There’s no doubt that owning rental properties is a great way to generate long term cash flow and wealth but the reality is that if you’re consistently losing renters every year, instead of having long term renters, you may be dealing with more stress and loss of revenue than you should.
In this article we will show you how to finally break the cycle of losing renters every year and keep long term renters in your rental properties.
Tip 1 – Update Your Rentals
Most renters these days want to know that their landlords actually care about them, and are not just renting to get their money.
You can keep your Humble Texas Renters happy by updating your rental units.
Consider painting the inside and outside of your Humble Texas Rental Properties, replacing bathroom and kitchen sinks, improving curb appeal and adding more lighting outside.
Tip 2 – Make It Easier For Tenants to Contact You
Offer your Humble Texas Renters more ways to contact you including by your mobile phone or email.
Most renters won’t be calling, texting or emailing you 24-7, but they will like to have the confidence in knowing they can reach you should they have a question, concern or problem which needs to be resolved.
It’s also important to consider offering your tenants the ability to pay their rents online via your website or a 3rd party payment platform so you can speed up the process of getting paid and won’t have to deal with the age old problem of collecting checks from your tenants.
Tip 3 – Offer Perks For Tenants Who Renew Their Leases
Last of all, you should consider offering perks to tenants who are considering renewing their leases.
Some perks to consider offering are: 3-6 month gym memberships, restaurant gift cards, basic satellite TV or Wi-Fi for 6 months or free rent for one month.
At Vestpro we know that sometimes you don’t have the time or energy to focus on keeping your tenants satisfied and that’s where we come in.
With our full suite of rental services we can help you run an efficient property management business.
Get Property Management Here
For professional property management contact Vestpro Residential Services by calling us at (832) 972-1841 or click here to connect with us online.