Getting Good Tenants insure your Alberta home
You are looking to rent a property. Some people move, and simply rent out their last home after moving instead of selling it. Another situation is where you have done a basement renovation and have a suite that is available to rent. What is the best way to find tenants?
You'll need to write an ad that describes your property, but also sets it apart from all the other rental properties being advertised. Have a lot of details about the property in the ad. Be descriptive and interesting, get the reader on your side. You should have a lot of information in your ad, including the number of bathrooms and bedrooms, parking, the date the unit is available, parking, laundry, pets and other terms of the rental. This way, you won't need to answer countless telephone calls.
Having pictures in your ad will make a huge difference. Many readers will not even bother with an ad with no photos. Don't forget to include your contact information: name, phone number, email address. You want to make it easy for them to contact you.
Place your advertisement
It's a good idea to use several avenues for your ad. But also consider your target market. Renting out a small bachelor unit is not the same as a large penthouse suite, so advertise appropriately to find your target audience.
Placing a CraigsList ad is one of the best choices since it's free, and has so many people that read the ads daily in virtually every city. The simple layout on websites like these helps to make it accessible to virtually everyone, so your future tenants can find you with no troubles. Attach at least 4 colour photos; 3 photos if the interior, 1 of the exterior. Some rentals may have a nice view behind it, be sure to get that in the photo. People will stop and look at that.
Social media: Put postings on your Facebook page and/or Twitter account to let everyone know you have a property to rent.
Putting a sign in the window can work just fine, and some landlords still use this method to find tenants. People who live in the area will see the sign and recommend it to a friend who is looking for a rental, or someone just visiting the area may see it and inquire about renting. Try and put a lot of details on the sign, like the bedroom and bathroom number, price, the availability date, etc. This will prevent people calling just for information. Your contact phone number should be big enough that people on the street can read it.
Finding tenants can sometimes be as simple as telling some friends and family, and word of mouth can do the rest. Acquaintances sometimes have knowledge of people that are moving into your part of town.
Local bulletin boards: Put up a sign, or flyer, at your neighborhood community centre, grocery store, or library. Make your flyer eye-catching by including colour photos, and don't forget to include tear-offs at the bottom of the sign with your contact information and the address of the property.
Be sure you take the time to find a suitable tenant, don't rush into it and accept the first application you receive. A landlord would be wise to take their time and find responsible tenants who can easily afford to make rent, and are respectful of your property and treat it well. Read further about selecting and evaluating tenants the right way.