Vacant rental properties in Belleair can be incredibly expensive for a property investor. If a vacancy continues for more than a couple weeks, it can cost you a whole year’s worth of profit or more, assuming you have to pay the mortgage for your property. To help you in finding qualified renters for your vacant rental properties, you can shorten the time frame a renter takes from discovering your property to signing a lease by utilizing good signage.
Having good signage is one of the easiest methods to attract tenants to rent your property. Most commonly, when prospective tenants see a “For Rent” sign, that will pique the interest almost immediately. However, if your “For Rent” sign is hard to find, difficult to read, or aesthetically displeasing, it could be a detractor from having tenants sign a lease with you. The more you do to simplify the process of finding your property and learning more about it, the less time you will have to spend trying to fill your vacant Belleair rental properties.
Professional Signs
Attract tenants to rent by putting up a professional “For Rent” sign. A professional “For Rent” sign should have a neat, minimalist, and credible design. Some owners try to get away with signs made from scrap plywood or cardboard that are propped against the mailbox with sloppy handwriting and their phone number scrawled somewhere on it. Another step above this would be to buy a sign from a hardware store. However, these signs tend to be small and not have a lot of room to add information or attract tenants to rent. On the other hand, a property management company would provide professionally made signs with a credible name and targeted information that can help renters trust enough to reach out to get more information.
Proper Visibility
The main purpose of having a sign is for people to notice it without having to go out of their way to read it or not be able to find it at all. New owners tend to put “For Rent” signs on the window or somewhere close to the house. This can result in a lengthier period of vacant Belleair rental properties. However, the best way to help make your sign visible to your potential tenants is to place the sign close to the street. Make sure to put the sign in a spot that is open and clutter-free, away from any trees or plants so that it can stand on its own. Once you have placed your sign in a clean and open area, you could also put balloons or something else to make it stand out from the traditional yard signage. A mixture of great signage and aesthetically pleasing curb appeal will go far in attracting tenants to rent.
Include Important Details
The key item that helps an owner avoid vacant Belleair rental properties is to help tenants find the primary features of your property. This can include the number of bedrooms and bathrooms, overall monthly rent, whether utilities are covered, and contact information—including a phone number and email address so that they can contact you. If there is more room on the sign, you can also include information about the area, recent upgrades and improvements you made on the property, or anything else that may make the property stand out above the rest. If your sign doesn’t have a lot of room, consider adding a flyer holder with handouts that people can take.
As simple as a sign might seem, it can have a great effect on attracting tenants to rent, getting more information about the property, and choosing whether they are interested in contacting you or not. As you make the process easier for tenants with the right signage for your rental property, your rental vacancy time will shorten, and vacant Belleair rental properties will be a thing of the past.
Interested in learning more about Real Property Management TradeWinds? Discover the options we have available to help improve your investment and avoid vacant Belleair rental properties. For more information about our property management services, contact us online or call us at 727-400-4722.
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