There are a number of things to remember in placing your home on the
rental market. The first thing to do is to work out the market rent.
This is one of the factors that potential renters will look at. If your
rental price is too high and not competitive renters won't consider it.
They're looking for the best deal that can help them save money.A
way to pull in better applicants and find the perfect tenant you've
been looking for, is to set the price just a little below the market. It
doesn't necessarily mean offering a very cheap rental without any
profit as potential prospect may think that its a scam. Just set a price
a little lower that the other rentals in your area for it to
catch there attention and hopefully attract more applicants.Intensive
research is important in order to check the rental rates of your
competitors. Once you've found a great tenant, you would want to keep
them for as long as possible. Rental rate affects the renter’s decision
if they will stay or go. If you impose a price increase at the end of
the year this may cause them to leave. Once you’ve find the best tenant, take into consideration if it is going
to be justifiable to raise the rent. It will certainly define their
Author:Nick Walton Phone: 469-556-2393 Dated: November 24th 2014 Views: 985 About Nick: I’m a Real Estate Professional by day, aspiring Tennis Pro by night.
I am originally from Londo...
"When my Wife and I bought our House the market was crazy. Inventory was very limited and quick action was necessary. During this tough time we needed a smart, tenacious, agent. We found these qualities in Kellye Demski. Kellye always brought us the latest listings and gave us sound advice on when to make an offer. Kellye showed great patience with us as we looked at House after House. We are very happy with our
purchase and Kellye made the buying process as painless as possible. We would definitely use Kellye again and refer her to Family and Friends.