Tips On How To Find The Right Tenants For Your Rental Property

Posted by ForSaleForLease.com.au on Jan 4th, 2013 | Comments Off

Renting your extra home is an excellent way to make additional money every month, but finding the right tenant can be something of a headache if you do not know how to do it. Many people today are choosing to use the internet to find their tenants and there are websites that specialize in helping people rent or lease out their homes for a small fee.

How It Works

These websites are called For Sale By Owner (FSBO) or Owner Assisted Real Estate websites and for a small fee, they will help your property get maximum exposure so that you can rent it out faster. Here is how it works:

• The first thing that you do once you get onto these websites is register. After you register, you choose the package that you want. The different packages offer different services.

• Once you pay, you are then able to list your house. Listing means that you put up details about the house and where it is located, how big is it, how many bedrooms and bathrooms does it have, how big is the kitchen, does it have any amenities? All these details will help a prospective tenant make a decision so be as detailed as you can.

  

  Renting out your property can be hard if you dont know what you\’re doing. Take the leg work out and use a owner assisted property listing website.
  CC image courtesy of Charleston”s TheDigitel

  You should also talk about the surroundings especially if they make your property look favorable.

• You are allowed to put up photographs of your home so keep some handy. Take as many shots as the website allows you and the idea is to make people see as much of it as they can so that they can make a quick decision. Check the website to see if the website requires the photos to be of a certain size and in a certain format.

• The website then proceeds to list your house on many other real estate websites. This means that you are seen by lots and lots of people where you would otherwise have been seen by those who visit only the website which you have listed on. This is the main service offered by FSBO websites. They also list your house on their Facebook fan page which is seen by all the people who have subscribed to it.

• When they get applications from prospective tenants, they then do all the checks necessary to make sure that you have the right person living in your house. They will do a credit check, a background check and they will talk to previous landlords of the applicant. This helps to eliminate anyone who might not pay you as agreed, anyone who might do criminal activities in your house and anyone who might do damages in your home.

• Once you have a tenant in your house, they will collect rent for you, they will chase any arrears should a tenant fail to pay as agreed and they will inform tenants should the rent increase. You can also have the mamage the property for an additional small fee.

FSBO websites are becoming the way to sell and rent out your property today. For a small fee and your involvement, they eliminate the real estate agent who usually goes away with a big chunk of the money that owners receive from selling and from renting. There are some great ones for the Australian property market. Go online and look for one that serves your area.

ForSaleForLease.com.au are a owner assisted Real Estate website that help people to sell and rent their properties online. If you are looking to sell or rent a property out, go ahead and click here to view the available packages and list your property for sale or for lease today.

About Lucas Raby

ForSaleForLease enable home owners and property investors to sell their homes or investment properties at a fraction of the cost of going through a real estate agent. No agent fees, no commissions, just an all-round great service. Find out more by visiting our website.

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