Advertise Your House For Rent and Get Internet Exposure With Craigslist
Advertising your house for rent doesn’t have to be a daunting proposition. You don’t have to spend a lot of money on advertising and promoting your rental home.
For most landlords and property owners, the major problem they have is a lack of leads and renters who know about their house. If you’re trying to rent a house, one of your biggest hurdles is advertising. But with the Internet and Craigslist you can now tell others about your house that is for rent by tapping into free Internet advertising. Some landlords waste a lot of time and money using a Realtor add their rental property to the local Multiple Listing Service or MLS.
Although, you can get decent exposure with MLS services, it doesn’t compare to the cost effectiveness of Craigslist. These MLS systems feed hundreds of different real estate websites but they websites don’t produce a quarter of the leads that Craigslist does. MLS systems and newspaper classifieds use to be the only way to get leads and exposure for your home for rent. But with the Internet you can get as much exposure as you want and for free.
With the Internet, you can still get your home for rent exposure to dozens of websites for free. The best of these websites is Craigslist, hands down! With Craigslist you can place photos and descriptions of your property for rent. You can easily and quickly create a classified on Craigslist for free. This great classified advertising resource also gets great exposure on Google and will further expose your rental ad across the Internet and world.
You don’t have to be Internet savvy to advertise your house for rent on Craigslist. The web site is user friendly and is incredibly easy to use. They eliminate all barriers to help you successfully advertise your home on the Internet.
Finding a House for Rent
Trying to find a house for rent can be very frustrating, to say the least. Most people complain that there just is not enough houses for rent to choose from. You might find the perfect house for rent, but it is not in the right area. Conversely, you may find houses for rent in areas, other than in your desired neighborhood. As a means to finding more houses for rent, you might want to consider a rent-to-own program. Generally there are more houses available for rent-to-own, then there are only for rent. No need to worry that you have now committed yourself to buying the house. Signing a rent-to-own contract simply means that if you want to buy the house at a later date, you have that option. But what if your credit is bad, or you have no credit? For most investors bad credit is not a big concern. Typically, they work with a loan officer who will help you repair your credit, often in 6 months or less.
The great thing about rent to own houses is that typically, you get a rent credit, which can be applied to the purchase price of the house. Often, as much as 20% per month for all on-time payments!Look at the following example:
You find a house for rent, on a rent-to-own program. The option to purchase price is 200,000. After 24 months this rent to own house appreciates in value by the industry average of 4% per year, making it worth 216,320. Now, let’s say your rent payment is $1,500 per month. At the end of two years you will have paid $36,000 in rent. But wait! You have a 20% rent credit of $7,200!
IF you choose to exercise your Option to Purchase, you can buy this $216K house for $192,800! The best part is, there will be NO REALTOR FEES! What bank would say no to a loan like that? So if you are trying to find a house for rent, you just might want to consider rent to own houses too.About the author: David L. Trosdahl has been the CEO of 3 regional sales & marketing companies and founder of a non-profit corporation. A real estate investor since 1991, David has bought and sold numerous residential properties, and has helped many people find a house for rent. David is a member of the real estate investors association: MNREIA, is founder of the real estate investing website: RentToOwn-MN.com and many others.
Free Classified Ad Posting of Your House For Rent is Easy With Craigslist
Craigslist is the original and most popular free classified ad posting site on the Internet, the United States, and the world. With the growth of the world wide web and the growing numbers of people with access to computers, the Internet has grown in size, popularity, and importance.
With this growth in the Internet and related technologies, such as Google search, has birth a whole new marketplace. The result is that renters who use the Internet now have more options and a lot more ways to find apartments and houses for rent.
Free classified ads online is much more than an average traditional newspaper classified ad. Craigslist and other free classifieds posting sites are providing a needed service for bringing together renters who are looking for a place to live and landlords with available rental property to lease.
Free classified advertising websites allow you to post your advert for free on the Internet. Craigslist is the largest of these sites and will expose your classified rental ad to billions of viewers each month. No other Internet classified ad site can make that claim. In fact, neither can newspapers, weeklies, magazines, or other print publications.
Craigslist offers free posting of your classified ad in numerous categories, cities, countries, and states. Better yet they offer an excellent user experience with no popup ads and an easy ad creation wizard.
As the oldest and most visited classified ad site on the Internet, they provide landlords and home owners with the best opportunity to reach prospective renters.
Classified advertising on Craigslist, when used effectively, can be one of the easiest, quickest, and inexpensive ways to increase rental leads and leases. Classified advertising targets renters predisposed to renting a particular apartment or house.
Craigslist is the number one free classified ad posting site on the Internet and it attracts millions of qualified renters to your rental ad.