DEADLY MISTAKE RENTAL OWENERS MAKE...READ NOW

 The Six Deadly Mistakes Rental Property Owners Make…

(How Many of Them Are You Making Right Now?)

Part 4 of 6 ....

Costly Mistake #4: Not Working with Someone with a Systematic Process for attracting a “constant” stream of quality tenants

Gone are the “good-old days”… of just throwing out a rental sign in the yard, on Wednesday, and the home would be rented by the end of the weekend. There is just too much competition out there, at the moment.

Let’s Face It, Finding Quality Tenants Fast, In This Economy, Is Extremely Difficult

If it was easy, you and I wouldn’t be having this conversation.

There is no way anyone can successfully manage properties -- especially a large volume of properties -- unless they have a proven system for finding quality tenants quickly. We have spent the last 12 years creating, testing, and refining our marketing system. Our tenant marketing systems generate 5 to 7 times the amount of tenant calls as the traditional rental signs on the property and ad in the newspaper.

Let me discuss a few of them now, but keep in mind, all these methods are trade secrets that my competitors would love to learn. Therefore, I obviously can’t reveal all my strategies so I will only highlight a couple of them.

1) We generate 532% more responses than a newspaper ad using a little known but highly effective website for advertising rentals. I know this sounds unbelievable, but we have tested this over and over again, with the same results. Nowadays, tenants simply prefer looking for rentals online, rather than the newspaper (as evidenced by many newspapers, around the country, struggling or going broke recently).

2) A rapid process for qualifying good tenants, and getting them to put down a deposit on your rental, quickly. Most managers take 3 or 4 days to approve a rental application. By that time, the tenant has often found something else.

Now this is not to say that we aren’t being picky, WE ARE. For example, we have found that about 30% of tenants are lying (a little or a lot) on their rental applications. They might use their friends as their landlord or employer, give a false social security number, or are currently under eviction at their present address. There are dozens of scams that horrible tenants use to try and slip under the radar, and move into your home.

However, the reason we focus on completing the background checks for a possible new tenant -- within 24 business hours -- is extremely important. When you think about it, the tenant is still out there… looking at other properties. IF he or she appears to be a quality tenant, we want them off the market by signing your lease, sooner rather than later.

At last count, we had over 17 different methods for attracting quality tenants. This stuff took years of testing and refining all sorts of ideas, to find the ones that actually work.

Please come visit us again next week for 

Del Val Realty & Property Management is a FULL service  company serving Philadelphia, PA and the western suburbs. We offer real estate investors and property owners a vehicle to build wealth and financial security through hassle-free ownership of rental real estate with our "Total Property Management Program." This proven management system allows property owners to enjoy the financial benefits of cash flow, tax savings, and wealth creation while it GUARANTEES you will never receive a late night emergency call, deal with a lengthy eviction proceeding or ever have to interact with an irate tenant.

For a FREE estimate or a copy of our brochure please go to . Also do not forget to ask about our “Better Than 100% Money Back Guarantee”orourLoyalty Program that will save you money each and every year.

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