While landlords may find the number of requests to tour the rental go down as a whole, the ratio of quality applicants to unfavorable applicants will be greatly increased, allowing landlords to spend less time touring, and more time signing.Ī few popular and time-tested means of finding tenants are as follows:Īny exposure is good exposure, especially when it doesn’t cost landlords a dime (unless they are looking for premium options). By creating quality, information-rich online postings, print advertisements, flyers, or similar advertisements, landlords will find the number of “flaky” calls/emails they receive be reduced significantly. Landlords looking to find quality tenants should be prepared to answer these questions up front in an advertisement/listing. Is there a washer and dryer located inside the rental? Will electricity, heating, air conditioning, and cable need to be factored into the monthly rent? Does the property require maintenance and renovation? The first action a prospective tenant typically takes is to scour the internet for apartments that fit their price range and preferences.
Step 1 – Prepare the Property + Determine the Rent Prepare the Property + Determine the Rent.
#Lease instacode how to
Learn the basics on how to market the property, show the premises to a suitable tenant, obtain their personal information for a credit and background check, and begin collecting rent by signing a lease agreement. Below is a guide on the leasing process for residential properties.