How to Advertise Your Rental Property

Spread the word about your available rental property! Here's how to let people know about your place.

Instructions

Difficulty: Moderately Easy

Things You’ll Need:

• Notebooks
• Writing Pens
• For Rent Signs

1. Place a "For Rent" sign with your phone number at the site of your rental property to attract drive-by applicants.
2. Place a classified ad in your local newspaper with your phone number, briefly describing the property's basic features, monthly rent, any security deposit and the availability of the unit. Contract with the paper to run the ad for a specified length of time. Also consider placing the ad on an Internet rental site.
3. Prepare and place announcements or flyers about the availability of your rental property on bulletin boards in local shops, businesses, churches and community centers.
4. If your rental property contains more than one unit, inform current tenants about the vacancy and ask them to spread the word to friends and family.
5. Inform your friends and business associates about the availability of the rental property to take advantage of word-of-mouth advertising.
6. Consider holding an open house to showcase your rental property to prospective tenants.

Tips & Warnings

• Take advantage of free advertising through community bulletin boards and personal referrals.
• Ask your local newspaper about discounted rates on classified ads that run for an extended period.
• Classified newspaper advertising can become expensive if your ad is too lengthy or runs for an extended period of time.