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 .
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 .