00:00it's crazy to say but I've been a real
00:02estate investor for four years now and
00:04I've gone through tenant turnovers as
00:06most investors do with trial and error
00:09I've been able to narrow down what
00:11strategies to take to rent our property
00:13at a competitive price while getting
00:15exceptional applications in this video
00:18I'm going to provide you seven easy
00:20steps for you to list your principal
00:23property fast and for free on Zillow
00:26rental manager my mission with this
00:28channel is to simplify success for you
00:31and ideally help you avoid a lot of the
00:33mistakes that I made and so I want to
00:36help you build a data-driven business
00:38that you can scale with systems and
00:41processes and if that's exciting for you
00:43be sure to hit the like button so we can
00:46reach more people and be sure to
00:48subscribe for new videos every single
00:50week alright let's get started
00:54about three years ago I moved into my
00:57second property and first ever in Tampa
00:59Florida area after one year of living in
01:02the property I made my move to rent it
01:04out things went really well until they
01:07didn't my tenants had to break their
01:09rental lease as they were a military
01:11family and had to move one week after
01:14moving out hurricane Ian came and caused
01:18destruction to parts of West Florida
01:20including to the roof of my rental
01:22property I was scrambling to fix a
01:25property listed and get qualified
01:27tenants in October of 2022 ultimately
01:31the listing sat longer than I would have
01:33liked and had limited qualified tenants
01:35so fast forward now of Summer 2023 it
01:40got me thinking what can I do better to
01:43make sure that the next time around I
01:46wouldn't be having my listing sit as
01:48long and have to make a reduction so
01:51rental tip number one is listing your
01:53property in the summer time so the
01:56property that I was renting out was in
01:58October of 2022 which was the fall and
02:01in the fall not many families move so I
02:04have a three bed two bathroom home that
02:06caters mostly towards families or
02:09couples who maybe work from home and
02:11want that additional bedroom the reason
02:13why they're not looking to move in the
02:15fall is because of the school season
02:17most people also don't like to move in
02:20the fall because it's cold so it's good
02:22to have your listing in the summer time
02:25so in this case what I did in October
02:27was I went through a month-to-month
02:30lease with a new tenant which I normally
02:32do not do with the caveat that for the
02:34new tenant their lease would expire in
02:37early summer time late spring so I'd be
02:40able to list it again to a higher pool
02:44rental listing tip number two is bright
02:49so I initially thought that if I got a
02:51Canon camera I'd be able to take
02:53beautiful photos and would have the best
02:56listening photos around problem is I
02:59don't know how to use a Canon camera so
03:01as a newbie I just took the camera took
03:04some shots and from what you could see
03:06it actually is not even close to being
03:09spectacular this is the kitchen here
03:12and we could look at some other photos
03:15where it's kind of dark can't really see
03:18the full scope of the room it doesn't
03:20really show off the property
03:23so these were my listings photos in
03:25October but I decided this time around
03:28when I was listening it in summer of
03:312023 to use my new iPhone so going from
03:35a Canon camera to an iPhone but yes I
03:38was able to get better quality because
03:40it was easier for me to understand how
03:42to use the camera and get wider views so
03:46if we look at those photos here we could
03:49see it's also vacant which is a bit of a
03:52that the photos make the room and space
03:55look bigger and that same kitchen also
03:59looks a lot brighter so the way I was
04:01able to make my photos look even
04:03brighter was using a free application
04:06called photos on Mac so if you have an
04:08iPhone your pictures saved to photos and
04:11if you sync it with your Mac you'll be
04:13able to get these photos automatically
04:15when you open up your computer so from
04:17here what I did say this photo I went to
04:20this little enhance button again I am
04:23not a photographer by any means so I
04:25need the most easiest way to get this
04:27looking across nicely then I went to
04:29edit and just adjust the light a little
04:31bit more to make these photos look a
04:34little bit brighter from what they
04:35looked like previously so if you see
04:38done and what it looked like beforehand
04:40it's a little bit lighter than the
04:44original photo which really helps to
04:46come at us for tenants when looking at
04:48your listing rental property tip number
04:51three is using AI for listing
04:54description so initially when I put my
04:57property back up for rent in October
04:592022 I still use the initial listing
05:03description from when I purchased the
05:05property as the actual home buyer as you
05:08can see from this original description
05:10it's really tailored for someone who's
05:13owning the property for example the
05:16paint choices are on Trend the kitchen
05:18is exquisite with designer white
05:20cabinets topped with crown granite
05:22counter stainless appliances huge Center
05:25Island for breakfast bar seating Etc
05:27there's so many words in there that
05:30aren't really that useful for a 10 it's
05:32a quickly grasp hey what appliances does
05:35it have what would I be responsible for
05:37what would an owner be responsible for
05:39and so on so instead I use Chachi PT in
05:43order to construct a new description
05:45which we could see on the right hand
05:47side so quickly just States the
05:50highlights of three bed two bath math in
05:54as well some of the highlights that it
05:57had previously of what the kitchen is as
06:01well as the great room but not to that
06:03level of detail that we had previously
06:05and goes a little bit more deeply into
06:08what the monthly rent is as it
06:10um if pathogable or not then lastly
06:13going into location so this description
06:16really helps where previously it was all
06:18about location Community details details
06:22about the property where now it's more
06:25so light details about the property than
06:28specifically for the tenant what's
06:29relevant to them in terms of security
06:31deposit lease term and then lastly the
06:34location description tip number four is
06:38rental price so I typically use Zillow
06:42rental manager as well as some other
06:43tools like rentcast and stay tuned for
06:46that one to see what the median rent is
06:48for the given area and what I should be
06:50listing my rental property for
06:53so in this case the Riverview Florida
06:56area which is a suburb outside of Tampa
06:59the median rent for a three bedroom home
07:02is twenty three hundred dollars now I
07:06know that my property has a bonus room
07:08so essentially it's like four spaces of
07:11rooms with three of them having closets
07:13of being true bedrooms so in this case I
07:16know that I could likely increase my
07:18rents a bit and not be at that median
07:22and I also see that the market
07:24temperature is relatively warm meaning
07:26there's still a high level of rental
07:28demand now previously I had rented my
07:31property out for I believe 2500 and I
07:34had to knock that down my fifty dollars
07:37in this case I realized a trick is one
07:42if you go to your rental listings for
07:44your given Town you're going to see all
07:46the listings say on Zillow on the right
07:49then what I started to do was click on
07:52some of these properties so for example
07:54if I click on this one I could see here
07:57that this is listed by a management
07:58company now a property management
08:00company what their bread and butter is
08:03is listing properties and working with
08:04tenants so I kind of want to just
08:07piggyback on what their strategy was
08:09since they probably know best in this
08:12so from what I could see as I was
08:13clicking through the properties looking
08:15to see who owned it looking to see which
08:17ones were property managers I noticed
08:19that a lot of them have the price
08:21knocked down by five dollars so that you
08:24remain in the tenant search so if a
08:26tenant is searching for properties that
08:29are no more than 2400 for example if you
08:32see this one on the bottom right it
08:34would meet that criteria even though
08:36it's only five dollars less
08:38so in this case I rented my property
08:41instead of for 2500 which I couldn't get
08:43the last time to 24.95 so only five
08:47dollars off and that had a flood of more
08:50rental applicants tip number five is
08:53make sure you have a rental property
08:55sheet if you're renting via Zillow which
08:59is free and highly recommended I have
09:00previous videos on how to do that and
09:04you will get this property listing sheet
09:09so what the tenant and what you could
09:11print out for them is the summary of the
09:14home how many bedrooms square footage if
09:17laundry is in unit for example and what
09:18other amenities you may have you may be
09:21thinking well if the tenant or rental
09:23applicant could see this all on their
09:25own on whatever app they're using when
09:27they find my listing
09:28why do I provide them this anyway well
09:31they may be looking at say four rental
09:34properties in a given day they're going
09:37to forget which one was yours
09:38potentially so by having this property
09:41sheet you give the fax right away
09:43as well if you're using Zillow rentals
09:46it provides a QR code to make it easy
09:48for them to apply now what I personally
09:51do is a mixture of these two so I also
09:54have my own property sheet as you can
09:56see here where I have the overview of
09:59the property attributes the rent
10:01including beds baths and square footage
10:03one that started the leases then I go
10:06into a little bit more detail about the
10:08community itself so the community that I
10:11have the property in is a gated
10:12community has a dog park it has a
10:15bi-weekly food truck and this helps
10:17applicants to understand the community
10:19of the area so especially if it's going
10:22to be in a suburb neighborhood I would
10:26suggest to put these neighborhood
10:28amenities and I also list here what's
10:30close to so any shopping or food is also
10:36mentioned as well as close highways
10:38since a lot of rental applicants
10:40typically will have some sort of job
10:42they have to commute to
10:44and they would prefer to be somewhere
10:46close to highways so it's close for them
10:50I also add some activities too and then
10:53towards the back of the sheet is where I
10:55put more detail on what my requirements
10:59are which includes all adults to be able
11:01to apply so this sheet one presents it
11:04to the applicant when they're touring
11:06the property just gives a great overview
11:09to be very professional in terms of what
11:11the requirements are but also provide
11:13that summary so that applicants remember
11:18tip number six is offering flexibility
11:21for rental applicants and this comes in
11:23two forms first when they're touring the
11:26property itself so traditionally I would
11:28always be on site for a property because
11:31it usually is the case where I live in
11:32the property rents it out and I want to
11:35make sure that my stuff is safe however
11:37in this case the property itself was
11:40actually vacant as my previous tenants
11:41had already moved so instead of having
11:44to go back and forth on messenger for
11:46Zillow rental manager to decide on a
11:49time to meet the tenants I actually
11:51implemented a Smart Lock to make it
11:54easier for them to enter and do a
11:55self-tour on their own you may be
11:58thinking oh man they can destroy the
12:00property that way but typically that
12:02actually isn't really the case I also
12:05had the property in a gated community so
12:07it made me feel more safe as well and if
12:10you're thinking well how much is that
12:11going to put me out if I get a lock
12:14that's a Smart Lock if you go on Amazon
12:17they can rain change anywhere from
12:19thirty two dollars to 230 dollars which
12:22can get a little bit more pricey and in
12:24my case I wanted a simple Smart Lock
12:26entering codes I can change the code
12:29based on who the applicant could be and
12:31in that case I went with an hu tools uh
12:34lock but you can go many different
12:36routes the one I would say to not do is
12:40August home as I've had that in Prior
12:42rentals and it's just really not that
12:44great of a product and
12:46um the way it turns is like super slow
12:49so it would have a lot of issues with
12:52the motor when I used to use it at least
12:54a couple years ago then the second part
12:57of flexibility was a question I would
12:59get from a lot of rental applicants hey
13:01I want to move in August 1st which is
13:03say a Tuesday but it's going to be a lot
13:05easier for me to move on a weekend so
13:08maybe that prior Saturday do you have
13:10any availability for me to move in a
13:13little bit earlier but had the least
13:14start August 1st in this case if the
13:17property is vacant and I will always say
13:19yes because it's only three or four days
13:21extra a tenant is in there it gets me
13:24off of the water and electric bill and
13:26provides them that flexibility that
13:28could be the reason why they choose your
13:30property over another property so last
13:32but not least actually my favorite tip
13:35is number seven which is getting to know
13:37the rental applicants I typically ask
13:40them questions when the rental applicant
13:43is looking to tour the property or
13:45afterwards when they have questions
13:46possibly giving them a call and in that
13:48process I get to know them a little bit
13:50more as to where they're moving from and
13:53why they're moving to the given area
13:55this is where I educate them a bit more
13:57and if they're already familiar with the
13:59area I get to kind of get on a basis of
14:03knowledge where we feel very comfortable
14:05with one another so let me give you an
14:07example here in the town that I have my
14:10property which is Riverview Florida it's
14:12fairly large so I'll ask the applicant
14:15hey have you lived in Riverview before
14:17if they say no or if they say yes then I
14:20say well then in this case you would
14:22either know or not know that Riverview
14:25is a very large town you could be in one
14:28part of it and then drive 20 minutes and
14:30be in a whole other part of the same
14:32exact town now what's key to understand
14:34here is that when you're living in
14:37Riverview regardless if you choose my
14:40property or not to live in I highly
14:43suggest that you try to live close to
14:45one of the exits on 301 or I-75
14:48otherwise it's going to be very
14:50difficult for commuting and also getting
14:52out of the town in general if you want
14:54to do weekend trips like say going to
14:57in this case I also state that the
15:00benefit of this property is that it is
15:02only five minutes away from major
15:04highways so I then preface again whether
15:08you choose my property or not I highly
15:10suggest that you do choose one that has
15:12good transportation and if you need
15:14recommendations on what streets to look
15:17out for I could provide that as well for
15:20good transportation and that really
15:22really helps to resonate with the
15:24residents because one I've inversibly
15:27eliminated a whole pool of potential
15:31properties for them to look at that may
15:34be beautiful but you know 20 minutes
15:36away from the highway
15:38and I'm kind of also stating what the
15:41main benefits of my property is which is
15:44transportation that's one of my
15:46strategies that I take when I invest in
15:48properties in general which you could
15:49watch previous videos on so with that I
15:53provided you seven different steps as a
15:55recap list your property in the summer
15:57time use bright photos use AI for a
16:00listing description knock off your price
16:02by five dollars instead of rounding it
16:04to the nearest hundred use a rental
16:06property sheet provide rental applicants
16:09flexibility like a self-tour and get to
16:12know them a little bit more while being
16:14able to emphasize what the positives of
16:16your property is if you felt that this
16:19video helped then please hit the like
16:21button below as well I love to hear the
16:24comments as I'm always trying to learn
16:25myself and how to be a better landlord
16:27of what strategies you may take and as
16:30well if you are a rental applicant what
16:33are some things that you look out for
16:34when you decide I'm rather live in this
16:37property versus another one
16:40thanks so much for watching
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