Monday, November 30, 2009

How to Attract the Ideal Tenant

Most people looking to rent first look for a property in a great position. For tenants, that would mean a good aspect, close amenities, nearness to work, etc.

The next thing is a property with plenty of storage and a garage.

Following this is a property that’s clean and in good repair with a sympathetic property manager that listens to a tenant’s needs and forwards requests to the landlord. Every tenant wants a landlord that will maintain the property.

Another desire is for privacy, a reasonable rent and fair rent increases.

If a tenant encounters these things, then their next wish is to achieve a long-term tenancy. This translates into a property that will not be put onto the market for sale.

Even with the current shortage of rental properties, the best tenants always seem to have a choice of renting the properties they prefer, simply because property managers feel most comfortable recommending such clients to their landlords.

So if you are an investor who wants good, long-term tenants, then consider providing your tenant with what they want.

The key to the above is to invest in the right type of property in the right location. If you buy where there will always be strong demand fulfilling the above criteria, you will be the most likely to attract the ideal tenant.

If you have a property for rent and would like it to be professionally managed, feel free to phone me, Noel Thompson Principal Professionals Logan Lifestyles at either Browns Plains 3800 4000, Marsden 3200 4495, Springwood 3808 5544 or Waterford 3299 7733.

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