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See How Easily You Can Find A Renter In Barrie,Wasaga Beach Or Collingwood

Its all in the advert

The number 1 concern I hear from all potential real estate investors is  “what if we don’t find a renter.”  Research and due diligence will ensure that the correct property is purchased in the right area and it will rent out;I cannot recommend Barrie enough.

An effective advert will attract more interest and higher demand can increase the rental achieved. At the very least the property will be rented faster.

An attention grabbing headline is essential. 75% of buying decisions are made at the headline alone.

• Use good quality photos of the property inside and out. Take a large number of pictures and use the best. These MLS disasters show all landlords ( and sellers) what NOT to use.
• Use descriptions to make the renter WANT to live in the house. Rather than just stating “air conditioning” try “air conditioned home ensures you are comfortable all summer.”
• Be clear on what is included in the rent and what the renter will also have to pay for e.g. hydro gas etc.
• Include all contact information: email, telephone number, mobile number.
• Do not be negative; “pet free home” rather than “no pets.”

The body of the advert:

• Include all the relevant property information:  fridge, stove,dishwasher, microwave, washer, dryer, type of heat, air conditioning, garage and or parking, deck, shed.
• Include information on the local area:  schools, parks, transportation, shopping.

Viewings should be easy if the renter arrives feeling very positive about the home. Be punctual, professional and point out all the positive features.

My clients have had huge success with Kijiji.com when finding tenants and it is FREE to advertise. It is also worth using these ideas depending on the market being targeted:

• Students: advertising on notice boards at colleges or universities.
• Young Professionals: free networking sites such as Twitter or Facebook.
• Young Families: noticeboards at local community centres that run children’s classes or daycare centres.
• Seniors: wherever there are senior orientated activities in the local community.

This entry was posted on Thursday, June 18th, 2009 at 9:52 pm and is filed under Investment Opportunities. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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