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Things You MUST Do when you cannot Find a Tenant

Things You MUST Do when you cannot Find a Tenant

Has your rental property been on the market longer than you think it should be? A house without tenants is costing you money, so if your ad has been up for 2-3 weeks and you are not getting any serious enquiries, it is time to rethink your strategy.

Having a house that is not getting any tenants can drive any property owner crazy. Doing the same thing over and over again and expecting different results has always been a good definition of insanity, so it is time to make some changes to your ad.

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The Ultimate Guide To Finding Great Tenants

The Ultimate Guide To Finding Great Tenants

I still remember the pain.

I would wake up in the middle of the night, wondering if the next rent payment was going to come in. Will the kitchen or the new carpet be ruined? It almost killed me.

My worst tenants ever, and they were only in the house for two months. Those two months felt like two years! EVERY DAY I worried what the next day might bring. After I got court orders to kick them out, they graffitied the whole house from top to bottom. I will never go through that again. Never!

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What to do if you can’t find a tenant

What to do if you can’t find a tenant

A rental property without tenants is worse than frustrating. For the owner, it means that money is going out instead of coming in.

The first two weeks that your property is on the rental market is critical. This is when the property seems the freshest and most attractive. Like any marketing exercise, you want to present the freshest merchandise you can.

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How to Create an Effective Advertisement for your Rental Property

How to Create an Effective Advertisement for your Rental Property

Part of good property management is knowing how to effectively market your rental property. First you need to identify your ideal tenants. These are the tenants you picture living in your property. This is important because this decision will set the scene for the rest of your marketing campaign. If you’re targeting high end corporate professionals, you need to come up with a corporate-looking advertisement – classy photos and elegant write-up, for example. And as listings for rental properties move online and advertisements have become standardised, you need to make your property stand out.

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5 Things Property Owners must do before Handing over the Keys

5 Things Property Owners must do before Handing over the Keys

As a property investor, it is vital that a number of tasks are completed before handing over the keys to your new tenants. By completing these tasks you are much more likely to have a smooth tenancy so It is important to set the scene from the beginning as to how the tenancy will unfold.

I have outlined the 5 most important things every property owner must do before handing over the keys to your tenants and having them move in.

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How To Set The Price For Your Rental Property

How To Set The Price For Your Rental Property

One of the most important aspects of renting out your property is determining the value of your property. When you’re trying to advertise your property to attract your most ideal tenants, setting the correct price for your property is paramount. Read More

Real Estate Agent Fees

Real Estate Agent Fees

As of February 2017 I have provided new property management fees for 2017.

I have also created a special bonus at the end that will tell you exactly how much you are spending on an agent.

In the past many Property Owners were basically forced to use an Agent to help manage their investment properties because of a lack of tools and resources available to property owners to go DIY on a professional level. However many owners still use an agent and as always the first thing investors think of when using a Property Manager is the cost.

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