Renting a property ensures a steady extra income provided the tenants provide the rent on time. Often homeowners find it daunting and challenging to demand rent from the tenants. Failing to receive the rent can affect the mortgage payments and the repairs required in the property. The property owner can either keep waiting for the rent or evict the tenant, thus losing both time and money. You can consider hiring professional property managers who will maintain the house and ensure regular rent collection.
Here are some tips on getting your tenants to pay rent on time:
- Communicate: The best thing is to have clear communication with your tenants. Clearly state the terms regarding the rental payment and give them a due date. You can also make the tenants aware of the consequences and fines that they will have to pay in case the rent is late. The tenants must be aware of the amount and the due date. Include the terms in the agreement and get the initials of the tenant on it to ensure that he has read the terms carefully.
- Try to know the reason: If a tenant is not paying his rent on time you can be considerate and ask the reason. He may be facing a personal or financial trouble in that particular month. Offer to change the payment date if that will make the things easier for the tenant. You can also ask the tenant to set up a standing order so that rent payment is automatically debited from their account on the due date.
- Firmly enforce the terms: Once you inform the tenant about the terms, you need to strictly enforce those terms. You must be consistent and firm in dealing with the tenant regarding payments.
- Inform the credit check bureau: By reporting the status of the rental payments of the tenants to the credit check bureau, you can motivate the tenants to pay their rent on time, as it would affect their credit rating.
- Offer small discount: You can encourage the tenants to pay their rent on time by offering them a small discount. This will also help build a rapport with the tenants and save you the hassle of reminding them repeatedly for the rent.
You should consider hiring a property manager who will efficiently deal with the tenants and ensure that you get the rental income regularly and on time.
Going through a number of housing listings can be overwhelming and challenging for most tenants. Due to the large number of homes posted for sale or rent online it is essential to highlight your property to attract good tenants. It is beneficial to be aware of the important points to mention and the right marketing techniques. You can also consider hiring a professional property manager to do the task for you.
Here are some of the ways in which you can make your rental-listing stand out from the rest:
- Specify The Amenities Clearly: Including features like walk-in closets, hardwood flooring and electrical appliances can put your listing ahead of others. These details also help the potential tenants to know more about your rental home. Always be specific and honest about the amenities that you are going to offer in the property.
- Post High Quality Images: Online rental listings are all about high quality images of the property. Hence, you must post clear images taken from various angles. Make sure that you keep the furnishings to minimal while taking the pictures. It will not only make any room look spacious, but also allow the tenants to visualize their life in the new home.
- Use Accurate Descriptions: Although it might seem tempting to use words like ‘incredible’ and ‘amazing’ for your rental home, tenants may think of it as a warning sign. Instead, you should describe your property with genuine looking adjectives like ‘spacious’ and ‘well-maintained’. The home should match the description provided or you might lose out on quality tenants.
- Focus On Overall Amenities: It is almost impossible to depict every unique aspect of your rental home through images. These may include total area, beautiful location, garage, private parking, fenced yard etc. To draw attention to these, you must use intriguing content to let the tenants know how your property can improve their lifestyle.
We, at Hunter Rentals & Property Management, can help you rent your property in Fort Hood, TX. We maintain an extensive MLS listing stating all the features that will make your property look appealing to the potential tenants. For more information about our services, you can call us at (254) 634 – 3311 or visit our office at 1503 W Stan Schlueter Lp, Killeen TX 76549.
Finding a rental home in Killeen can be a challenging and daunting task. In order to take the right decision, you must assess your needs and inspect the rental home accordingly.
Here are some features that you must look at before signing the rental agreement:
- Proper security: Make sure you check the door and window locks to ensure that they are in good working condition. If the house has the right security features, it can greatly affect your insurance. It also provides peace of mind as you and your belongings will be safer.
- Storage space: It is crucial that you have sufficient storage space so that you keep your things organized and avoid clutter in the home. There should be internal as well as eternal storage to meet your needs.
- Cleanliness: You must check that the rental home to make sure it is clean and well kept. If there is a garden, then ensure that there is no junk in the yard. Ask the agent if the garden or yard will be cleaned before you move in.
- Amenities: Look for all the amenities that you seek to live comfortably in the home. Check what type of heating and cooling is available. Make sure there is a washer, dryer and other appliances that you need for your daily activities. Check if there is proper parking space and if it is not available, then what other options are there for you. Ensure that the sizes of the room are sufficient and that your furniture can easily fit in. The doors and entryways should be wide enough so that you can easily move your furniture in.
- Check any damages: While touring the rental home, take note of all the visible damages and bring it to the notice of the landlord. Make sure the property owner is willing to fix the damages before the lease term starts.
- Check neighborhood: Besides checking the rental home, check the neighborhood for basic amenities, cleanliness, and security. If you have children make sure there are good schools in the vicinity and other facilities such as shopping facilities, medical facilities, public transport, etc. Being close to basic amenities will help save time and money.
- Agreement: Make sure you read the lease agreement carefully before signing it. All the important details mentioned in the agreement lead to less hassles at a later stage.
If you searching for an affordable rental home in Killeen, TX, consider Hunter Rentals & Property Management. We can assist you in searching the most suitable rental properties in the area. For more information, you can call us at (254) 634 – 3311 or visit our office at 1503 W Stan Schlueter Lp, Killeen TX 76549.