Lending Tree reports that more than 5.6 million housing units are vacant in the 50 largest metropolitan areas in the US.
Many of these are rental properties with landlords struggling to find tenants. If filling vacancies is hard in bustling cities like Cincinnati, OH, things might be even more challenging in Dayton. Dayton has a much lower population than these cities.
As a landlord in this area, it can be hard to attract tenants to your property. You may need to seek professional assistance to overcome this challenge.
Explore three reasons to use tenant placement services in Dayton, Ohio, today.
1. Professional Property Marketing
As a landlord in Dayton, OH, you might struggle to market your property effectively. You might post photos of vacant units on social media but struggle to write captivating descriptions. Sadly, this can lead to extended periods of vacancy, reducing your rental income.
Landlord services know how to showcase your rental property. They use quality photos, detailed listings, and targeted advertising to attract the right tenants. They'll list your vacant units across multiple platforms, boosting visibility.
An expert will employ strategies highlighting your property's best features. This will make it stand out in a competitive market. The features include:
- Modern kitchens
- Updated bathrooms
- Spacious layouts
- Proximity to amenities
- Scenic views
- Secure parking
By relying on tenant placement services, you can save time and focus on other responsibilities. You will also avoid the stress of marketing your rental property in the competitive Dayton, OH, real estate market.
2. Expert Tenant Screening
Some landlords want to find tenants quickly, which makes them skip the screening process. They just want to start collecting rent as soon as possible.
Unfortunately, this can lead to troublesome tenants who don't pay on time. Landlords may then face expensive and time-consuming evictions.
Rental property management experts can help you curb these risks. They understand the right tenant screening tips. Tenant screening involves the following:
- Verifying employment and income
- Checking credit score
- Reviewing rental histories
- Confirming references
These tenant screening strategies reduce the likelihood of:
- Late payments
- Property damage
- Evictions
- Potential lawsuits by tenants
3. Professional Lease Preparation
Lease agreements protect you as a landlord. However, creating a solid lease can be difficult. Tenant placement services offer leasing solutions to make this easier.
They make sure your lease follows all local and state laws. They also include important clauses that protect your property and explain tenant duties.
These services go over the lease with tenants. This way, everyone understands the terms.
Clear lease agreements help prevent conflicts. This can create a better relationship between you and your tenants.
Use Tenant Placement Services to Boost Your ROI
Tenant placement services help you find reliable tenants faster, which can improve your ROI. The services also prevent unforeseen problems like missed payments and damage to your home. A quick, professional placement process will help fill your property faster, keeping your rental income steady.
Bridgestream Property Management in the Dayton, OH, area has an unwavering commitment to helping you find quality and reliable tenants for your rental unit. Our team handles everything, from conducting tenant background checks to managing your property.
After contacting us, you can rest easy knowing your investment is in good hands.
