Finding Good Tenants Is One Thing--Retaining Them Is Another - Green Residential
Finding Good Tenants Is One Thing--Retaining Them Is Another - Green Residential
Abstract
The average time a U.S. renter in a multi-family building stays just over 27 months. Good customer service should be a part of your business plan. Hiring a property manager will help since the service provider can be the go-to source for tenants. If you have quality rental units, charge fair rents, and offer incentives for renewal, the odds are on your side that good tenants will stay put. The odds are that good people will stay. If you don’t have vacant units, you won't have vacant Units that bring in zero monthly rent. It’s also a good idea to check in.
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Did you know about 44 million housing units were occupied by renters in the U.S. last year?
Finding good tenants is hard work. It involves advertising vacancies in the right places, charging competitive rental rates, conducting thorough background checks, and doing other things. One source notes that the average time a U.S. renter in a multi-family building stays is just over 27 months. If you do your homework and find good tenants, you’ll want them to stay longer than that. Vacant units mean...
Did you know about 44 million housing units were occupied by renters in the U.S. last year?
Finding good tenants is hard work. It involves advertising vacancies in the right places, charging competitive rental rates, conducting thorough background checks, and doing other things. One source notes that the average time a U.S. renter in a multi-family building stays is just over 27 months. If you do your homework and find good tenants, you’ll want them to stay longer than that. Vacant units mean...
If you’re a landlord, you’re almost always searching for good tenants. They keep your business running and make life so much easier.
Good tenants pay on time and respect your property, while bad tenants cause problems and may even necessitate a costly eviction. So how do you find the good ones?
In this post, we’ll cover seven proven steps to find high-quality tenants wherever you are.
1. Prepare the property
The first step to finding a good tenant is to offer an attractive property. If yo...
If you’re a landlord, you’re almost always searching for good tenants. They keep your business running and make life so much easier.
Good tenants pay on time and respect your property, while bad tenants cause problems and may even necessitate a costly eviction. So how do you find the good ones?
In this post, we’ll cover seven proven steps to find high-quality tenants wherever you are.
1. Prepare the property
The first step to finding a good tenant is to offer an attractive property. If yo...
Learn when less is more! Listen about our 3 strategies to pay less money in taxes and implement them already this year! Brush up on how renting out for less than 14 days can save you from paying taxes, why you are first a marketer and then an investor, and how to take that training you need to develop your business and save your tax money.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Learn when less is more! Listen about our 3 strategies to pay less money in taxes and implement them already this year! Brush up on how renting out for less than 14 days can save you from paying taxes, why you are first a marketer and then an investor, and how to take that training you need to develop your business and save your tax money.
Learn more about your ad choices. Visit megaphone.fm/adchoices
By Nicole Seidner The internet delivered another of its famous surprises this month when one Australian comedian and renter decided to ‘clap back.’ Tom Cashman applied for an apartment and was approved, however, when he asked the real estate agent for the landlord to give him a reference from the previous tenant, that’s where things got dicey. There may be a new trend of applicants asking landlords for references coming around the corner, and heads up: there’s absolutely a right way and...
By Nicole Seidner The internet delivered another of its famous surprises this month when one Australian comedian and renter decided to ‘clap back.’ Tom Cashman applied for an apartment and was approved, however, when he asked the real estate agent for the landlord to give him a reference from the previous tenant, that’s where things got dicey. There may be a new trend of applicants asking landlords for references coming around the corner, and heads up: there’s absolutely a right way and...
So you closed on a "real deal," now what? If you didn't know, it's a new ballgame altogether. Do you know the rules?
Matt picks up the Livin' the Dream series from where he left off on Episode 94 to discuss repairs and rehab, finding good tenants and an update on his virtual wholesaling apprentice Lisa Nilson.
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Download Matt's free real estate investing course "How to Do Deals | No Money Required" at FreeRealEstateInvestingCourse.com or text FreeCourse to 55678...
So you closed on a "real deal," now what? If you didn't know, it's a new ballgame altogether. Do you know the rules?
Matt picks up the Livin' the Dream series from where he left off on Episode 94 to discuss repairs and rehab, finding good tenants and an update on his virtual wholesaling apprentice Lisa Nilson.
-------------------------
Download Matt's free real estate investing course "How to Do Deals | No Money Required" at FreeRealEstateInvestingCourse.com or text FreeCourse to 55678...
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A listener asked Tim and Julie Harris, 'Tim and Julie, if you were to get back into real estate what is the ONE thing you would do to generate leads?'. (Long time listeners won't be surprised by the answer.) Listen now as Tim and Julie show you exactly how to become a listing agent and make the most of what this market has to offer. No matter what happens next for housing, the economy, social unrest, etc etc there will always be a need for caring, competent and SKILLED real estate professionals....
A listener asked Tim and Julie Harris, 'Tim and Julie, if you were to get back into real estate what is the ONE thing you would do to generate leads?'. (Long time listeners won't be surprised by the answer.) Listen now as Tim and Julie show you exactly how to become a listing agent and make the most of what this market has to offer. No matter what happens next for housing, the economy, social unrest, etc etc there will always be a need for caring, competent and SKILLED real estate professionals....