You've been researching how to manage your Live Oak rental property and have probably heard how important it is to use the right marketing strategy. You need to get the best tenants in your home. Implementing high-quality images and posting to popular sites are just a few things required to market a successful rental property. The consequences of not marketing with a good strategy could result in tenant evictions, damage to property, or even worse legal fees. Marketing your Live Oak rental property may seem scary. We want to share some helpful information to get you started on your way to success in how to advertise your Live Oak rental property.
Location, Location, Location
It's all about location these days! After all, your rental property is in the Live Oak area, and it is experiencing an extensive growth of interest for rental properties. San Antonio businesses are drawing people in from across the country to take part in the American dream—the San Antonio dream. That makes it all the more important to market in the right area to a large number of people. Doing this will help you have the room to be selective with whom you are deciding to rent your home.
Get their interest! In the lives of busy business professionals, motivated entrepreneurs, and hustling moms and dads toting kids to activities, convenience is everything. With the increasing convenience of services like Postmates and Instacart in population hubs across San Antonio, renting a property in your area could be the ultimate convenience. When marketing your Live Oak rental property to potential tenants, let them know about the local treasures nearby, like libraries, theaters, parks, schools, and museums. Doing this will give your prospective tenants a feel for the culture of the area around your neighborhood. It never hurts to include local attractions like restaurants or shopping facilities, either!
Get Your Rental Out There!
Utilize your online resources: post your investment property to all major rental websites. This sounds outrageous, right? Not if you think about it: it's the only way to maximize your rental property's exposure.
Remember, the larger the audience you can reach and more online visibility your rental gets, the better your tenant pool will be. Using social media may seem like a less reliable approach, but the scope of possible tenants you will reach is almost limitless. Even if someone isn't looking for a property, maybe someone they know is and a like or share grabbed that person's attention. A vast majority of rentals today are found online via websites like Facebook, Craigslist, Oodle, and more. Taking advantage of all these resources is your best option if you are a hands-on landlord. Keep in mind, though: this is only one part of how to advertise your Live Oak rental property!
Capture Attention With Images
Knowing that you need to inform potential renters of attractions in the area and details on the specifics of your property is a start. Now you should show them the beautiful features of your rental. With the San Antonio rental market being as competitive as it is, it's essential to use high-quality images to attract more potential renters. The more renters you have interested on your Live Oak rental, the more selective you can be when you fill your rental property.
Make sure the area is clear of clutter and is clean. You want it to look like a home—not just a storage space. Stage your home to make it look comfortable and inviting. If you are into DIY projects, your skills could come in handy by using inexpensive staging decor or hiring a company to stage and photograph your space for you. If you are starting in the landlord venture, using a property listing checklist from an expert property management company can streamline the process.
Unique architectural features can add extra charm and character to a home. Let those special features shine like they were meant to! Take time to brainstorm what makes your property special. Think of features like high ceilings, a pool, a patio, or even something as simple as a swing set that will draw in potential renters. Accent images showing off these special features can bring a little extra something to your rental, making it feel more like a home to your prospective tenants.
If staging your property sounds stressful, you can always bring in a property management partner in the Live Oak area. This is useful if you're a busy professional or parent that doesn't have the time to advertise your Live Oak rental property.
- Make a list of special features that you'd like to include.
- Areas that are photographed need to be clean, neat, and clear of clutter.
- Stage your property to make it feel comfortable and inviting.
- Hire a professional photographer, expert property management company, or educate yourself in modern estate photography.
- Lighting is critical; make sure your space is well lit!
Responding to Inquiries
You can be thorough and detailed in the online description of your rental, but there will doubtless be questions. Potential tenants will contact you with a variety of inquiries across your advertising platforms. It's not only good to answer their questions thoroughly, but promptly! You want your potential renter to know that you are going to be a reliable landlord. Getting back to prospects as soon as possible will make tenants feel more secure. Responding to them lets them know that you take them seriously and that you are not hard to get ahold of in the event of an emergency. If word gets out that you don't respond quickly, it could affect your potential tenant pool.
If all of this is starting to seem formidable, don't worry! Hiring an expert property management company, like Real Property Management Campanas, means a no-stress approach to listings. Your investment property is designed to generate you passive income. As your property management partner, Real Property Management Campanas takes care of every aspect of your rental, including marketing, staging, and screening tenants. Real Property Management Campanas offers you the freedom to do the things you want to do! No more late-night repairs. Are you ready to regain your weekends? Get started with our FREE property screening checklist!