Bay Area Property Management, East Bay property manager

Here are some top tips from East Bay property managers on attracting the best tenants for your rental home. Bay Area property management firms can also help.

How to Attract Good Tenants: Top Tips from East Bay Property Managers 

The best way to minimize risk for the  home owner and to increase profitability as a landlord is to attract and retain the best tenants. Hiring the services of experienced East Bay property managers can of course ease the process for you. However, there are some things that as a landlord you can keep in mind.

How East Bay Property Managers Attract Good Tenants

Getting your home ready for rent is only the first step in attracting the right tenants, say Bay Area property management firms. Here are some other things that your East Bay property manager should take care of to be able to get you the best renters:

• ·         Identify the type of tenant you want: Before you come up with an advertising plan, you need to figure out the characteristics that you would like to see in an ideal renter. This will determine the content of the advertisement. For instance, you might want someone with a stable job, has no history of prior evictions or bad credit, pays rents on time, respects your rules, and does not smoke and so on. 

•      Identify how and where to advertise: Depending on the type of person you are looking for, you will need to figure out the wordings of the advertisement or listing as well as the medium through which you choose to make your home for rent known to prospective renters. For instance, if you are looking for a family with young children because you believe that they tend to be more reliable, you need to add words like “near schools and parks” or “well maintained and secure.” The choice of characteristics will also determine where you put up the advertisement. For instance, if you prefer college students, you might want to put up flyers in strategic places on the college campus or at the off-campus housing office. This is one place where your Bay Area property management firm can be of great help.

• Inform prospects that you will run a background check: This will automatically weed out the less desirable candidates. Once the applicants know that you will run a credit check,
  
  along with checking on past rental experience, criminal background, etc, those who are proud of their track record are more likely to apply. It is also a good idea to do an employment check to ensure that they will be able to pay the rent.
  
   The next step is to screen the application. East Bay property managers usually do this for you. They will shortlist the desirable candidates and fix open house appointments and interviews for you.