The price for vacant Camarillo rental properties can be very steep for a property investor. If a vacancy goes on for more than two weeks, it could cost you one whole year’s worth of income. It could even cost you more if you have to make mortgage payments for the property. You need to find residents that are qualified to move into your vacant rental properties, and it needs to be done as fast as possible. Using a good signage can significantly reduce the time between a resident finding your property to signing a lease.
Putting up a good signage is one of the fastest ways to attract residents to rent from you. Usually, when someone sees a “For Rent” sign, it will spark their interest. They would want to learn more. If your sign isn’t placed in a location that is easy to see, or if it’s not legible, or even if it just doesn’t look good, then it could have the opposite effect and discourage potential residents from inquiring. Each prospect goes through a journey that begins with finding your property, to learning more about it and ending with the lease signing. The more effort you put into making that journey easy and pleasant, the faster you fill your vacant Camarillo rental properties.
Professional Signs
Attract residents to rent by making your “For Rent” sign look professional. It should be clean, legible, and have a minimalist feel to it. The opposite of this, which some owners still mistakenly do, is to paint or write a barely legible phone number on a piece of cardboard or plywood and lean it against the mailbox. A level above this, but still not good enough, is to buy a pre-made sign at a hardware store. The thing is, these signs don’t usually have much space to place information or attract residents to rent. The best way to go about the signage, which any credible property management company does, is to have the sign professionally designed with a respected name and crucial information. This will improve the renters’ trust enough for them to call for more information.
Proper Visibility
The reason why you need a sign is for people to see it easily without having to go through so much trouble just to read it or even to find it. Owners with little to no experience tend to put up a small “For Rent” sign by the window or somewhere near the house. This does not help reduce the long period of vacant Camarillo rental properties. Instead, place the sign where it is most visible: close to the street. Your prospective renters will be able to spot it and read it with ease. Make sure that spot is free from clutter and in an open area. Keep it away from trees or plants. Let it stand on its own. Another thing you could do to make it stand out from traditional signages is to put something eye-catching on it, like balloons. If both the sign and how the property looks from the street is aesthetically pleasing, then that can do a world of good in attracting residents to rent.
Include Important Information
An important factor to avoid vacant Camarillo rental properties is informing prospects about the main features of your property. Place down the number of bedrooms and bathrooms, rent amount, and whether utilities are included. Also, place contact details such as a phone number or email address. They need to know how to get a hold of you. If there is still space on the sign, include recent upgrades and improvements made on the property or any detail that would make the property stand out above all the others. This may also mean placing a bit of information about the area. However, if your sign does not have enough space, you may want to place a flyer holder. People can take a brochure from it and bring it with them.
A sign may seem so simple, but it does have a large effect on attracting residents to rent, disseminating information about the place, and getting them to decide whether they are or are not interested in reaching out to you. As you make the prospect journey easier with a proper signage, your vacancy duration will reduce, and vacant Camarillo rental properties will no longer be a problem.
Do you want to know more about Real Property Management Ventura County? Learn about the choices you have available to improve your investment and avoid vacant Camarillo rental properties. Contact us online or call us at 805-387-3682 to schedule a free assessment of your rental property.
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