Ways landlords can find a tenant in a tough rental market - 1

Ways landlords can find a tenant in a tough rental market

If you think it’s harder to rent out your property than ever before, you’re not imagining it.

Not only are there fewer international migrants renting due to border restrictions, but many short-term rentals have converted to long-term.

While rents have held up in some areas, prices in some cities have taken a downturn.

But instead of a race to the bottom, there are other ways to attract the right tenant.

Renovate the property while it’s vacant

Updating a tired rental property can potentially improve returns and help landlords quickly secure a tenant.

Given the new year is a typical tenant changeover period, it may be a good time for cosmetic renovation.

Investors should take the opportunity to upgrade the property while it’s empty.

It’s never been a better time to freshen up paint or carpet. Normally, you’d have to designate a vacancy, whereas at the moment since the property is vacant you may as well do that

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

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Jason Gwerder
Thursday, 6 May 2021

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