Want an additional way to get the word out to the neighbors of your property that you have a property for sale, for rent or available on a rent to own? Try the Postcards to Neighbors Checklist as an easy, cost effective way to contact a large number of the closest neighbors to your property.
While flyers like we discuss in the For Rent Flyer Checklist is an effective way to get the word out using flyers about a property that you have, using postcards is both cheap and highly effective.
In the checklist, we walk you through the steps of getting the list of neighbors from your mailing list provider and how to check for common mistakes you might make preparing the postcard like the wrong phone number or website address.
Then, we discuss how to get the postcards out quickly and painlessly yourself or with the help of your mailing house.
The nice thing about using the postcard system is that you can just as easily send out 10 postcards as you could 500 and we have found that since “birds of a feather flock together” neighbors are usually great referral sources for finding tenants for properties from their network of friends and family.
Until my next post,
James
P.S. Want more information about becoming the best property manager you can? Download, listen and implement the strategies in Secret Property Management Tips and Tricks now. It is a free download for a limited time.
If you are considering running a classified ad in your local newspaper to help market your rent to own property then you will want to use the Classified Ad for Rent to Own Checklist to make sure you don’t forget any steps.
This checklist will walk you through the process of writing a classified ad to market your property on a rent to own. We include a couple of sample ads you can use to model.
Remember that since classified ads are usually two step marketing, you will not be able to get your full marketing message out in the classified ad cost effectively. This means that you will need to include a 24 hour recorded message telephone number and preferably your website that has information about the property as well. This way, when your classified ad grabs their interest you can give them the rest of the information they need via your recorded message or website.
Since you are dealing with a local newspaper for your classified ads and they often do not provide you with a written proof of your ad, we also have parts of the checklist that help you document your ad in writing so that, in the event of an error, the newspaper will be inclined to offer you a free make good ad to fix their error.
Until my next post,
James
P.S. Did you know that you will soon be able to access a large portion of the major checklists from our world famous Real Estate Investor Wiki in one concise, carry along with you 220 page paperback book? It is like having a real estate investor operating system in your hand for less than $25…. check out Amazon or your favorite bookseller for Real Estate Investing Systems by James Orr (that’s me) in the next week.
If you have a property that you are trying to rent and you are either preparing it for rent or doing some marketing for it, you will find that creating and using flyers to market it an important task. We cover creating and utilizing flyers for rental properties in the For Rent Flyer Checklist.
In this checklist, we cover how to create your flyer including the particular service that we recommend for quickly making professional looking flyers.
We give you a rough idea of the number of flyers to have printed up to have enough at the house and to distribute out to neighbors to encourage them to help select their neighbor or refer friends and family as potential tenants in your property.
Since using flyers is an inexpensive and highly effective way to fill vacancies, you will find yourself using this checklist often.
Until my next post,
James
P.S. Are you landlord looking for ways to improve your property management skills to add more money to your bottom line? Download and listen to the Secret Property Management Tips and Tricks real estate investor audio course (free for a limited time).
To help avoid claims that you have violating fair housing laws you need to have a well documented system for selecting tenants and follow that system. The Screening Tenant Checklist is a great tool to help you have a written system describing exactly what you expect each tenant to provide to you when they apply to rent your property.
The checklist describes the process you would follow as a landlord when you take calls from prospective tenants and how to correctly gather information from them to be able to process their rental application.
We cover the types of identification and proof of income they should provide when you meet them at the house to complete an application.
We also stress that you should have each adult over the age of 18 that will be living in the property complete a separate application.
In this checklist we also discuss our policy for holding a rental property and what a prospective tenant must do to have us hold a property for them.
Until my next post,
James
P.S. Want more information on how we recommend you manage your rental properties? Download, for a limited time for free, the Secret Property Management Tips and Tricks real estate investor audio course.
There are several things that need to be done to a property to prepare it for the next tenant. Use the Prepare House for Renting Checklist to accomplish that preparation.
In the checklist, we will make sure that the property will show well by going through a checklist for physical condition. Additionally, we will deal with the marketing that needs to be set up at the property like the yard signs, flyers at the property, applications at the property and directional signs.
Of course, a good time to check what the current fair market rent is for a property is when you are about to start marketing it again for rent. So, we take some time to determine what the current fair market rent is with this checklist as well.
Proper preparation of a property will increase your conversion rate of tenants that view the property. It will also let you find better quality tenants because the best qualified tenants will want your property and will allow you to select from more than one applicant.
Until my next post,
James
P.S. If you want more tips on property management you may want to consider download the Secret Property Management Tips and Tricks audio program for real estate investors. It is normally $25, but you can download it for free for a limited time.
Use the Tenant Leaving Checklist when we know that a tenant is moving out to minimize any vacancy time in your rental property.
Use it to send the paperwork that we need from a tenant that is moving out like the Move Out Cleaning Checklist to remind them of the condition the property should be when they do move out.
It is also a great opportunity for us to begin marketing the property again as soon as possible.
Plus, the checklist helps us remember how to process the previous tenant’s file in our filing system.
Until my next post,
James
P.S. Download and listen to the Secret Property Management Tips and Tricks CD while it is still being offered as a free download.
