Landlord Tips – Filling Vacancies 5 of 5 in a Series of Landlord Tips

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The problem with the majority of these tips is that they are all common sense, after the fact. When you are busy rushing to fill a vacancy with everything else going through your mind it’s just natural to miss something.

A sub tip of this set of landlord tips is to prepare cheat sheets for yourself where you can have a checklist of items you need to be on top of. I am in the process of  turning these tips into a pdf format for you to download (it’s just taking me longer than thought, sorry Deb!), so maybe I should include checklists in there as well. Would that interest you?

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I recently upgraded the blog to the latest version of the software so sorry for playing with all the new add-ins like polls!

Anyway off to the final tip in this series (although I have a follow up bonus tip ready for tomorrow!).

Prepare in Advance

If you want to treat Real Estate like a business, you need to separate yourself from the regular landlords. You already have some systems in place if you have been following along, but here are some extra landlord tips and thoughts.

Prepare some info sheets on the property that you can hand out to the tenants as they go through. Most tenants have multiple properties they are trying to choose from, if you provide them with a handout that has large color pictures captured in the best possible way, details on the neighborhoods schools, shopping, bus information and everything else you can think of, who will they remember the most? Especially when they compare your information to their vague recollection they have of the other properties.

If you don’t think this would be effective, why do you think realtors have all those color info sheets at homes they sell? This also is a good exercise for you to become familiar with the area and enables you to answer many questions that can pop up out of the blue.

By being prepared you will put yourself head and shoulders above other landlords. If this takes landlord checklists, sheer repetition or just making mistakes until you figure it out it’s up to you.