How to Keep Your Rental Properties Full All Year Long

As a landlord, fluctuations in your rental income can make it challenging to determine your cash flow. One of the best ways to keep a steady cash flow and reduce your stress is by working to keep your rental properties full. Having full properties 365 days a year can be incredibly challenging, but there are several ways to make the process easier.

Pay Careful Attention to Your Rent

Pricing your rent appropriately for the area where your property is located is critical to keep your rental properties full. Pricing it too high could lead to extended periods of vacancy, but pricing it too low could attract the wrong tenants. A property management company can ensure that your rent is priced competitively based on the surrounding area to ensure interest is high and you have the ability to choose the best tenant from multiple applications.

Choose the Right Tenants

Based on a study by the National Center for Housing Management, over 50% of apartments turn over to new tenants every year. Turnovers, evictions and vacancies can all contribute to a change in tenancy. When you look to keep your rental properties full, you should remember that carefully selecting the tenants in them is critical. Screen your applicants thoroughly and encourage good tenants to sign longer leases for a year or longer. A property management company can complete screenings of tenants to help guide the application process and make sure you are selecting tenants who will pay rent on time and be exceptional renters.

Work with an Experienced Property Management Company

A property management company like All County Denver Metro Property Management knows how to market to the tenants you’re looking for. A property management company also helps to reduce issues between tenants and landlords through timely repairs, excellent customer service and timely communication. When your tenants are happy, they are much more likely to sign a new lease and keep your rental properties full.

Keep Your Rental Properties Full with All County Property Management

All County Denver Metro Property Management offers all property owners competent and honest property management services. From rental market evaluation to tenant placement, we can assist with all of your needs. Our team of real estate professionals looks forward to hearing from you about how we can make your investment a stress-free asset and keep your tenants happy. Call us at (720) 575-6100 for a free quote.

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