As a landlord, you already know that every day your rental property sits empty, the more money you lose. The thing is, though, that there are many different and simple improvements you can make to the property to make it more appealing to potential tenants. From keeping organized records to always being available, keeping your tenants once they move in is different than attracting them to begin with. That’s why in this blog, you’ll find a few tips to make your rental property more appealing to potential renters.
Hire Someone to Manage the Property
A lot of the time, maintenance can fall by the wayside because you’re busy. Then, before you know it, your paint is peeling, the place is overrun with weeds and pests, and you’re too overwhelmed to make it even look good, much less rentable.
The best thing to do in this case is to hire a company that specializes in rental property management in San Antonio (or whatever city you live in) to help you out with getting the property ready to rent and keeping it in good condition once it’s rented.
The kitchen is one of the first places anyone looks when touring a rental property. Affordable updates to your rental kitchen include dishwashers, freshly painted cabinets, new fixtures such as knobs on doors, and faucets, and up-to-date appliances that are energy efficient. You can go a lot further with designing your kitchen to appeal to renters as well, but that is up to you and your budget.
It helps if you look at your rental property the way you’d look at the local bed and breakfast. The first thing you want is for the bathroom to be fully functional, spacious if possible, and very, very clean. You should make the bathroom appealing by letting in as much natural light as possible and adding the following things for the tenants’ use:
- Additional lighting
- Upgrading fixtures and faucets
- Replacing the toilet
Again, there are many design upgrades you can make to your bathroom, and you should choose them according to the budget you’re working with. However, remember, the better the home is, the easier it will be to rent to quality tenants.
Paint Inside and Out
One of the easiest and cheapest ways to improve your rental property is by painting it inside and out. Nothing freshens up a property like a fresh coat of paint. Make sure to try and stick with neutral colors, as every person has a different personality, style, and how future tenants want to decorate might clash with more colorful paint.
Enhance Your Curb Appeal
Everyone knows that curb appeal is key if you want to be able to rent a property quickly. If a tenant pulls up to the property and the yard is overgrown, trash is everywhere, and the screen door is peeling and falling off the hinges, it’s a pretty safe bet that they aren’t even going to want to see the inside of the property. If you clean up around your property and take pride in the place, your tenants will as well.
Make It Secure
If the street lights are out in front of your property and there is no reliable security system, then you might have a hard time renting it out. Tenants want to be able to go to sleep at night secure in the knowledge that they and their families are safe. Beefing up your security is key if you want to rent quickly and keep your property occupied.
These are just a few adjustments you can make to make your property more appealing to renters. From making it secure to kitchen and bathroom improvements, if you want to rent a property you have to put in the work to make it happen.