The ideal tenant is the tenant best suited to your property.
For example, if you have an apartment close to a university, a student would be most likely to attract your property. Meanwhile, a three-bedroom house in a school catchment means a family will find this particular property appealing.
Understand your demographic
Hone in on a niche market. By understanding your demographic and target to them, you will end up with optimum rental return and more options in tenant selection.
Assess the features of your property and see how they can relate to particular demographics. Target marketing also helps you figure out where you stand against comparable properties and what are the steps you can take to benefit your target audience.
Create a winning listing
Start by highlighting the best features. Show off the most attractive features of a rental property that will appeal to any tenant. Make sure your listing is visually appealing with high-quality, professional photos. For additional visual aids, provide floor plans. You can even include a video tour.
Ask the right questions
Once you’re going through tenant applications, keep the screening process efficient. Here are some of the most useful questions to ask when screening a tenant:
- When are you planning to move and why are you moving?
- How long have you lived in your current residence?
- Why are you looking for a new residence?
- Do you have references from former landlords or employers?
- Who will be living in the property?
- Are you a pet owner?
- Do you have any questions for us?
Stacey Lee Realty has experienced Property Managers to handle the task of maintaining your investment and ensure your investment is working for you with minimal hassles. Call us today at 07 3399 2966 or visit www.staceyleerealty.com.au