Boise, ID, has once again been featured on Money.com as one of the best places to live in the US. This wonderful city has so much to offer, it's no surprise that the rental market is thriving.
But if you're a landlord, attracting Boise tenants comes down to making your property stand out from the many other homes for rent in the area. Fortunately, we're going to give you the most effective strategies that can help you increase occupancy rates and boost your rental income.
Read on to learn about marketing rental homes in Boise.
Use Professional Staging and Photography Tips
When promoting rental listings, first impressions matter. Potential tenants will likely look at hundreds of other homes online, and you want them to stop scrolling as soon as they see your advertisement.
This means you need to stage your home correctly by ensuring it is clean and tidy. You should also arrange the furniture in a way that highlights the amount of space available in your property, and make sure your rooms are well lit.
If you have the budget, you can hire a professional photographer, as they will have the skills required to make your home look its best in photos.
Provide Detailed Rental Property Descriptions
You never know which features tenants will be looking for when they are house-hunting, so it's good practice to provide as much detail as possible.
For example, the location of your home may be the most important element for some renters, whereas the number and size of rooms might be the key aspect for others. Additionally, being close to transport links or having a backyard can be a deciding factor for prospective tenants.
By including plenty of helpful information, you can increase your chances of finding a renter who is eager to sign a contract.
Price Competitively
Pricing is a crucial part of your rental property advertising strategy, and you need to ensure your rental fees are competitive. But this doesn't mean you should price too low. The aim is to charge a high rate without asking for too much and pricing your home out of the market.
Getting this step right can be a delicate balance, and a local property manager can help you find the most profitable price point.
Respond to Inquiries Quickly
One of the most overlooked Boise rental market tips is to respond promptly to inquiries. Tenants may contact several landlords at once, and you don't want to make them wait for a reply. Otherwise, they might commit to moving into a different rental before they view your property.
Not everyone likes to talk on the phone, so be ready to send emails or texts when organizing viewings.
Market Your Homes for Rent With Wave Property Management
Whether you have one property, or multiple homes for rent, Wave Property Management is here to help.
With over a decade of industry experience, we help maximize rental occupancy and income, giving you long-term financial security. We offer a personal service for each client, and use the latest technology to achieve the best outcomes for your investment.
Contact Wave Property Management today and let us help you become a more profitable Boise, ID landlord.
