Getting Great Tenants To Sign A Lease Agreement

The Art Of Signing The Lease

One of the most important steps in running a successful income property is signing the tenant. Having the right tenants can mean the difference between success or complete frustration. If you’ve chosen well, your property will practically run itself.

Landlords/property owners must follow a well planned process. Taking the first couple(and I’ve heard this has been done) to have first and last months rent can cost you money and sleep in the long run. Screening your prospects and proper background checks are paramount.

First, have your unit “show ready”. If it’s already vacant great, you can begin the clean up. Showing your unit before it’s ready can turn off your best prospects.

The next step is to get your advertising out there. Lawn signs aren’t enough. Many people look online for apartments as well as print advertising, learn to use it. If possible have everything set to go at once. This is your Ad’ campaign .

Staging Your Rental Unit

Most homeowners know when it’s time to sell, their home needs to look it’s best. The process of putting your home on display for potential suitors is called home staging. But what if your goal is to get renters into your unit? Many successful landlords will put the time and extra effort to “stage” the unit in the same way you might for listing it on the market. In essence you want to “sell” the unit to potential renters.

It’s helpful for renters to picture themselves living in your space just the same as buying the home from you. So the next step is to figure out what we need to do to put our rental on display.

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