Tips to Find Great Tenants For Your Rental Property
Key Takeaways 1. Price It Right: Set a competitive rental price by researching the local market and factoring in your property’s unique features. 2. First Impressions Matter: High-quality photos and compelling descriptions can attract the right tenants and make your property stand out. 3. Proper Screening Protects Your Investment: Thoroughly vetting tenants with reference checks and questions helps ensure reliability and reduces the risk of problems later on. Are you struggling to find reliable tenants for your rental property? As a landlord,…
How to Avoid Water Damage in Your Rental Property
Key Takeaways 1. Proactive Maintenance is Key - Regular inspections of your plumbing, roof, gutters, and foundation can help catch small issues before they become costly water damage problems. 2. Communication is Crucial - Keep an open line with your tenants and encourage them to report leaks or water-related issues early to prevent extensive damage. 3. Preventative Measures Save Money - Simple steps, like cleaning gutters, checking pipes, and sealing cracks, can go a long way in protecting your property from water damage. 4. Don’t Wait to Act…
How to Increase Your Income Without Raising Rent
One of the proven strategies for building long-term wealth is investing in real estate and turning it into a rental property. Over time, you may find it tempting to increase rent as the market value of your property rises. However, raising rental fees can backfire, leading to vacant units or reluctant tenants refusing to renew their leases. Rather than simply raising rent, there are other strategies you can employ to boost your income without risking tenant turnover or vacancies. At Liberty Real Estate Services, we’ve focused this article on …
The Benefits of Renting to Tenants with Pets
Are you looking for ways to make your Hinesville rental property stand out from the rest? You should consider turning it into a pet-friendly rental! Renting to tenants with pets might sound like extra work, but it’s a decision that can truly pay off. By opening your doors to tenants and their furry companions, you can attract a larger pool of applicants, minimize vacancy periods, and potentially charge higher rent or pet fees, increasing your rental income. Of course, allowing pets into your Hinesville rental will signify increased maintenance …
Best Ways to Communicate With Tenants: Email, Text, or Call?
Unlike before, landlords nowadays have plenty of options available to get in touch with their tenants. However, the availability of too many tools can also make it confusing which to choose for a specific situation. When is it acceptable to email, text, or call your tenants? If you are always going back and forth over which action to take for a particular scenario, learn more by reading our guide. Phone Calls During a long tenancy, phone calls with renters are likely to occur. For instance, you may need to inform them about a scheduled property…
