Property Management: Finding & Communicating with Tenants
Ready to find a tenant for your property? Nervous about the intake/screening process? Worried about setting boundaries for communicating with your tenants?
This blog post is for you!
Finding tenants is similar to finding buyers. The first step is to advertise the rental opportunity. On your own, you could platforms like Apartments.com, Rent.com or Zillow Rental Manager. These sites will put your rental in front of potential tenants at a higher volume than simply putting up a “For Rent” sign. However, in either case, you’ll need to have a way to screen the potential tenants that show interest.
This is where teaming up with a Real Estate Professional or Property Management company can make a huge difference. They will already have a process in place, including applications with helpful information for you as the landlord and credit/background check options all included in their services. Some will also already have a list of qualified tenants whom they can refer to your property, making this vetting process so much easier! In addition, their knowledge of the area and the current rental market will help you with determining the right monthly fees.
Once you find qualified tenants and establish a rental agreement with them, the next step is knowing how to communicated with your tenants. As a landlord, it’s imperative that you establish regular communications with your tenants and that they feel comfortable reaching out to you as well. So here are some ways to establish open, honest lines of communication and keep them going:
At the end of the day, communicating with your tenants is like handling any other professional relationship only this one requires you to give a bit more to help maintain. For many, this can become overwhelming so don’t be afraid to talk with property management firms to help you manage these lines of communication. It can help to have that extra set of eyes and hands.
If you’re looking to get tenants into one of your properties and want assistance with setting up open, honest lines of communication, contact our team today! We have several of our own properties and have assisted many clients with theirs, so we have an effective strategy to help you with yours. Use the form below and we’ll be in touch shortly!