When you talk to Orange County Real Estate Investors, if you have space for rent, whether it’s commercial or residential, always take your tenants into consideration. Always properly tend to tenants to find reliability on maximizing income from your property.
Orange County Real Estate Investors Strategic List
Four Strategies To Use:
1. Reference List
This is a great way to find a good tenant, but, you shouldn’t just use word of mouth to find leads. The references to be looking for should be from the previous landlord, you should also look for any other statements that would support the track record for a potential tenant.
Character references, even friends are ok, but what is needed is hard facts. Even being able to use the assistance of professional companies to do run a background check or process credit score inquiries.
2. Using A Property Management Company
Using a property management company happens to be one of the most common ways to manage real estate, especially if you own a few units.
Certain landlords don’t want to be involved in any process, and would much rather pay a reliable property management company to manage the property.
3. Wait To Say Yes
Forbes stated that finding a potential tenant who loves the property and is excited may seem like the tenant you’re seeking, an over eagerness could also mean that property owners sometimes make decisions a little too early.
A property management company has to take time and follow through on all qualifications before making a final decision.
4. Keeping Good Tenants Happy
Orange County Real Estate Investors say that one of the most common and effective ways to retain the best tenants is through proper maintenance management.
Having a service available to fix problems as soon as possible is very important, but there are times when a simple fix done by the renter will get the job done faster, especially if it’s a light handy job.
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