Five Minute Friday #20 - Tenant Placement

Placing a new tenant in a rental property seems simple enough. But the fact is, there are A LOT of moving parts at play from the time a property is listed until the tenant moves in and starts paying rent. So, what does the tenant placement process look like? On this episode of Five Minute Friday, Bob walks us through North County Property Group’s proven tenant placement process. He discusses the importance of creating an effective marketing plan and property listing for each rental and explains how his team responds to prospective tenant leads and schedules showings. Bob goes on to share how prospects submit their rental application and supporting documents online and what NCPG does to screen each applicant (and their pets!). Listen in to understand the process of drafting the lease, securing the rental deposit and first month’s rent, and meeting the tenant for a move-in inspection and key exchange—and learn how NCPG follows fair housing guidelines throughout the tenant placement process. Topics Covered [0:42] The complexity of the tenant placement process [1:03] North County Property Group’s proven and reliable process for quality tenant placement [1:18] Creating an effective marketing plan and property listing for each rental [1:40] How Bob’s team responds to prospective tenant leads and schedules showings [2:33] How prospects submit their rental application and supporting documents online + what NCPG does to screen each applicant [3:24] NCPG’s partnership with PetScreening.com for a separate pet and service animal screening process [3:58] The process of drafting the lease, obtaining the rental deposit and first month’s rent, and meeting the tenant for a move-in inspection and key exchange [4:21] NCPG’s commitment to following fair housing guidelines [4:43] A summary of NCPG’s tenant placement process Connect with Bob North County Property Group Resources North County Property Group Marketing Process Video Pet Screening This episode is always available for listening, sharing, or download at Property Management Brainstorm. Subscribe to Property Management Brainstorm on Apple Podcasts, Google Play Podcasts, Stitcher, Spotify, and YouTube. Connect with Bob Preston https://www.propertymanagementbrainstorm.com/ This episode is always available for listening, sharing, or download at Property Management Brainstorm. Subscribe to Property Management Brainstorm on Apple Podcasts, Google Podcasts, Stitcher, Spotify, TuneIn, iHeart Radio and YouTube.