{"id":18903,"date":"2018-12-19T07:42:52","date_gmt":"2018-12-19T07:42:52","guid":{"rendered":"https:\/\/www.thehouseshop.com\/property-blog\/?p=18903"},"modified":"2018-12-19T07:43:13","modified_gmt":"2018-12-19T07:43:13","slug":"5-ideas-to-attract-long-term-tenants-to-your-property","status":"publish","type":"post","link":"https:\/\/www.thehouseshop.com\/property-blog\/5-ideas-to-attract-long-term-tenants-to-your-property\/","title":{"rendered":"5 Ideas To Attract Long-Term Tenants To Your Property"},"content":{"rendered":"\n<!-- SEO Ultimate Plus (https:\/\/seoultimateplus.com) - Code Inserter module -->\n<script async>(function(s,u,m,o,j,v){j=u.createElement(m);v=u.getElementsByTagName(m)[0];j.async=1;j.src=o;j.dataset.sumoSiteId='b68b392479b5981b8acf46565e9fe32a0734fc21a1f7c1e60121eaa6ca1a1c64';v.parentNode.insertBefore(j,v)})(window,document,'script','\/\/load.sumo.com\/');<\/script>\n<!-- \/SEO Ultimate Plus -->\n\n<p><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">As a property owner, you prefer to have long-term than short-term tenants, right? Of course, you do because it means you get to have a source of steady income. It\u2019s also less troublesome and more efficient than always finding new ones. If you want to attract long-term tenants, here are some tips for you:<\/span><\/span><\/p>\n<ol>\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\"><b>Do Not Set Your Rental Price Too High<\/b><\/span><\/span><\/li>\n<\/ol>\n<p><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">One of the first things that a potential tenant is looking for is the price. Make sure that you post an ad on websites such as <\/span><\/span><a href=\"https:\/\/www.gumtree.com.au\/s-real-estate\/c9296\"><span style=\"color: #1155cc;\"><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\"><u>Gumtree Real Estate<\/u><\/span><\/span><\/span><\/a><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\"> so they will see your listing. Potential tenants will go online first to find the best but also the cheapest rental space or look for a <\/span><\/span><a href=\"https:\/\/www.ratecity.com.au\/home-loans\/articles\/home-loan-guide\"><span style=\"color: #1155cc;\"><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\"><u>great home loan guide<\/u><\/span><\/span><\/span><\/a><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">. <\/span><\/span><\/p>\n<p><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\"><img loading=\"lazy\" class=\"alignnone size-full wp-image-18905\" src=\"https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2018\/12\/rental-agreement-shutterstock_127143437.jpg\" alt=\"\" width=\"500\" height=\"334\" \/><\/span><\/span><\/p>\n<p><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">When you post your ad, make sure to:<\/span><\/span><\/p>\n<ul>\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Set your price according to market value. Usually, a person looks at the cheapest one first. But don\u2019t sell yourself short or you won\u2019t have a return on investment.<\/span><\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Research and compare your prices to other similar properties. Set your price at a competitive amount. You could even set it slightly less than the market value. Maybe at 2-3% lower, so you attract more potential tenants.<\/span><\/span><\/li>\n<\/ul>\n<ol start=\"2\">\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\"><b>Straighten Up Your Place<\/b><\/span><\/span><\/li>\n<\/ol>\n<p><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Nobody wants to live in a messy, dirty, or smelly place. So, before taking pictures for your ad and before showing your property to future tenants, make sure that it\u2019s spick and span. Here are a few ways you can make your property look tidy:<\/span><\/span><\/p>\n<ul>\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Remove all the clutter, so the property appears neat and spacious.<\/span><\/span><\/li>\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Replace your old and worn-out furniture.<\/span><\/span><\/li>\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Exterminate the pests if there are any.<\/span><\/span><\/li>\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Remove unwanted smells like <\/span><\/span><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/how-to-remove-cigarette-smoke-smell-from-your-property\/18875\/\"><span style=\"color: #1155cc;\"><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\"><u>cigarette smoke<\/u><\/span><\/span><\/span><\/a><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">, chemical sprays, or any lingering food smells.<\/span><\/span><\/li>\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Scrub your floors or vacuum your carpets.<\/span><\/span><\/li>\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Repair any damages like walls, door locks, faucets, etc.<\/span><\/span><\/li>\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Maintain landscaping, so the outside looks presentable as well.<\/span><\/span><\/li>\n<\/ul>\n<ol start=\"3\">\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\"><b>Consider the Requests of the Tenant<\/b><\/span><\/span><\/li>\n<\/ol>\n<p><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Even though it\u2019s not a place of their own, tenants would also like to feel that your property is their home. If they feel \u201cat home\u201d they are more likely to stay for the long-term because they are allowed to make choices and changes in the place.<\/span><\/span><\/p>\n<p><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">You don\u2019t have to allow everything, especially significant changes in your property. But maybe you can consider things like allowing pets or changing the color of the walls. Sometimes they would also like to do some decorating like hanging pictures on the walls for a more homey feel. <\/span><\/span><\/p>\n<p><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Take time to hear out some of their requests and do a little negotiation until both parties agree.<\/span><\/span><\/p>\n<ol start=\"4\">\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\"><b>Build and Maintain a Positive Relationship with the Tenants<\/b><\/span><\/span><\/li>\n<\/ol>\n<p><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">If you want them for the long-term, then it means you\u2019ll have interactions with them more often. You should build a good relationship with your tenants since they\u2019ll be in your home for years. While not exactly someone you are buddies with, at least have a friendly relationship with them. <\/span><\/span><\/p>\n<p><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Some nice gestures you can do are:<\/span><\/span><\/p>\n<ul>\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Be humble and don\u2019t act all mighty just because they\u2019re renting out your property.<\/span><\/span><\/li>\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Send them a housewarming gift when they move in, so they feel welcome.<\/span><\/span><\/li>\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Listen to their requests and be open to negotiations.<\/span><\/span><\/li>\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Greeting them or give little presents on special occasions like on Christmas or their birthdays.<\/span><\/span><\/li>\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Respect their privacy.<\/span><\/span><\/li>\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Do not have surprise inspections. Always give them prior notice, so they don\u2019t feel like you\u2019re cornering them.<\/span><\/span><\/li>\n<\/ul>\n<ol start=\"5\">\n<li><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\"><b>Immediately Tend to Maintenance and Repair Issues<\/b><\/span><\/span><\/li>\n<\/ol>\n<p><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">When they raise concerns about facilities or other things about the house, take immediate action. There are many illegal actions that landlords do and refusing to fix house issues is one of them.<\/span><\/span><\/p>\n<p><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">When you make routine inspections, take note of the things that might need fixing or maintenance. You have to take care of your property to maintain its value. It also shows that you are concerned about the well-being of the people who live under your roof.<\/span><\/span><\/p>\n<p><span style=\"font-family: Times New Roman, serif;\"><span style=\"font-size: medium;\">Attracting long-term tenants is all about giving those people a place where they feel at home. When they are happy and satisfied with the way you let them live in your property, they are more likely to stay. After all, everyone wants to know that at the end of the day there is a place that gives them peace and comfort.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a property owner, you prefer to have long-term than short-term tenants, right? Of course, you do because it means you get to have a source of steady income. It\u2019s also less troublesome and more efficient than always finding new<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/5-ideas-to-attract-long-term-tenants-to-your-property\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":41,"featured_media":18904,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wl_entities_gutenberg":"","_lmt_disableupdate":"","_lmt_disable":"","spay_email":""},"categories":[1,10,16,9],"tags":[],"wl_entity_type":[602],"modified_by":null,"_wl_alt_label":[],"jetpack_featured_media_url":"https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2018\/12\/for-rent-shutterstock_511372381.jpg","wl:entity_url":"http:\/\/data.wordlift.io\/wl0502\/post\/5_ideas_to_attract_long-term_tenants_to_your_property","_links":{"self":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/18903"}],"collection":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/comments?post=18903"}],"version-history":[{"count":1,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/18903\/revisions"}],"predecessor-version":[{"id":18906,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/18903\/revisions\/18906"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media\/18904"}],"wp:attachment":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media?parent=18903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/categories?post=18903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/tags?post=18903"},{"taxonomy":"wl_entity_type","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/wl_entity_type?post=18903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}