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5 Ways To Find New McDonough Tenants

Open House Ad in Newspaper ClassifiedsOne of the most common challenges for McDonough property owners is finding a quality tenant. So much depends on renting your property to someone who will not only pay their rent each month and on time, but who will also take good care of the property. These five great ways of finding a tenant can help you get the most suitable one for your property. Together, these methods let you keep your vacancies short and the rental income flowing.

1. Hang a “For Rent” Sign

Even if most renters these days use the internet to locate properties for rent, nothing can truly take the place of posting a “For Rent” sign in the yard. It is simple, inexpensive, and yet effective. A well-put-up sign can draw in prospective tenants who are looking for rental homes in specific neighborhoods or near certain amenities.

2. Rental Websites

When advertising your rental property, it is helpful to list it on various rental websites. It is common knowledge that the vast majority of renters in all age groups start their rental property search online. The more visible your property, the larger pool of applicants available to you.

3. Social Media

In addition to rental websites, social media presence is critical to effective advertising. People spend a lot of time on social media. Having information about your available property circulating there will help you engage with them. Having the significant advantage of being shareable, social media lets people forward posts about available properties to people they know are looking for a new home.

4. Classified Ads

Depending on your target demographic, classified ads may also be an effective way of drawing prospective tenants to your property. There are many inexpensive options to advertise in, such as local newspapers, online classified ad websites, and even community bulletin boards (both physical and online). When you know where your ideal tenant goes to get information about rental homes, you can strategically place your advertisements for maximum visibility.

5. Word of Mouth

Advertising professionals will always tell you that a few modes of advertising are as effective as word of mouth. When you have available rental properties, you should tell people about it. Friends, family members, neighbors, and fellow property investors can all be beneficial in spreading the word. Prepare some flyers and bring them with you wherever you go. If it is within your budget, you may offer a referral fee for an added incentive. Engaging with the public and having a network of personal contacts can work to your advantage as you find your next great tenant.

At Real Property Management Anchor, we take care of advertising and leasing rentals for you. Call us at 770-506-1237 or contact us online to discuss strategies we implement in our rental property management plans!

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