How many of your Orange Park, FL properties are sitting empty, awaiting tenants? The rental vacancy rate in America is almost 6.5%. Without a leasing only service, your property will stay empty.
An empty rental can steal thousands of dollars in potential earnings from you each month. Instead, rely on these property leasing tips. Maximize your earning potential with these expert property leasing strategies today!
Efficient Tenant Placement
An experienced rental property management company can market your vacant properties. They can use a mix of traditional and digital strategies. This will help you reach Orange Park renters to maximize your tenant pool.
These strategies can include:
- Social media marketing
- Email marketing
- Content marketing
- Referral marketing
- Search engine optimization
They can show the property on your behalf, saving you valuable time. Unfortunately, many property owners rush to fill vacancies. They don't thoroughly screen renters before selecting tenants.
Thorough tenant screening can help you avoid future stress. For example, about six million American households are behind on rent. Choosing one of these renters can hurt your profitability.
Some landlords only care about a renter's ability to pay rent on time. However, you should also assess their criminal background checks and eviction histories. Gathering this information will help you make an informed choice.
Choosing reliable renters can benefit your long-term profitability. You can retain these renters to boost your occupancy rate. Your ROI will increase as you save money on vacancies, screening, and marketing.
Outsourcing this task can help you avoid discrimination issues.
Landlord Leasing Services
Hire a rental property management company for lease preparation and execution. They'll draft detailed, legal leases for your properties.
This will ensure your leases follow all requirements of the Florida Landlord Tenant Act. Otherwise, you could face future legal trouble. This can include fines or lawsuits.
Move-In and Move-Out Processes
Your property manager can handle all move-in and move-out processes. This can include:
- Move-in walkthroughs
- Collecting fees and deposits
- Move-out inspections
- Security deposit dispositions
Outsourcing these tasks will save you valuable time. It can also protect you from potential disputes. You can avoid disagreements about the property's condition when renters move out.
This process can help you recognize problems with the rental before new tenants move in. You can make repairs or update the property. A few upgrades can make the property more desirable, leading to more applications.
Reduced Legal Liability
Hire a rental property management company that's well-versed in landlord-tenant laws. They'll ensure you follow property procedures. Relying on their services will safeguard you from housing practice or discrimination claims.
Request a Leasing Only Service Today
You don't have to complete these tasks alone. Instead, save time and money by requesting a leasing only service. Rely on an experienced property manager and their effective property leasing tips.
Our team at PMI Davis Realty is part of a fast-growing, dynamic franchise. We've been perfecting the property management industry for 20 years.
Rely on our state-of-the-art technology, proven management strategies, and expertise. Contact us today to request your free rental analysis.
