Steps To Renting Your Killeen Home

Many people contemplate over the idea of renting their homes because it requires a lot of effort and patience. If you have a perfect strategy and skills to showcase your home to the potential tenants, your experience can be rewarding.

Here are few pointers that will assist you in preparing your home for tenants-

Prepare Your Home

In order to attract prospective tenants towards your property, you will have to upgrade your home. Tenants have high expectations and pay special attention to the appearance of your home. So if you want to impress the prospective tenants, consider the following things while preparing your property for showings-

  • Clean the interiors as well as exteriors of the home
  • Install new locks and alarm codes
  • De-clutter the yard
  • Clean the carpets
  • Change the air conditioning, clean the vents
  • Give your home a complete pest treatment
  • Paint, repair and fix all the damages

Advertize Effectively

Next, you should get your property listed on a renowned real estate website. Make sure that you provide sufficient and high quality images of your property to make it stand out. You can also post an ad on local newspapers or print pamphlets. Do not forget to put a “For Rent” signboard outside your home.

Hire Professional Helping Hands

You can hire a property management company -

  • If you don’t have the time and idea about renting your home. The professionals can manage the complete rental process
  • The agents can also help you with landlord-tenant laws, which are different in every other state
  • To handle all the repair and maintenance issues

Set A Competitive Price

Be cautious not price your home too high or too low. In order to accomplish this, you may consider following points while deciding the rent-

  • Research rates in your market/community
  • Make your rental rates clear
  • You can also set deals during off season
  • Emphasize all the important aspect of your home and its surroundings
  • Your home’s surroundings can also help you a lot in the setting the rental rates.

Screen Tenants Carefully

You must choose the tenants carefully and judiciously. The persons should be ones that pay rent on time and keep your home in a good condition. Do not forget to perform a background check and inspect their credit and criminal histories
Renting you home does not mean you leave it for the tenant to look after it alone. As a landlord, you should take time to address the problems faced by tenants during the stay. This will help you to retain tenants for a longer time and keep your property in shape.

We, at Hunter Rentals & Property Management, can help you effectively place your house in the rental market. For more information about our home renting process and other services, feel free to call us at (254) 634 – 3311 or visit our office at 1503 W Stan Schlueter Lp, Killeen TX 76549.

Tenant Screening Checklist For Landlords

If you are a landlord, you will know the importance of having responsible tenants in your rental home.  A tenant who looks after your property, pays rent on time and creates no nuisance can make the rental experience much easier. It is thus important to perform a thorough screening procedure before you hand over the keys to the tenants.

Before you begin the tenant hunt, you need to first set a predefined criteria for the type of tenants you want. Decide whether you want to rent your property to a student, executive or family.  Based on your preferences, you may begin screening the prospective tenants.

Here is a checklist that may help you in choosing best tenants for your rental home:

Interview Tenants Over The Phone

You should talk to the prospective tenants over a phone call before you meet them in person. During this conversation, you may ask them certain questions to have fair idea of their conduct and interests. These questions may include:

  • Why do they want to relocate?
  • When do they plan to move in?
  • How many persons will be living with them?
  • Will they provide their former landlord’s references?
  • Will they bring pets?
  • Do they smoke?
  • Will they be able to pay a security deposit along with first month’s rent?

Make sure that you do not ask any questions regarding their religion, nationality or caste. These questions may portray you as a biased person and leave a bad impression on your potential tenants.

Arrange Property Tours

Once you have prequalified the potential tenants over the phone, you may schedule property visits for them. This would provide you an opportunity to interact with them in a profound manner.  During this meeting, you may also discuss about their employment status, credit history, rapport with previous landlords and other such intricate details.

Perform A Background Check

As a landlord, you must be ensured that your tenants are trustworthy. For this, you may contact their previous landlord and inquire about their conduct, punctuality in paying rent, behavior issues (in any), etc. You may also hire a professional property manager to conduct a criminal background check through government databases or local authorities.

In order to ensure their financial stability, you may request your prospective tenants to submit their recent pay stub, which will have all the information such as applicant’s name, current address, monthly income, employer’s name and their year-to-date earnings.

Get The Paperwork Ready

Ask the interested tenants to discuss and sign the lease agreement. This document should include all necessary information such as the duration of tenancy, date of rent payment, late fees (if any), dos and don’ts regarding property maintenance, monthly utility bills (if any), parking rules, etc. You must also ensure that the prospective tenant reads the agreement thoroughly before signing. Other documents that may be required for carrying out the process should also be attached with lease.

Seek Help From Professionals

A property management firm can assist you in conducting an effective tenant screening process. All you need to do is, explain to them all your considerations and expectation from the prospective tenants and they will take care of the rest. As the professionals are well versed with tenant evictions, they will be able to select most appropriate tenants. They will ensure that the tenants:

  • Pay rent on time
  • Stay for a longer period
  • Cause no inconvenience
  • Maintain your property with utmost care

The real estate agents will not only help you find the right tenants, but will also make sure that your property is rent-ready (in terms of cleaning, repairs and other maintenance tasks.) They will keep you updated about laws regarding fair housing, evictions, and lease terms. Thus, you can rest assured that your rental business will be taken care of in the best manner.

We, at Hunter Rentals & Property Management, can help you to find most suitable tenants for your rental homes in Killeen, TX. For more information about our tenant screening process and rental services, feel free to call us at (254) 634 – 3311 or visit our office at 1503 W Stan Schlueter Lp, Killeen TX 76549.