Success in a real estate rental business means having tenants on your property throughout the year. However, the reality is that tenants move on: they buy a new house, move to another state, need a bigger place, and the list could go on.
But attracting new tenants can be difficult, and this is why as a landlord, you should know how to sweeten the deal and have your space occupied ASAP.
Here are 5 perks to attract new tenants to your property according to Realty Times:
Alarm Monitoring Services
All tenants have one priority on top of their list when looking for a place to rent: security. Even if your property is situated in a considerably safe location, a complimentary alarm monitoring system will make the tenants feel like having an added layer of protection.
Gym membership
Everybody's into getting fit these days, and your tenant sure is too! Make them close that deal by laying free gym membership on the table. If you don't have a gym on-site, get a deal from the nearest gym facility to your property.
Equipped in-town moving van
Especially with tenants that are moving from a distant location, a free in-town moving van to use for their move is a significant major perk. Moving can be costly and if you can offer to take care of the moving vehicle, tenants will think about the amount of money they can save and will find your offer irresistible.
Cable television
Basic cable television packages may not be within budget for prospective tenants. So if you can offer to get them one at a discounted price, then they may just sign that dotted line. After all, who doesn't like some good television?
Free electronic device
Who doesn't like freebies? To the receiving end, it is always favorable. Offer prospective tenants with valuable and useful device or have them pick their choice. Those who are narrowing their rental options would find this offer really attractive.
High-speed internet
Complimentary Wi-Fi almost always seals the deal for prospective tenants, especially college students and new career professionals. This way, they don't have to deal with credit checks, deposits, installations and contract themselves; they also don't have to worry about pro-rated bills once their lease is up.