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How to Find Tenants for Rental Property

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From Quick Guide: Guide to Managing Rental Property

Summary: Finding tenants for rental property requires getting the tenants to find you. Learn how to find tenants for your rental property using the real estate tips in this free video.

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By Richard Blake
eHow Presenter

Richard Blake is a licensed real estate agent that has closed more than 20 times the number of transactions per year than that of the average realtor in Pinellas county, Florida for...read more

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ponkeymeat said

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on 7/30/2009 You can also a service like http://GotRenter.com. They have an online search tool that pulls back potential tenants for your property based on credit score, down payment ability, home desires, etc.. It's cheap too and updated in real time. Definitely a tool I will keep available in my landlord arsenal.

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Video Transcript

"Finding the perfect tenants for your rental property can prove difficult. I'm Richard Blake in Clearwater Florida. I'm here to explain how you can find the perfect tenants for your rental property. The biggest question is not how you can find these tenants it is how they can find you and how they can find your property that's available for rent. The first thing that you want to do is get a for rent sign out in the yard as soon as possible. Most people have narrowed it down to a specific location or community that they're interested in and they're going to spend their weekends driving around looking at which houses are available. When they see your for rent sign they are going to call and ask for information. It's very important that you have a phone number on that sign that you are actually going to answer, preferably a cell phone or a phone that you're going to be around for the majority of the day. That way you're sure not to lose out on any potential renters. OK. At that point in time, once the renter has contacted you and they're ready to move forward you are going to collect their information and submit it to a credit check agency. The credit check agency is going to run their background for you and find out if they are going to be a good candidate to rent your property. They'll let you know, generally within a three or four day period of time. It's only going to cost you forty or fifty dollars, but it's definitely worth it to have peace of mind knowing that the tenants that you're bringing in are up to date on all their payments. That's just a couple of things that you can do to make sure that the tenants that you are getting are good ones. I hope that helps you out a bit. I'm Richard Blake. You guys have a great day."

eHow Article: How to Find Tenants for Rental Property

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