Vacant Sandy rental properties can be exceedingly expensive for a property investor. If a vacancy lasts for over a couple weeks, it could move you back a whole year’s worth of gains, or more supposing you have mortgage premiums to make for your property. To help you spot qualified tenants to inhabit your vacant rental properties, you can cut the interval a tenant takes from knowing your property to signing a lease by making use of good signage.
Possessing good signage is one of the most convenient ways to attract tenants to rent from your property. Consistently, when prospective tenants see a “For Rent” sign, they will have an interest in learning more. If your “For Rent” sign is hard to find, difficult to read, or not aesthetically pleasing, then it could be a distractor from getting tenants to sign a lease with you. The more you do to make the process of finding your property and learning more about it easy, the less time you will have to spend to fill your vacant Sandy rental properties.
Professional Signs
Attract tenants to rent by attaining a professional “For Rent” sign. A professional “For Rent” sign should have a neat, minimalist, and cogent design. Some owners try to get away with scrap plywood or cardboard signs that are propped against the mailbox with sloppy handwriting and their phone number scribbled somewhere on it. Another step above this would be to find a sign at a hardware store. However, these signs tend to not have much room to add information or attract tenants to rent. On the other hand, a property management company will have professionally made signs with a credible name and targeted information that can help renters trust enough to reach out to find more information.
Proper Visibility
The chief motivation of having a sign is for people to eye it without having to pull out of their way to read it or not be able to find it at all. Inexperienced owners tend to put “For Rent” signs in the window or somewhere near the house. This can result in a longer period of vacant Sandy rental properties. However, the best way to help your sign to be the most visible to your prospective renters is to place the sign close to the street. Make sure to place the sign in an area that is open and clutter-free; away from any trees or plants so that it can stand on its own. Once you have your sign in a clean and open area, you could also put balloons or something else to make it stand out from the traditional yard signage. A combination of great signage and aesthetically pleasing curb appeal will go far in attracting tenants to rent.
Include Important Details
The central article that aids an owner avoid vacant Sandy rental properties is to help tenants locate the main components of your property. This can include the number of bedrooms and bathrooms, total monthly rent, whether utilities are covered, and contact information- including a phone number and email address so that they can get a hold of you. If there is more room on the sign, you can also include information about the area, recent upgrades and improvements you made on the property, or anything else that might make the property stand out above the rest. If your sign does not have enough room, consider adding a flyer holder that can contain handouts that individuals can take and bring with them.
In Conclusion
As unadorned as a sign might hint, it can have a great effect on attracting tenants to rent, obtaining further information about the property, and determining whether they are fascinated in communicating with you or not. As you create the operation to become easier for tenants with correct signage of your rental property, your rental vacancy time will reduce and vacant Sandy rental properties will be an item of the past.
Want to find out more about Real Property Management Wasatch? Learn about the services we offer to help better your investment and avoid vacant Sandy rental properties. Contact us online or call us at 801-418-9835 today!
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
