Vacant Kirkland rental properties can be very expensive for a property investor. If a vacancy goes on for more than a couple weeks, it could cost you an entire year’s worth of profit or more, assuming you have mortgage payments to make for your property. To help you get qualified residents for your vacant rental properties, you can lessen the time frame a tenant takes from finding your property to signing a lease by using good signage.
Having good signage is one of the simplest means to attract residents to rent your property. Typically, when prospective renters see a “For Rent” sign, they will have an interest in finding out more. If your “For Rent” sign is hard to find, difficult to read, or not visually attractive, then it can be a distractor from getting residents to sign a lease with you. The more you do to make the process of finding your property and learning more about it easy, the shorter the time you have to spend filling your vacant Kirkland rental properties.
Attract residents to rent by getting a professional “For Rent” sign. A professional “For Rent” sign needs to have a clean, minimalist, and credible design. Various owners try to get away with scrap plywood or cardboard signs that are placed against the mailbox with sloppy handwriting and their phone number scrawled somewhere on it. Another step above this would be to purchase a sign from a hardware store. However, these signs tend to not have a lot of room to add information or attract residents to rent. On the other hand, a property management company will give professionally made signs with a credible name and targeted information that can help people trust enough to reach out to get more information.
The main purpose of setting up a sign is for people to see it without having to go out of their way to read it or not be able to see it at all. Inexperienced owners tend to place “For Rent” signs on the window or somewhere close to the house. This can result in a lengthier period of vacant Kirkland rental properties. However, the best way to help your sign to be the most visible to your prospective tenants is to place the sign near the street. Make sure to place the sign in a spot that is open and clutter-free, away from any trees or plants so that it can stand on its own. When you have placed your sign in a clean and open area, you could also add balloons or something else to make it stand out from the traditional yard signage. A mixture of great signage and aesthetically pleasing curb appeal will go far in attracting residents to rent.
Include Important Details
The main thing that helps an owner avoid vacant Kirkland rental properties is to help residents spot key features of your property. This can include the number of bedrooms and bathrooms, total monthly rent, whether utilities are included, and contact information – including a phone number and email address so that they can get a hold of you. If there is additional room on the sign, you can also include information about the area, recent upgrades and improvements you performed on the property, or anything else that might make the property stand out above the rest. If your sign does not have enough room, consider putting a flyer holder that can hold handouts that individuals can take and bring with them.
As simple as a sign may seem, it can have a massive effect on attracting residents to rent, getting more information about the property, and choosing whether they are interested in contacting you or not. As you make the process easier for residents with the right signage for your rental property, your rental vacancy time will decrease, and vacant Kirkland rental properties will be a thing of the past.