Tip #168: Getting Down to Business
Generating lots of interest in your vacant rental property is a good thing, right? Only if those interested candidates are qualified.
One good candidate is worth more than the dozen you have to turn away.
Draft your rental ads to eliminate unqualified candidates. That means adding enough detail — price, size, location, and any rules that may be limitations, like no pets or no smoking — so applicants can gauge their interest before they take up your time.
Get out of the habit of being mysterious — and you’ll spend less time on the phone with strangers who will never become your tenants.
See last week’s Landlord Quick Tip.
American Apartment Owners Association offers discounts on products and services for landlords related to your rental housing investment, including rental forms, tenant debt collection, tenant background checks, insurance and financing. Find out more at www.joinaaoa.org.