Follow These Three Tips if You Are Renting Real Estate

If you own one or more properties that you prefer to rent during the year, creating the perfect listing and ensuring you have great renters poses some challenges. Are you renting your real estate at the right price? Did you accurately check the background information and history of your renters before you signed on the dotted line? When it comes to renting real estate, there are a few simple tips you can follow to ensure that everyone has a good experience.

1. Create A Great Listing – In today’s market, there is a lot of competition between rental properties, and most renters are going to search for the best deal. When it comes to renting real estate, creating a great listing that showcases your property and outlines your expectations will allow you to get great renters and protect your property.
2. Stick to a Contract – It’s one thing when you are renting real estate to make a concession here and there. It’s another thing entirely not to have a written contract that lays out your expectations of the “guests” at your property and provide the proper protection if something were to go wrong. Whether you do short-term rentals or long-term leases, having something on paper is the best way to protect yourself and your renters.
3. Ask a Realtor – Did you know that having a professional real estate company manage your property can give you peace of mind? If you don’t have time to keep up with everything during the busy season or you simply want to enjoy the rental income without the hassle, having a realtor can be great asset when you are renting real estate.

Ian Hawkins & Cindy Ryerse are your go-to team when you have questions about renting real estate. Contact us today to learn more about how we can assist you!