Is Your Vacant Rental Property Getting You Down?

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How to Market a Rental Property and Reduce Vacancy

Even one month of vacancy can affect a rental property’s cash flow while taxes, insurance, utilities, maintenance, and other expenses continue. An effective marketing strategy can help a property reach qualified applicants and lease more quickly.

1. Make the Property Stand Out

Before advertising, confirm that the property is clean, secure, well-lit, and ready for showings. Address visible maintenance issues and improve curb appeal where practical.

Professional signage can also attract local interest. Include clear contact information while following applicable community, association, and municipal sign rules.

2. Create a Strong Online Listing

Advertise across reputable rental platforms and use accurate, consistent information. An effective listing should include:

  • Professional-quality photos
  • Monthly rent and required fees
  • Bedroom and bathroom count
  • Amenities and notable features
  • Pet, parking, and utility information
  • Availability date
  • Application instructions
  • Contact information

A video or virtual tour can help applicants evaluate the property before scheduling a showing. Regularly monitor listings for unauthorized copies, since scammers may duplicate legitimate advertisements and impersonate property owners.

3. Use Local Networks

Share the listing with current residents, neighbors, real estate professionals, and local contacts. Referral programs may also generate leads, subject to applicable laws and management policies.

Social media, community groups, and the property manager’s website can extend the listing’s reach beyond traditional rental platforms.

4. Make Showings and Applications Easy

Offer flexible showing options, respond quickly to inquiries, and clearly explain the application process. Open houses may help generate interest, but individual appointments and self-guided tours can also be effective when appropriate security measures are in place.

Use consistent screening criteria and ensure that listings, showings, and applicant communications comply with federal, state, and local fair-housing requirements.

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CoreVest provides business-purpose financing for residential real estate investors, including rental, bridge, renovation, construction, and multifamily loans. Backed by Redwood Trust, CoreVest combines direct capital, in-house expertise, tailored solutions, and certainty of execution.

This article is provided for informational purposes only and does not constitute legal, financial, investment, property-management, or lending advice. Rental advertising, applicant screening, licensing, and fair-housing requirements vary by jurisdiction. All CoreVest loans are for business purposes only and are subject to underwriting, credit approval, eligibility requirements, program availability, and applicable terms and conditions.

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