Before you rent out your home

66

If you have a home that you want to rent out, there is a process that you are going to have to go through to get a good tenant to move into your place. 

Here are some tips about what you need to know to help you rent out your home and make the process a little bit easier.

First, you need to clean up your home and take care of all the little problems that you know need to be fixed. Read tips on improving the resale value of a home. These tips make your home look better. Little things like painting the home or landscaping will help you make your rental look more appealing.

Set a price that is fair and competitive. Use classifieds or online ads to get a general idea about what the going rate is for a place like yours. If it’s too high, no one will ever rent your home as there will be cheaper options out there.

Take pictures and even video of your home. You need to have these to show off the inside of the home to those who are curious about your place.

Use your local media and include an ad about your place. Most ads are relatively inexpensive, and it’s the place where many people look for rentals.

Use local or national online sites to list your rental. Craigslist is a good one to use. Include plenty of pictures. People enjoy being comfortable at home and looking at the places they might want to rent. The more pictures you have the more people who will be interested in renting your home.

Have a screening process you are comfortable with. The more screening you do, the safer the tenant you will get. The downside of this is that fewer people will qualify to rent your place. Some landlords do credit checks while some do background checks as well, just in case.

In all your ads publish a number where you can be reached. A cell phone number is best so you can quickly respond to questions or interest in your rental home.

File photo