How Long Does It Take to Find Good Renters in El Paso?

September 11, 2020
How Long Does It Take to Find Good Renters in El Paso? - Article Banner

It shouldn’t take you more than a few weeks, or even a few days, to find a great renter in El Paso. Our recommendation, however, is that you don’t rush it.


Every landlord and investor has heard a horror story or two about terrible tenants. You don’t want to be stuck with a renter who doesn’t pay or destroys your property. It’s worth your time and resources to slow down and find a tenant who can be relied upon to pay rent on time and take good care of your home. A good rental experience starts with a great tenant. 


While it’s important to take your time, you don’t want the vacancy days to add up. It’s important to find that well-qualified tenant quickly so you can get your rental income flowing. 


High quality tenants in El Paso are always looking for well-maintained homes in desirable neighborhoods, and finding them shouldn’t be a problem. If you want to find and place them quickly, it’s important to ensure your property is rent-ready, priced competitively, and marketed strategically. 


It also helps to work with a professional El Paso property management company.


Make Your El Paso Property Rent-Ready


To find a qualified tenant quickly, you need to provide a great rental home. Expect the best tenants to have high standards when it comes to cleanliness and curb appeal. They’ll want an attractive and comfortable home that feels welcoming and spacious. Make sure everything inside the property works before you open it up to showings. Pay attention to landscaping and lighting. You want the best tenants on the market to be able to imagine living there. 


Price your property competitively as well. Spend some time doing a comparative market analysis so you know you’re in the right rental range. A home that is priced too high will take longer to rent.


Strategic Rental Property Marketing


A good marketing plan will attract good tenants swiftly. 


You’ll get your best results with an online advertising plan. List your home for rent on some of the hundreds of rental sites that attract tenants in El Paso. You can even create a website that showcases your home, or work with a property manager on leasing so that your listing will be featured on their website. 


Share your home for rent on social media. Take some professional pictures, write a great and detailed description that includes pertinent information like price, property size, and rental terms, and post that listing all over the internet. You’ll need as much exposure as possible. 


Screen Your Tenants with Urgency


online application

When prospective renters are showing an interest in your property, don’t take too long to process applications. Provide an online application if you can. This will allow you to process their information and screen their backgrounds faster. 


The screening process is an important part of finding a qualified tenant. Don’t skip it and approve the first person who applies just because you want to get someone placed. Gather all the necessary information and conduct a full background check. This should include a nationwide criminal background check and a nationwide eviction check. Then, look at income and verify that your prospective tenants will earn enough to cover your rent. Talk to former landlords and find out if they were good tenants.


If you don’t have the resources or the knowledge to conduct a thorough and fair housing-compliant screening, reach out to an El Paso property management company. It’s difficult to identify a great tenant if you don’t have a great screening process. 


We can help you rent your property out quickly. Contact our team at Century 21 Haggerty Property Management for any help with leasing and managing your El Paso rental property. 

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