What all landlords dread is vacancy. Vacancy ends up being even more expensive than damage and repairs. Each month your property is vacant, you are losing dollars. That month is not going to come back, ever. Experienced realtor, Roberta Annett, recently shared how you can avoid expensive vacancies on San Benito houses for rent.THE RIGHT RENT
Correct pricing is paramount to renting out your property. Both overpricing and underpricing can prove expensive. One would keep tenants away from your property while the other can make you lose money that you deserve.
The price of San Benito houses for rent is determined according to the prevailing rental market, says Roberta Annett. It doesn’t matter whether you want to charge more than the rental market. (However, exceptional curb appeal and amenities can fetch you a higher price). If similar houses in your area are being rented out at a certain price, you have to price your San Benito houses for rent in the same range.
The price tenants are willing to pay matters. Waiting for a higher price for a long time is not going to help since you are incurring high vacancy costs. If your property is vacant two months in a year, that’s a loss of more than 16 percent of your rental income. Local real estate expert, Roberta Annett, can help you with a realistic estimation of the fair rent for your San Benito house for rent to make it attractive to potential tenants.
TAKE GOOD CARE OF YOUR PROPERTY
If you want your San Benito house to be rented fast, keep the property spruced up. A house that is not clean and has little or no curb appeal will not have many people showing up as qualified, interested renters. Making the necessary repairs and improvements could be worth the cost when you think of making money with rent.
Your houses for rent and sale realtor in Monterey County can give you ideas on what needs to be fixed to enhance the rental value of your property.
SEEK PROFESSIONAL HELP
A seasoned realtor, such as Roberta Annett who is an expert in San Benito homes for rent, can get the job done quickly. To avoid financial loss, it is important to keep vacancy costs low by taking good care of your property, from getting the carpet cleaned to fixing the appliances. At the same time, staying responsive to your tenants’ needs will keep them happy enough to renew their lease, reducing turnover and maximizing your rental income.
To know more about how to make the most of your San Benito houses for rent, call trustworthy, local realtor, Roberta Annett at 831-594-1796 or visit: robertaannett.com.