A property is a good investment — we all know that. If you have a property and you want to earn passive income from it, your goal is to lease it out quickly. A tenant is a person who occupies land or property rented from a landlord and surely, you need to find a tenant. Not just any tenant but someone who is going to pay their rent on time and look after the property as if it was their own.
Now the question is, how do you lease your property quickly?
Here are some tips on how you can get started.
1.) Take high-quality photos of your property
Presentation means a lot. You should not just take good photos but professional photos that show the property in its best light and will emphasize its top features. Some 67% of house hunters said they loved their home at first sight, so property photos can be the starting point for many people who are looking to rent a property.
Try to include images that can give tenants an idea of its potential, highlighting areas where they can add their own decor as well
Include images that can give tenants an idea of the property’s potential — highlighting areas where they can possibly personalize the spaces like big walls for decoration, a veranda where they can build their mini garden and others.
You can also include other additional details like parking spaces, outdoor spaces
2.) Price your property right
Before finalizing your price, make sure that you check your competition. You can’t have a monthly rent that is unrealistically high or above the market value cause that will make it difficult to get a tenant. On the other hand, you also want to avoid pricing your rental way too low.
Understand the rest estate market in your area. Take into consideration the location and expenses and other things that will add up to the value of your property.
3.) Create detailed listings
Writing a detailed, comprehensive listing that is put together perfectly can also help your property to get rented quickly.
Renters know what they want and so giving them the specifics of the property will help them decide faster. It also minimizes the queries as everything is already published in detail.
Include dimensions, furnishings, accessibility features, nearby public transports, rules (about pets and overall property policies) and other things that your prospects need to know.
4.) Do regular routine inspections and maintenance
Make sure your property is in perfect shape by doing routine inspections. This will also help attract good tenants in. Usually there would be schedule visits of interesting renters and so you want your property to look good when they see it.
5.) Upgrade your furniture and add some bonus features
You can add some nice touches. Maybe an aesthetically-pleasing furniture and other decent-looking pieces to make the space extra pretty. It doesn’t have to be expensive but just make sure that it matches the whole vibe of the property.
6.) List on multiple online sites
Use social media and other property marketplaces where you can publish details of your offering. The more platforms you use, the better exposure.
Speaking of property investments, One Lancaster Park surely offers the best property investment plan. With just 10,000 downpayment, you can reserve a unit and later, turn into a rentable property.
One Lancaster Park (OLP) is a 10-hectare master-planned community consisting of 15 mid-rise towers. Located in Lancaster New City, Imus Cavite, One Lancaster Park (OLP) combines the convenience of the metro combined with the comfort of the suburbs. Aside from the beautiful location, OLP is just a 10-minute drive from Cavite Expressway (Cavitex) and 30 minutes from Ninoy Aquino International Airport and SM Mall of Asia.
One Lancaster Park offers top-notch amenities and guarantees utmost security with 24/7 surveillance and CCTVs, smart cards, power generators, fire detection sprinkler system, perimeter fences and other safety features.
For more information, visit https://www.onelancasterpark.com.ph or send a message via Facebook and Instagram.