Finding good tenants for your buy-to-let properties is essential, and keeping them is even more important. Here are 5 simple tips to help you find your ideal tenants.
Know who your ideal tenants are
Before starting to look for your ideal tenants, you must have an idea of their profile. Some of the key characteristics include that they pay rent on time, have a regular employment and are respectful.
Quality is key
Well-maintained rental properties that have recently been redecorated or have upgraded kitchens and bathrooms will attract more prospective tenants. This will provide you with a larger pool of applicants to choose from.
In addition to providing a good quality home, it is also very important to price your property fairly if you want to maximise the number of applications you receive. Always keep in mind that the best tenants are those who are going to look after your property, not necessarily the ones who are willing to pay the highest rent.
Treat your tenants well
Every landlord should keep in mind that tenants can come and go. If you do have some tenants that you really like renting to, make sure to treat them well. When possible, try to reply to your tenants’ messages or calls on the same day, so that they don’t think you’re ignoring them.
Maintenance is key
Always remember that a well-maintained property is a comfortable property, and one that your tenants will be pleased to stay in.You should also consider scheduling routine maintenance to show that you are willing to keep the property in a good condition throughout the duration of the tenancy.
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