Before you begin advertising your property and screening potential tenants, you need to make sure your rental home is ready for the market. Today we are sharing a few ideas that will help you get your property looking good and ready to attract the best tenants.
Cleaning and Curb Appeal
A clean house is absolutely critical when you’re getting your property ready for the market. You don’t want any personal belongings left behind from previous tenants and you need to hire professional cleaners who can really scrub every surface and floor. Great tenants will not be willing to move into a house that has dirt and debris all over it. Clean the carpets, polish the sinks and toilets and make sure everything shines invitingly. The home should also smell good when you host an open house or schedule a showing. Air the place out and make sure any pet odors from previous residents are removed.
The outside of the property is equally as important. Make sure the lawn is mowed, the bushes are trimmed and the flower beds are weeded. There should be ample outdoor lighting and a clean, clear path to the front door. Consider placing a pot of bright flowers near the front door. You only get one chance to make that very important first impression and when potential tenants drive or walk by, you want them to have a good reason to inquire about renting it.
Repairs and Upgrades
Everything in the house needs to be functional before you list it on the rental market. Check your appliances, change the batteries in the smoke detectors, replace the air filters and change any broken locks, windows or blinds. Run the faucets, flush the toilets and take care of any minor maintenance issues that need attention. The property must be move-in ready before you even advertise it.
Make upgrades that will attract tenants. You don’t necessarily need granite countertops and stainless steel appliances to find a good tenant, but a fresh coat of paint or updated carpet will make the place look new and welcoming. Take a look at what other rental homes in your neighborhood have for amenities. You want to be competitive, and knowing what else is available will help you determine what kind of work your property needs before you begin your marketing.
Proper Pricing
The last thing you need to do before putting your rental home on the market is to price it correctly. A price that’s too high is going to result in a longer vacancy. Tenants do their research and they’re going to know what they’re willing to pay for a rental. You don’t want to price it too low either, or you’ll lose money on your investment. Conduct a market analysis so you know what similar properties are renting for. A professional property manager can assist with this.
If you need any help getting your home ready for the rental market, please contact us at Action Properties. We would be happy to help you make the best first impression for your potential tenants.
