their references thoroughly. You may also need to consider your tenants’ right to rent and should always arrange for a credit check to be carried out.
Keep good tenants happy
Once you have found good tenants, try to keep them by ensuring they are happy. Carry out regular checks and keep on top of maintenance issues. Being proactive can often prevent problems from occurring and save you time and money in the long run.
Make sure that someone is available to respond to queries or issues promptly and always be willing to listen to what your tenants have to say. A good relationship can be the key to keeping great tenants in place.
