Owning a rental property is a great way to bring in income and build wealth. However, your rental property isn’t worth much to you at all if you don’t have tenants. In a competitive renting landscape, finding quality tenants who will pass a tenant screening can be a challenge, especially for those who are new to property management and ownership. If you want to ensure that you find tenants in a prompt manner, it’s a good idea to advertise your property across multiple platforms. Here are some free options that will allow you to post multiple ads without spending a fortune.
Craigslist is king when it comes to advertising apartments and rentals. It’s the first place that most people look when they are in the market for a new rental. Craigslist is comparatively unregulated and unmoderated, so create a high quality advertisement that features clear photographs and a descriptive, well-written text. It will help you to stand out from other ads.
Zillow is designed both for sale and rental properties. It’s a popular choice for just about anyone looking for a home. One of the key tips for success on Zillow is to leave no detail out when you are creating your listing. Zillow allows potential renters to narrow their search criteria to meet their exact needs, so make sure that your profile is thorough.
Trulia is quite similar to Zillow and has a similar reputation for quality and specific ads, although Trulia is the somewhat more popular option in large cities and metropolitans. Similar to Zillow, create ads that feature lots of details and multiple clear photographs to ensure success.
By using these free sites, you can advertise your rental across several platforms without spending a fortune. Before you know it, you’ll be conducing the tenant screening and well on your way to signing a contract with your new renter.