LJ Hooker

A Seasoned Property Investor’s Guide to Maximise Returns p. 24 Now you have your property looking its best, here’s how to maximise your chances of attracting the best applicants for your property. Charge the right rent Don’t be greedy and charge exorbitant rent. Tenants are acutely aware of how much ‘fair rent’ is within your area, and they are constantly comparing properties, features, location and rent. Your property manager is the perfect person to talk to about how much rent you should charge. Outline ideal tenant criteria Think carefully about your ideal tenant, as the more detail you can provide about the perfect candidate the more likely you’ll attract them. This also helps narrow down your focus and makes it easier to choose the best tenant from the pool of applicants. Compelling listing The majority of tenants use online portals to find their next rental, so writing a compelling listing is a key way to attract good tenants. 6 ways to attract good tenants