Blog Post

Top 5 Things Winton Tenants Look For in a Multi-Family Rental Property

Wisdom Property Management • October 8, 2021
Top 5 Things Winton Tenants Look For in a Multi-Family Rental Property - article banner

Finding, attracting, and placing good tenants in your Winton rental property is an essential part of the leasing process. Retaining those tenants is also important, especially when you want to avoid long vacancy exposure and high turnover costs. 


So, how can you attract and keep those great tenants in your multi-family properties?


You can start by thinking like a tenant and then meeting their needs. Here are the top 5 things your best Winton tenants are looking for in a multi-family rental home.


1. Competitive Pricing


Tenants who choose multi-family properties are hoping to find value. They’ll be willing to pay for a great rental unit, but they want to get a lot of value for their money. They’ll look for homes that have all the appliances included. They’ll be more likely to rent homes where water and trash services are included or rolled into the rent. Consider providing Wi-Fi or cable for free. Your best tenants will expect every dollar to count when they’re paying your rent.


2. Desirable Location 


Winton tenants are looking for a rental property that’s close to work, grocery stores, restaurants, entertainment, parks, and commuter routes. Quality of life is important to tenants, especially today, and good residents are often willing to pay more for a rental unit if the property is in a great neighborhood. School districts are also important to residents with children. Make sure it’s easy to park, and let tenants know all the benefits of the neighborhood when you’re showing and advertising the property.


3. Safety and Security Features


Safety is always going to be on the minds of prospective tenants. Security systems, upgraded doors and windows with extra locks, and secure entryways are going to be important for tenants living in multi-family properties. Make sure the stairs are well-lit and the parking lot or garage is open, bright, and easy to navigate. Consider security cameras and motion lights around the building.


Educate your renters on how to stay safe. Remind them to lock their cars and not leave valuables outside the home where people can see them. 


4. Move-In Ready Property Condition 


Properties that aren’t move-in ready and require painting, carpeting, or cleaning will be a problem. Your tenants are looking for homes that are clean, functional, and ready to inhabit. Before showing the property, make sure that all the necessary repairs have been made. The first impression that a tenant gets from the property will be what drives their decision to fill out an application or not.


Additionally, if the property condition is poor when tenants move in, they will believe you don’t care about the property yourself. This sets the expectation that they can treat the property without care. You don’t want to give the wrong impression. A rental home that’s in move-in ready condition sets the expectation that the tenant will maintain high standards of cleanliness and maintenance.


5. Responsive Building Management


Tenants will want to know there is a team of responsible property managers ready to
take care of their needs when there’s a maintenance issue or a neighbor who is being a nuisance. They’ll need to know their landlord or property manager is responsive, available, and accessible. Good tenants will look for things like clear expectations, a transparent and detailed lease agreement, and conveniences such as online rental payments. 

Prospective tenants

If you’d like to talk more about how you can prepare your Winton rental property for the best tenants, we can help. Contact us at Wisdom Property Management & Realty. 

Share this post

Demographic Shifts in California: Adapting Rental Strategies - Article Banner
By Ashley Stayner February 20, 2025
Discover how demographic shifts in Merced are reshaping the rental market. Learn key investment strategies to maximize ROI in this evolving real estate landscape.
Leveraging Social Media to Market Rental Properties in California: Tips for Merced Landlords
By Ashley Stayner January 16, 2025
It is time to get social, and we’re going to insist you become an influencer even if you don’t naturally gravitate towards the likes of Instagram, Facebook, and other social media platforms. Leveraging social media to market rental properties in Merced and throughout California is essential. You gain a lot more traction on social sites than you do by simply posting a listing on Zillow or HotPads. All of your potential renters are on social media, and you should be there too. Let’s talk about some tips, assuming you’re not already going viral on the ‘gram. Part One: Put Together Your Profile A successful social media strategy starts with a profile that will attract the kind of attention you want. If you’re already a presence on social media, that’s great. If you’re just getting started to better market your rental home , be intentional about how you present yourself. Your audience will likely be potential renters who will view your page and consider the homes you have to offer. If you’re posting homes for rent on your personal social media pages, you can easily include all of the people you already know in your network. However, you also want to make sure your personal page is professional. If you’re prone to angry political posts, you might alienate a lot of potential renters on the other side. Your social media presence, as a landlord, needs to be welcoming to everyone. Generally, we recommend that you establish a separate profile for the work you plan to do sharing your rentals. This will help narrow your social media postings on that particular profile to the rental property you’re marketing or related topics. Visitors won’t get confused, and they won’t have to scroll past photos of your pets and vacations to find the homes you offer for rent. Before you start posting about your available rental properties, you’ll want to make sure you have all of the pertinent information on your profile. There has to be updated contact information, for example. You’ll also want a credible profile photo. Maybe it’s a snapshot of the property you’re trying to rent. It could be a picture of the neighborhood or even a photo of the state or region you’re in. A picture of yourself is also fine, as long as it’s professional. Reaching the Right Social Media Audiences When we’re talking about social media marketing, it’s important to understand that the audience is everything. Social spaces are crowded, and you want to reach the right people. According to the Pew Research Center, more than 72 percent of Americans use social media daily. By using hashtags, joining local or industry-specific groups, and following popular sites and spots throughout Merced, you’ll focus on the people who are looking for a new rental home or on the people who know people who are looking for a new rental home. Create a Social Media-Friendly Listing What will get the most attention on social media sites? Photos and videos. These will be your most important tools when we talk about posting your rental listing on social media sites. This is the type of content that gets attention. It gets likes. It gets shares. It gets comments. All of those things will expand your audience and increase your reach. Although text plays an essential role in social media, and you’ll use it to share details such as: Rental amount Move-in ready dates Rental qualifications Security deposit amounts Images and videos are especially crucial. You’ll want to upload clear and crisp photos so that they render well on mobile devices. You’ll want short, engaging videos that showcase your property and provide people with a glimpse of how things look. If you want to be more impactful with how you market Merced homes for rent on social media, focus on the property’s layout, show real-time room sizes, give viewers a close-up of amenities , and an idea of the property’s location. When you have special features to show off, such as walk-in pantries, garden tubs, smart home technology like video doorbells, and fenced backyards, video is a great way to show those things off while giving viewers an idea of what it’s like to actually be there. Plenty of social media platforms are built for video; you can use Instagram reels, Facebook and Instagram live videos, Snapchat story updates, and of course YouTube. Hashtags are Essential Please tell us you know what a hashtag is. They’re helpful when you’re posting because they get the attention of your target audience. Using hashtags on your posts makes them more accessible because when people search for a particular hashtag, your post will be there, ready for them to view. Use specific hashtags that identify your location, the type of property, or the neighborhood name. Try #Mercedrentals, #Mercedhomeforrent, #Mercedapartment, and similar hashtags to get attention and focus on your desired audience. Promote Your Merced Rental Listing
The California Landlord's Property Management Checklist: Tailored for Merced - Article Banner
By Ashley Stayner December 19, 2024
Here’s our property management checklist – Merced edition. These are the things to look for as a landlord with local properties who wants to have a pleasant and profitable investment experience.
Show More
Share by: