Quick Guide to Effective Tenant Screening in Columbia
The Columbia real estate market is one of the best markets for investing in rental properties. With a growing population over 126,000 people, Columbia has many opportunities for rental property owners. In fact, 55.9% of Columbia’s residents are renting a home. This means that being a landlord in Columbia can be a lucrative business. In order to be a successful landlord, keeping your rental property occupied with happy tenants is essential. After all, a vacant property does not generate income, but the owner still needs to pay for its expenses.…
How to Advertise Your Columbia Rental Property Successfully
When you have a vacant Columbia rental property, you need to act fast and market your unit. As if you’re successful, you can attract great tenants that help you maximize your rental earnings. So, without effective marketing, it can be hard to find qualified prospects. Is it necessary to perform advertising on your rental home? Creating rental ads is an effective way to broaden your number of viewers. With a large pool of prospects, you’re bound to end up with high-quality renters who provide consistent income for you and little property damage.…
Pricing Your Columbia Home to Rent
Renting out your Columbia home can be very lucrative. You can use the potential monthly rental income to shore up your savings, to pay down any debt or to put towards further investments. Furthermore, you may also able to create wealth through the rising property appreciation rates. But renting out a property isn’t a guaranteed path to success. There are a couple of property management skills that you’ll need to grow in order to gain any of these potential benefits. Among these things is knowing how to price your Columbia home properly. Witho…
Guide to Making a Solid Lease Agreement for Your Rental Property
Contractual agreements are part of doing business, and renting out a property is no exception. You want to ensure that there is a clear policy between you and your tenant to avoid misunderstandings later on. A lease agreement is a legally binding document. It contains both parties’ rights and responsibilities, as well as important clauses, policies, and disclosures. A detailed agreement will also contain guidelines for specific situations. For example, how much notice a tenant must give before moving out or rules for lease termination. The fo…
How to Write a Good Property Listing
Property listing is a common term used in the real estate industry. A great property listing should read like a great piece of marketing. But the key difference between the two, is the layout. But what separates a great property listing from a mediocre one is the ability to describe the property in a way that captures a potential renter’s eye. A good property listing is simple, and today we at Real Property Group will take you through how to write a good property listing. Create a Compelling Headline Your listing’s headline will be the first …