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5 Ways To Find New Bloomingdale Tenants

Open House Ad in Newspaper ClassifiedsOne of the most common challenges for Bloomingdale 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. Here are five great ways to find a suitable tenant for your property. Methods like these will help 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. Simple, inexpensive, and yet effective, a sign hung in front of the rental property helps draw in prospective tenants who are scouting for a home to rent in specific neighborhoods or near certain amenities.

2. Rental Websites

If you are advertising your rental property, it helps to list it on one or more rental websites. Various studies show that the vast majority of renters in all age groups start their rental property search online. The more visible your property, the larger the pool of applicants.

3. Social Media

Aside from rental websites, social media presence is critical to effective advertising. People spend a lot of time on social media, and it would be a great advantage for you if you have information about your available property listed there, too. Most people will often forward posts about available properties to people they know are looking for a new home. This is because social media also has the significant advantage of being shareable.

4. Classified Ads

Classified ads could be an effective way to draw prospective tenants to your property, depending on your target demographic. 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). Strategic placing of your advertisements for maximum visibility becomes easier if you know where your ideal tenant goes to get information about rental properties.

5. Word of Mouth

Advertising professionals profess that few modes of advertising are as effective as word of mouth. Once you have a property available for rent, 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. You can also offer a referral fee for an added incentive. You can easily find your next great tenant when you have a network of personal contacts and regular engagement with the public.

At Real Property Management Washington DC, we take care of advertising and leasing rentals for you. Call us at 202-813-9993 or contact us online to discuss strategies we implement in our rental property management plans!

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