Tips for minimizing vacancy in rental properties.

Reblogger Wallace S. Gibson, CPM
Property Manager with Gibson Management Group, Ltd.

 

Thank you Gita!!! This is GREAT information on getting rental units READY before showing.......It reminds me to order my case of Carpet Fresh to keep in my car!! 

 

Original content by Gita Bantwal

I receive calls for rentals from time to time. I find that some properties rent quickly and some are on the market for long.

Here are some tips for landlords:

1. Make sure the apartment or house is clean. That is the most important thing for prospects. As soon as a tenant moves out get rid of the trash, and the metal hangers in closets and get it cleaned . Pay special attention to the stove and oven.

2.Fresh coat of paint. Paint a neutral color throughout.

3.If the carpet shows wear and tear , new carpeting always helps rent quickly. If the carpet is less than 3 years old, have it shampooed .

4.If the apartment has washer, dryer and refrigerator it is easier to rent out the place.

5.Price it at fair market rent , base it on comparable rents in the neighborhood.

There are many people looking to rent because it is getting difficult to qualify for a mortgage. If you would like to look for investment properties call Gita Bantwal at ReMax Centre Realtors 215-343-8200x124 0r cell 2152758491

visit www.gitabantwal.com and look up 1000s of properties.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Groups:
Best Business Practices
CHARLOTTESVILLE REAL ESTATE
Investing in Real Estate
Property Management
Rental Agents and The Single Family Rental Market

Spam prevention
Show All Comments
Ambassador
1,256,858
Ralph Gorgoglione
Maui Life Homes / Metro Life Homes - Kihei, HI
Hawaii and California Real Estate (310) 497-9407

some good basic tips.

Thanks for the re-post.

Ralph Gorgoglione

Jan 30, 2010 11:31 PM #1
Rainmaker
1,277,994
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

Ralph * Basics are often forgotten or overlooked which is unfortunate!!  I appreciate Gita's taking the time to remind us!

Jan 30, 2010 11:35 PM #2
Rainmaker
2,614,114
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.

What simple ideas and yet not followed. Even if your home is for sale these are good tips.

Jan 31, 2010 12:09 AM #3
Rainmaker
1,277,994
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

Charles * I agree.  KISS works with sales and rentals and the simple things are often overlooked

Jan 31, 2010 12:31 AM #4
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,277,994

Wallace S. Gibson, CPM

LandlordWhisperer
Ask me a question
*
*
*
*

Additional Information