How are you currently promoting your rental property?
- Word of Mouth
- Distribution of Flyers
- Online Advertising
The timing of your marketing efforts is crucial. Delaying the promotion of your property significantly increases the likelihood of experiencing a vacancy. Typically, the most desirable tenants are those who are well-prepared. It is advantageous to secure tenants early in the academic year to attract high-quality applicants.
Better yet, hire a quality manager to handle your leasing, maintenance, and rent collection and you won’t have to worry!