Aside from photo’s being worth a thousand words, prospective tenants want details in the property description. This is a very important promotional part of advertising and will get your property the attention necessary for rapid leasing. Step back; take a serious and honest look at the property. Next, follow these tips to write a powerful tenant grabbing description for your next rental ad.
Why Did You Buy It?
When first viewing the property what did you like about it? It’s much the same for prospective tenants, they see what you see. Does it have a great location, striking curb appeal, a perfect floor plan, or special charm and character?
Be Detailed and Descriptive
Provide tenants with as much information as possible. Be honest and clear in your description boasting the strong points yet downplaying any negative aspects to fill their imagination with accurate information. If the property has a great space, tell them in details that will peak their interest and want to view your property.
Create a Mood
Be sure to explain the lifestyle of the property and area. Does it include easy access to shopping, close to a bus line, is the property located on a culdesac, is the area quiet, are the area schools top notch and within walking distance, is it located close to social activities such as parks, theatres, restaurants? Elaborate on the area and its finest qualities.
Remember who will be reading your property description; you only get a few seconds to interest a prospective tenant and must make it count.
For additional information on this and other renting articles, please visit our web site at http://www.mrpmrentals.com/
Your Boise Property Management Rental Resource
View us on Merchant Circle @ http://www.merchantcircle.com/business/Mountain.Ridge.Property.Management.208-322-4228?utm_medium=phone&utm_source=code
Sunday, November 28, 2010
Tuesday, November 16, 2010
Appraisal
How should a landlord or property manager determine how much rent to charge for their property?
A property appraisal can be easily obtained which is an expert judgment as to the value, evaluation of its worth, significance, or status of the property. A property appraisal provides a rental rate or value gauging how much to charge for rent or the rent amount a tenant may be willing to pay. An appraisal consists of the value or rental rate of a ‘like’ property in the same area.
For those choosing to search for appraisal information themselves the following information may help alleviate any uneasiness; replaced with information and knowledge of the rental market.
First, write down the amenities of the property. Asking yourself does the property come with a washer/dryer, type of heat, fireplace, kitchen appliances, garage, carport, or yard and the number of bedrooms and bathrooms.
Next, look in the immediate neighborhood for like properties searching first for the same number of bedrooms and bathrooms, then for matching amenities from your list. Write down the amenities of each property and the rent amount being currently collected. Match your property with amenities of other properties.
When completed, take a look at how your property matches up. Better, not as nice, or equal? Match your rent to like properties, adding more for additional amenities taking away for lesser amenities. Search on-line sources reflecting the rental rates in your area to gain additional insight into your rental market. When completed, your property would have had an appraisal and you are also solidly informed and educated about your property and the area rental market.
For additional information on this and other renting articles, please visit our web site at http://www.mrpmrentals.com/
Your Boise Property Management Rental Resource
View us on Merchant Circle @ http://www.merchantcircle.com/business/Mountain.Ridge.Property.Management.208-322-4228?utm_medium=phone&utm_source=code
A property appraisal can be easily obtained which is an expert judgment as to the value, evaluation of its worth, significance, or status of the property. A property appraisal provides a rental rate or value gauging how much to charge for rent or the rent amount a tenant may be willing to pay. An appraisal consists of the value or rental rate of a ‘like’ property in the same area.
For those choosing to search for appraisal information themselves the following information may help alleviate any uneasiness; replaced with information and knowledge of the rental market.
First, write down the amenities of the property. Asking yourself does the property come with a washer/dryer, type of heat, fireplace, kitchen appliances, garage, carport, or yard and the number of bedrooms and bathrooms.
Next, look in the immediate neighborhood for like properties searching first for the same number of bedrooms and bathrooms, then for matching amenities from your list. Write down the amenities of each property and the rent amount being currently collected. Match your property with amenities of other properties.
When completed, take a look at how your property matches up. Better, not as nice, or equal? Match your rent to like properties, adding more for additional amenities taking away for lesser amenities. Search on-line sources reflecting the rental rates in your area to gain additional insight into your rental market. When completed, your property would have had an appraisal and you are also solidly informed and educated about your property and the area rental market.
For additional information on this and other renting articles, please visit our web site at http://www.mrpmrentals.com/
Your Boise Property Management Rental Resource
View us on Merchant Circle @ http://www.merchantcircle.com/business/Mountain.Ridge.Property.Management.208-322-4228?utm_medium=phone&utm_source=code
Sunday, November 7, 2010
CONTINGENCY LEASE
What is a contingency lease? A leasing technique by which a tenant signs a lease agreement called a contingency lease prior to approval in the application process. The tenant is required to pay the application fee, rental deposit and sign the lease resulting in the rental unit then becoming theirs unless they are denied via the application or screening process. There is typically no recourse for the tenant other than to seek legal representation if they change their mind or clearly did not understand what they were signing.
For additional information on this and other renting articles, please visit our web site at http://www.mrpmrentals.com/
Your Boise Property Management Rental Resource
View us on Merchant Circle @
http://www.merchantcircle.com/business/Mountain.Ridge.Property.Management.208-322-4228?utm_medium=phone&utm_source=code
For a business review visit us @ http://www.linkedin.com/nhone/
For additional information on this and other renting articles, please visit our web site at http://www.mrpmrentals.com/
Your Boise Property Management Rental Resource
View us on Merchant Circle @
http://www.merchantcircle.com/business/Mountain.Ridge.Property.Management.208-322-4228?utm_medium=phone&utm_source=code
For a business review visit us @ http://www.linkedin.com/nhone/
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