Advertising Rental Property– Part IV

Other methods of advertising for tenants for your rental property include:

1. If, the rental units are close to a large university or college, a good idea would be to place your advertisements through their housing offices. The same can be done for property in the vicinity of big employers running employee assistance programmes. You will find that most college and corporate housing offices will list rentals free of cost or for a very small fee. Corporate housing is the best bet for landlords, since they can be assured of the fact that their prospective tenants hold regular jobs, and have passed the same screening tests (for the job) used by landlords. For example, you can be sure they have been vetted and former employers contacted for in-depth verification. No doubt, you will save time and effort by taking advantage of these ‘pre-screened’ applicants.

Next, there are some advertising methods that work pretty well for high-end properties or multiple units:

1. If, you have upscale rental property, it is best to let real estate offices handle your rentals, and but of course, they will do it, only for a fee. Often, you will find agents supplement their incomes through rental businesses, which also gives them a bead on potential homebuyers. It is quite possible; today’s tenant may metamorphose into tomorrow’s home buyer and their client. Real estate offices may charge about 10% of the rent i.e. equivalent of a month’s rent, while not only advertising, but showing, and occasionally selecting tenants, as well.

That apart, landlords should make themselves cognisant with all rules and regulations before drafting tenancy leases or rental agreements. They must also take all necessary precautions, such as, tenant screenings, background checks on prospective tenants, including making certain all rental lease clauses are adhered to, as insurance for a litigation free landlord / tenant relationship. A simple click of the mouse and any landlord or property manager can visit www.e-renter.com for their tenant screening and background check services. www.e-renter.com, the best tenant screening agency in America!