Do not offer to wonder around, conduct a tour.
Sunday, March 06
When showing the property, don't offer to wonder around. Offer a guided tour. This way you can point at the selling features (kitchen, large room, view from the deck). "Hon, look here's a kitchen" will be converted into "Here's the large kitchen with isle, all appliances, including new fridge and...
When choosing a property manager
Thursday, March 03
When choosing a property manager - ask them how many rentals they own? I am a firm beliver that if people do not believe in the product they sell (i.e. PC user sells Macintosh computers for living), they aren't good at what they do.
Easy solution to keep the carpets clean
Thursday, March 03
We had carpets shampooed and (naturally) wanted to keep them clean for as long as we showed the property. I was suggested to buy a roll of sticky film from HomeDepot ($10 that only covered 20 steps and 1 room). I rolled it on the steps and in the bedroom and had it removed the same evening (good ...
Keep your eyes open the moment prospective tenant pulls in the driveway
Thursday, March 03
Start paying attention to the prospective tenant's behavior the moment they show up in the driveway. Example #1: one lady who came for the showing, parked in between two parking spaces. As a result, the next door neighbor (homewoner) had to park on the street. If they obviously didn't learn by ...
When advertising a rental via sign in the neighborhood
Thursday, March 03
Create a website with pictures, room sizes and detail description. Then when someone calls off your sign, direct them to the website and ask to call you back to schedule a showing if they're interested. By doing this you will save yourself a lot of time.
When prospective tenant is inquiring about "Rent To Own"
Thursday, March 03
You can be rest assured the credit is not good. Follow up with the question: "Why are you looking for Rent to Own" and listen for clues. Most likely there are major credit issues.