getting a house rented quickly

Rehabbing, Fix and Flip, Rental Properties
1

So I should be picking up a 3/1 house in a low to mid income area soon. It’s not slums, but not the standard middle income area either.

It needs minimum work, like 2-3k and it will be renter ready. I plan to get it rented and then put it up for sale. I think I can pick it up so cheap that I could easily sell for under value and move it quickly.

My question is, what’s the quickest way to get a renter in it?

I have ads up on craigslist and some other free online sites, and was planning to put some signs up in the area too. Anything esle?

2

If the area’s not too bad - mid-income blue collar and the crime rate is not too bad, I’ve had great results from a sign on the lawn with a few pointing to it…

Keith

3

In my area, signage and Craig’s gets mixed results. The newspaper always seems to bring enough calls to get a qualified applicant in less than two weeks if the rent is set to market rates.

4

In my area I have to get a second mortgage to pay for a newspaper ad.

5

I’ve heard directional signs (signs outside the neighborhood with arrows) work wonders, if you can put them up legally. Signs do have the downside of pointing out a (possibly) vacant property in high-crime neighborhods.

6

small local papers (Greensheet, Houston Press in Houston) instead of the big paper keep the phone ringing at a lower price.

7

There always seems to be a “Thrifty Nickle” type of local classifieds paper out there in every town. I usually see them near the checkout at local stores.