Renting out a property is an important decision, and it involves more than simply granting tenancy to the first interested party. Renting requires a lot of thought and consideration at each step of the process, and you need to have your property in a great state so that it attracts the best of potential tenants and optimises your rental income. Great photos are a necessity, as your property should catch a tenant’s eye when they’re scrolling through a number of listings online. Here are some tips on how you can get your property ready to be listed and rented out.
You can start the preparation by taking care of your property’s decor. Since your property will likely have multiple tenants over the tears, it’s best to go with a neutral, warm and simple tone for the decor to ensure that the property has mass appeal. At the same time, don’t make the decor too boring. The property should feel welcoming and like home. Pieces such as rugs can make a room feel cosy and add personality to a room.
Repairs and cleaning
No one wants to rent a property that looks dirty and damaged, so you should inspect your property thoroughly and note down everything that needs to be repaired. Keep an eye out for any leaks or broken electrical outlets. Ensure that the furniture is in good condition, the smoke alarms are working, the heating and cooling is effective, and all other fittings in the rooms and the kitchen are working. Don’t forget to check the plumbing too. You can also hire professionals like 888 Heating to sort out some of the repairs.
Cleaning is equally important. The property should not look old and dusty. Clean out any mold and grease. Ensure that the carpets are thoroughly cleaned and are not weathered. You can also hire professionals to do a deep clean of the property.
Upgrades are a great way to stand out from other rental properties. Modern appliances and fittings are a great plus point for tenants and can boost your property listing online. Modern appliances also have the added benefits of not consuming too much energy and not breaking down frequently. You can also consider equipping your property with smart features such as smart lights and fixtures and smart security system.
Preparing a property to rent is a long process as once the tasks listed are done, you also have to stage the property, list it on websites in a way that attracts tenants, give property inspection tours and scan multiple tenant applications to find the right one. It is important you go through each tenant application carefully as you don’t want to deal with someone who has no regard for the property and all the work you put into it. If this sounds overwhelming, you can consider hiring real estate agents who take care of the whole process for you.