Vacant Cypress rental properties can be extremely costly for a property investor. A vacancy that lasts for more than a couple weeks could cost you an entire year’s worth of profit or more, assuming you have mortgage payments to make for your property. To help you get qualified renters for your vacant rental properties, you can shorten the time frame a resident takes from finding your property to signing a lease by making use of good signage.
Having good signage is one of the simplest ways to attract residents to rent your property. When prospective residents see a “For Rent” sign, they will usually have an interest in knowing more. If your “For Rent” sign is hard to find, tough to read, or not aesthetically pleasing, it could be a distractor from getting renters to sign a lease with you. The more you do to make the process of finding your property and knowing more about it easy, the less time you will have to spend filling your vacant Cypress rental properties.
Professional Signs
Attract residents to rent by having a professional “For Rent” sign. A professional “For Rent” sign should have a minimalist, credible, and clean design. Some owners attempt to get away with scrap plywood or cardboard signs that are held up against the mailbox with sloppy handwriting and their phone number scribbled somewhere on it. Another step beyond this would be to find a sign at a hardware store. However, these signs tend to not have much room to add 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 aid renters in trusting enough to reach out to find more information.
Proper Visibility
The primary purpose of having a sign is for people to view it without having to go out of their way to read it or not be able to view it at all. New owners tend to place “For Rent” signs on the window or somewhere near the house. This could result in an extended period of vacant Cypress rental properties. However, the best way to help your sign to be the most visible to your prospective tenants is to place the sign near the street. Make sure to put the sign in a spot that is open and clutter-free, away from any trees or plants so that it can stand on its own. Once you have your sign in a clean and open area, you can also add balloons or something else to make it stand out from the conventional yard signage. A combination 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 Cypress rental properties is to help residents find key features of your property. This can include the number of bedrooms and bathrooms, overall monthly rent, whether utilities are covered, and contact information – including a phone number and email address so that they could get a hold of you. If there is additional room on the sign, you can also include information about the area, recent upgrades and improvements you did on the property, or anything else that might make the property stand out above the rest. If your sign doesn’t have enough room, try setting up 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 big effect on attracting residents to rent, getting more information about the property, and deciding whether they are interested in contacting you or not. As you make the process easier for residents with the right signage for your rental property, your rental vacancy time would decrease, and vacant Cypress rental properties will be a thing of the past.
Interested in learning more about Real Property Management Republic? Discover the options we have available to help improve your investment and avoid vacant Cypress rental properties. Contact us online or call us at 281-362-5001 today!
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