When it comes to successful property management, finding the ideal renters is not only essential, it’s a common concern among leasing agents. In fact, a survey of property managers and landlords found that 60 percent described finding the right renters as their biggest challenge.
Good tenant screening is absolutely essential for successful property management. A few extra hours screening tenants thoroughly can save you days, weeks or even months of headaches down the line. There are many new services available through 2014 that will help you in conducting thorough tenant screenings, and there are some tips that are always relevant.
If you own a rental property near a university or community college, then it’s likely that there’s an abundant pool of students who are looking for off-campus housing. You may have avoided this demographic because for any numbers of reasons, such as their lack of credit history, uncertainty during summer months, and individuality.
If you’re having trouble connecting with your residents, it might be communication error. According to nationally recognized body language expert Jan Hargrave, and many other professionals who study personality and motivational factors, only 7% of all communication is verbal. It really isn’t the words you say that creates a lasting impression, it is how you say them, your posture and your tone.