According to GreenvilleOnline.com, Greenville, SC, ranked fourth on the 2024 to 2025 U.S. News & World Report's Best Places to Live list. With the list comparing 150 U.S. cities, placing fourth is undoubtedly impressive.
Greenville has, after all, loads to offer, from its incredible nature to its flourishing job market and high quality of life.
With all those characteristics, it won't be surprising for the city's renter population to grow. So, why not take advantage of this and implement better rental leasing strategies to make your property more attractive and decrease vacancies?
If you're unsure where to start, don't worry; Flagship Property Management is here to help. Read on for leasing best practices and insights to boost rental occupancy rates.
Offer Varied Rental Payment Methods
When tenants can pay rent through ways other than physical checks or money orders, they'll find the task less time-consuming and more convenient.
Think about it. If your renters don't have to travel to and queue at the bank to make payments, they'll likely appreciate you more.
Automated debiting and online payment platforms are top choices. You'll also benefit from offering these methods, as they can help you collect rent more efficiently.
Guarantee Automated Debit Payments
Say you've decided to offer automated debiting. If so, consider offering tenants a guarantee for back-end problems. In the rental agreement, indicate you won't charge them late fees if payment issues occur that aren't their fault.
Simplify Tenants Lives' With Online Portals
Online portals simplify the rental payment, tenant management, and overall leasing process by:
- Offering built-in digital payment methods (e.g., online payments via cards, bank apps, and digital wallets)
- Providing tenants a convenient way to request property inspections, maintenance, and repairs
- Giving renters access to crucial rental data (e.g., copies of the lease agreements or payment histories)
Anything that can make your renters' lives easier will likely increase their satisfaction with you and your property. The happier tenants are, the higher their likelihood of staying and renewing their lease.
Make Your Greenville Property Pet-Welcoming
Finding tenants will be easier if you market your property as pet-welcoming. A good enough reason is that, per the Insurance Information Institute (III), 66% of U.S. households own pets.
By implementing a pet-friendly policy, you can market your property to more tenants and expand your prospective renter pool. The more rental applicants you get, the sooner and more likely you'll find the best fit and the sooner you can move them in.
Some of the other top benefits of welcoming pets in your Greenville rental are:
- Longer tenancies
- Higher occupancy rates
- Decreased vacancies
Pet-owning renters know it's challenging to locate pet-friendly housing, so once they find yours, they'll likely want to stay long-term and agree or even request lease renewals.
Boost Income With These Rental Leasing Strategies
Offering varied payment methods, providing online portals, and allowing pets are all effective rental leasing strategies that can help you drive rental applications, find the best tenants sooner, and encourage them to stay longer.
Our full-service property management company, Flagship Property Management, can help you with all that (and more!). For 25 years, we've leased homes in Greenville, SC, and have helped landlords find quality tenants and boost their rental income.
So, contact us today. We'll happily give you a complimentary property consultation!
