The balance of power in the demand and supply of rental property can change quickly. It is not long ago that tenants had the upper hand
So in a tough market how do you ensure that you can find tenants for your property?
Be realistic about the rental value of the property. Check what rent similar properties in the same area are achieving.
In order to attract tenants the property must be in good condition and well maintained. Only well furnished and decorated properties will rent in a tough market. Is the furniture modern and in good condition? Does the property need to be painted?
Use photographs in your internet rental ads. Spend some time taking photographs of the property that show it at its best. Take photos of all the main areas of the property. Rental ads with photos are viewed more often and tend to generate more viewings for the property from potential tenants.
Even in a difficult market a nice property at a fair rent that is well located and marketed properly will still attract tenants.
