It’s no secret that the rental market in some parts
of the country is sluggish.
But just because some areas are performing below average it doesn’t mean
that investors can’t achieve rental growth.
The truth of the matter is that you can manufacture higher rents no
matter what the market is doing.
Don’t believe me?
Well, let’s take a look at some of the strategies to get your tenant to pay more rent.
Security matters
Every rental property must have certain security features like door and
window locks.
But providing extra things like sensor lighting and security screens can
help increase the rent you can charge as well.
Tenants want to feel safe in their homes, so by
providing additional security features– either
proactively or reactively – your tenant will recognise that you care about
their safety.
In return, they are likely to pay more for the property and may well
call the property home for a longer period as well.
RealRenta has all
the tools that a property manager has, but at over ¼ the cost of a property
manager.
Join now and the
cost is less than a cup of coffee a week to manage your rental property
RealRenta also has a
free vision, so why not check it out
Jason Gwerder
Wednesday, 10 March 2021
