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Tip #283: Narrow It Down

 Finding the right tenant to fill a vacancy is a numbers game. You want to attract as many applicants as possible, but sifting through prospects can also be a drain on your resources.

There’s a balance to strike between getting applicants through the door, and narrowing it down so only those who are qualified pick up the phone or shoot you an email.

If you find yourself talking on the phone to half a dozen prospects, only to find that none are qualified to rent your property, take a harder look at your rental ads.

The more information you provide about the rent, the size, the locale and amenities, the costs and the terms of the lease, the more likely that prospects can do some of the screening for you. They won’t want to waste their time on a unit that isn’t right for them.

That way, they won’t waste your time either.

See last week’s Landlord Quick Tip.

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