How to Run a Property Business rather than a Hobby — and 5 great ways to Find New Tenants

Have rules, policies, and boundaries set

Systems that create efficiency

• Make sure to get the property ready for renting
• Understand that bad tenant are attracted to bad properties, so clean the place up! Get a good cleaning done, install new blinds, get carpets professionally cleaned, ensure that all appliances work, paint the interior and exterior, et cetera
• Make sure to take a lot of pictures and organize those pictures on google drive or something along those lines, to get a chance to see the before and after of when a tenant moves in. This will be a great way of examining what type of damage a tenant has done to the property come move-out day. And it’d be even better to do this with a professional quality DSLR-Camera

Five+ Ways to find Great Tenants:

• Put a sign in the yard
• Note that putting a for the sent sign on the yard lets people know that the property is vacant, and may increase the chance of crime like vandalism and theft
• Be way of this, especially if the property is in a lower-grade and crime-infested area
• Craigslist
• Upload as many…