Ways to get your tenant to pay more rent - 2

It’s no secret that the rental market in some parts of the country is sluggish.

But just because some areas are performing below average it doesn’t mean that investors can’t achieve rental growth.

The truth of the matter is that you can manufacture higher rents no matter what the market is doing.

Don’t believe me?

Well, let’s take a look at some of the strategies to get your tenant to pay more rent.

Allowing pets

Once upon a time, not that long ago, it was extremely difficult for tenants with pets to find a rental property.

That was because landlords were more worried about the potential damage from Spencer the dog or Trixie the cat, than they were about securing a long-term tenant.

Thankfully times are slowly changing.

You see, educated investors know that one of the keys to successful property investment is to invest in the types of dwellings that will be in constant demand.

And they also understand that long-term tenants are fundamental to enjoying a long-term property investment journey.

Tenants with pets are usually grateful for the opportunity to secure a home for the entire household and will often return the favour by paying more rent and staying for longer, too.

And, of course, fewer vacancy periods means more rent.

RealRenta has all the tools that a property manager has, but at over ¼ the cost of a property manager.

Join now and the cost is less than a cup of coffee a week to manage your rental property

RealRenta also has a free vision, so why not check it out

Jason Gwerder
Tuesday, 9 March 2021

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