Question

How do you minimise void periods between tenancies?

Answer 1

To minimise void periods between tenancies, landlords and property managers can start preparing for the next tenant before the current tenancy ends. Some effective steps include:

• Start marketing early when the current tenant gives notice.
• Keep the property well maintained so repairs and cleaning can be completed quickly.
• Set a competitive rental price based on local market conditions.
• Respond quickly to enquiries and arrange viewings at convenient times