Vacant Lawrenceville rental properties can be singularly expensive for a property investor. If a vacancy lasts for longer than a couple of weeks, it could diminish you a whole year’s worth of returns, or more reckoning you have mortgage overheads to make for your property. To help you encounter qualified residents to occupy your vacant rental properties, you can nip the span of time a resident takes from locating your property to signing a lease by designing good signage.
Picking out good signage is one of the painless ways to attract residents to rent from your property. Usually, when prospective residents see a “For Rent” sign, they will have interest in learning more. If your “For Rent” sign is hard to find, difficult to read, or not aesthetically pleasing, then it could be a distraction from getting residents to sign a lease with you. The more you do to make the process of finding your property and learning more about it easy, the less time you will have to spend to fill your vacant Lawrenceville rental properties.
Professional Signs
Attract residents to rent by keeping a professional “For Rent” sign. A professional “For Rent” sign should have a flawless, minimalist, and sound design. Some owners try to get away with scrap plywood or cardboard signs that are propped against the mailbox with sloppy handwriting and their phone number scribbled somewhere on it. Another step above this would be to find a sign at a hardware store. However, these signs tend to not have much room to add information or attract residents to rent. On the other hand, a property management company will have professionally made signs with a credible name and targeted information that can help renters trust enough to reach out to find more information.
Proper Visibility
The prime object of having a sign is for people to take it in without having to make a fuss and going out of their way to read it or not be able to find it at all. Inexperienced owners tend to put “For Rent” signs in the window or somewhere near the house. This can result in a longer period of vacant Lawrenceville rental properties. However, the best way to help your sign to be the most visible to your prospective renters is to place the sign close to the street. Make sure to place the sign in an area that is open and clutter free; away from any trees or plants so that it can stand on its own. Once you have your sign in a clean and open area, you could also put balloons or something else to make it stand out from the traditional yard signage. A combination of great signage and aesthetically pleasing curb appeal will go far in attracting residents to rent.
Include Important Details
The primary item that do an owner a favor avoiding vacant Lawrenceville rental properties is to help residents note main characteristics of your property. This can include the number of bedrooms and bathrooms, total monthly rent, whether utilities are covered, and contact information- including a phone number and email address so that they can get a hold of you. If there is more room on the sign, you can also include information about the area, recent upgrades and improvements you made on the property, or anything else that might make the property stand out above the rest. If your sign does not have enough room, consider adding a flyer holder that can contain handouts that individuals can take and bring with them.
In Conclusion
As understated as a sign might appear to be, it can have a vast effect on attracting residents to rent, securing add-on information about the property, and having in mind whether they are open to contacting you or not. The easier it is for residents to see your property is listed for rent with proper signage, your rental vacancy time will lessen and vacant Lawrenceville rental properties will be a problem of the past. Request more information or a free assessment of your rental property from Real Property Management Executives Greater Atlanta by contacting us online or calling us at 678-765-8383 today!
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
