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Wednesday, July 30, 2014

How to Find the Best Tenants for Your Temecula CA Rentals



How to Find the Best Tenants for Your Temecula CA Rentals


Having the right tenants has a lot to do with the success of a rental property investment. Both Temecula CA property managers and landlords agree to that. Good tenants don’t come knocking at your door just like that. You can actually plan to attract only the good tenants for your Temecula CA rentals. Here’s how:

Having a Temecula property manager working for you ensures you find only quality tenants for your rental property.

1. Outline your idea of right tenants

To some extent, the rental property will affect the types of tenants you will attract. For instance, a studio type apartment will attract single renters while a bigger home will attract family renters. But outside of this, you can actually decide on what types of tenants you want your ad to capture. What types of  tenants do you want to avoid? College students? Pet owners? a Large family? What types of tenants do you want to attract? Young professionals? Singles?

These kinds of questions can help you identify how to advertise your property. It will have an effect of the number and types of people who would check out your ad. Be sure to know what you want and what you don’t want. Also, remember that you must follow the Fair Housing Act so you won’t get in trouble for discrimination.

It is important that landlords know how, where, and what to advertise. If you work with Temecula CA property managers, that’s a load off of your shoulders since they can pretty much handle everything for you.

Additionally, you must know that the things that set your rental apart from every other rentals in your local area must be clear to hunters immediately. Usually, location is a prime consideration. If you can, use it to your advantage. Moreover, since more renters start their search online, you must make sure that your home for rent has a good online presence. The more people you attract, the better opportunity you have to choose the best tenants from the pool.

3. Be mindful of appearances

This applies both to the Temecula CA homes for rent and the landlords. First impression matters. Sometimes, landlords become so critical checking the applicant’s character they forget that the applicants are assessing them too. Be professional and organized when you deal with applicants. Good tenants are more comfortable when they know that the application process is handled professionally.

As for the home, you have to make sure that it is view ready. You can do little touch ups to make it more appealing, like applying a fresh coat of neutral paint or changing off/on light switches to dimmer light switches.

4. Establish an application and screening procedure

There must be a couple of requirements for renters. Rental application forms can help you get started on this area. Moreover, you can also consider charging an application fee. The beauty of this is that renters who are not serious will most probably frown at the idea of going through a process and paying a fee.  The better renters will stay with you all throughout.

Once applicants pass the requirements, it’s the time to check and verify. This may be more tedious than it sounds, but it’s a good way to ensure that you only accept good tenants. Then again, if you have the services of a Temecula CA property management company, you need not worry about a single thing.

The quality and type of renters you have can have a huge impact on your business, and your stress level as a landlord. It is best if you off load this to a Temecula CA property manager then you will have more time to interview good applicants or if not, maintain a good relationship with the nice residents you already have.

Have an expert Temecula CA property manager by your side and you are sure to have less problems. Call me, Sidney Kutchuck, today at 951-217-6745 or send an email at sidney@realtywrks.com or visit the Realty Works website at realtywrks.com