How to Find Tenants for Your Rental Properties

An EzineArticle by Michael Press.

Most real estate investors buy properties, with the intent to rent them out to tenants over a long period of time. This type of real estate investing provides true passive income.But finding and choosing a tenant (known as Tenant Screening) can be a challenge if you don’t know what to look for.

Finding Prospective Tenants – The first step of the tenant screening process is to find people interested in renting your property. This is done by advertising your property for rent. There are many different ways you can advertise your property for rent, but the most basic and affordable ways include advertising in your local newspaper or on the internet, putting a “For Rent” sign in the window or yard, and distributing flyers. Each advertisement should include basic information about the property (number of bedrooms, bathrooms, type of property, etc.), your name, and your phone number. If you don’t have time to answer the phone all day, you can let people who are interested leave a message on your answering machine. It is important to return every call as soon as possible.

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