| 1. |
Remember time is of the essence. Each week of vacancy easily costs $400 or more. Make a written marketing plan and stick to it. |
| 2. |
Make your home an attractive choice by cleaning or replacing carpets, painting and making repairs as needed. |
| 3. |
Minimize your marketing expenses and maximize your exposure by using the internet. Enter your property into the MLS and get it on Realtor.com with a visual tour for maximum exposure. |
| 4. |
Study the market and know your competition. Realtor.com offers the largest list of rentals by far. Use it to compare other rentals currently in the market and make sure what you are asking is competitive. Asking too much can result in a costly extension of vacancy time. |
| 5. |
Become familiar with the local, state and federal laws regarding credit, fair housing, health, safety and other issues required of landlords. |
| 6. |
Perform a thorough tenant screening while being careful to comply with applicable local, state and federal laws. |
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- we have tenants looking for rental homes -
- call 951-308-1017 for info - |
| 7. |
Have your home inspected by a professional home inspector to avoid surprises. |
| 8. |
Investigate using a home warranty to manage your maintenance and repair risks. You may suprised at how affordable it is. |
| 9. |
Encourage your tenant to carry renters insurance. |
| 10 |
Complete a thorough written inspection report on the home and photograph any item important enough to put on the report. |
| 11. |
Check with your insurance company regarding your own coverage. Some insurance companies require that your property be professionally managed if you do not live close by or your coverage could be modified |
| 12. |
Investigate the benefits of using professional property management services to control costs and manage your risks. Click here for more information |
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- thousands of rentals have been MLS listed in 2008 -
See what has rented and for how much
Also see info on properties that were not successfully rented
Call 951-308-1917 for a FREE Market Activity Report for your area
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