In a competitive rental market, landlords are always looking for ways to reduce vacancies, attract reliable tenants, and get paid on time. This guide covers what matters most, and how Rently can help.
Understand the rental market
Before anything else, understand the forces shaping your local market: demand and supply trends, tenant preferences, competition, and typical rent levels. Positioning your property well starts with knowing where it fits.
Attract tenants by lowering their upfront costs
One of the biggest barriers for good tenants is the large upfront cost of moving in, especially the security deposit. Rently's Lower Move-in Costs helps here: Rently pays you, the landlord, the full security deposit upfront, while the tenant repays it in smaller monthly instalments. You get the deposit you expect, and your property becomes more attractive to tenants who might otherwise be priced out. Learn more at rently.sg/lower-move-in-costs.
Help tenants stay on top of rent
Rently also gives tenants flexible, rewarding ways to pay rent, earning miles when they pay by card or eGIRO (rently.sg/earn-rewards), and the option to delay a payment when money is tight (rently.sg/delay-rent). Tenants who can manage their cash flow are more likely to pay on time.
The bottom line
Rently is focused on the payment side of renting. For landlords, that means an easier way to attract tenants and keep rent flowing, without the upfront-cost barrier getting in the way.