Vacant College Station rental properties can be extremely expensive for a property investor. If a vacancy continues for more than a couple weeks, it could cost you a whole year’s worth of profit or more, supposing you have mortgage payments to make for your property. To help you find qualified tenants to occupy your vacant rental properties, you can reduce the time frame a renter takes from finding your property to signing a lease by using good signage.
Having good signage is one of the easiest means to attract residents to rent your property. When prospective residents see a “For Rent” sign, they will typically have an interest in knowing more. If your “For Rent” sign is difficult to find, hard to read, or not aesthetically pleasing, then it could distract residents signing a lease with you. The more you do to make the process of locating your property and finding out more about it easy, the less time you will have to spend to fill your vacant College Station rental properties.
Professional Signs
Attract residents to rent by getting a professional “For Rent” sign. A professional “For Rent” sign needs to have a clean, minimalist, and credible design. Some owners try to get away with signs made from scrap plywood or cardboard propped against the mailbox with sloppy handwriting and their phone number scribbled somewhere on it. Another step above this would be to buy a sign from a hardware store, but these signs tend to not have much room for extra information or attract residents to rent. On the other hand, a property management company will 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 placing a sign is for people to view 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 an extended period of vacant College Station rental properties. However, the greatest way to help your sign to be the most visible to your potential renters is to place the sign near the street. Make sure to set up the sign in an area that is open and clutter-free, away from any trees or plants so that it could 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 common yard signage. A mixture of great signage and aesthetically pleasing curb appeal will go far in attracting residents to rent.
Include Important Details
The main item that helps an owner avoid vacant College Station rental properties is to help residents spot primary features of your property. This can include the number of bedrooms and bathrooms, total 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 extra room on the sign, you can also add information about the area, recent upgrades and improvements you performed on the property or anything else that may make the property stand out above the rest. If your sign does not have sufficient room, consider adding a flyer holder that can contain handouts that people can take and bring with them.
As simple as a sign might appear, it can have a great effect on attracting residents to rent, obtaining more information about the property, and determining whether they are interested in contacting you or not. As you make the process simpler for residents with proper signage for your rental property, your rental vacancy time will lessen, and vacant College Station rental properties will be a thing of the past.
Interested in learning more about Real Property Management Talent? Discover the options we have available to help improve your investment and avoid vacant College Station rental properties. Contact us online or call us at 254-4010-0400 today!
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
