Harrison Elderling
Many renters are drawn by a well-presented home.
They like to look inside a house based on their curb appeal. This is the view they see when driving, arriving for a tour, or viewing online pictures.
Focusing on the exterior design of the home and paying attention to the details will help you ensure that visitors want to come inside your house.
You don’t really need to do a major cleanup. All you need to take care of are the small important details that make it attractive.
If your rental is empty, use this moment to complete tasks. Check all the necessary stuff to be repaired. Like the smoke alarms, ensure all the electrical outlets and plumbing fixtures work and are safe. These are just a few things on how to properly manage a rental property.
After a long tenancy, the kitchen and bathrooms will really need some cleaning. Here are a few steps.
You have to focus looking for molds in these places:
You can scrub the mold with soap and water. But don’t try to scrub mold out of drywall. It might damage your wall paint.
It is actually important to change locks when a tenant moves out. You can start replacing existing locks on the entry door. You can also install keypunch locks that you can reprogram during turnovers.
Painting freshens up your rental property. Although you don’t have to repaint every time, it still can attract possible tenants. You can actually do this and reduce the cost if you do the painting yourself. You have to be aware that professional painting costs from $400 to $700 per room.
Don’t forget your lawn, garden, and entryway. You can do some makeover in those places too.
And these are the following:
A vacancy offers a golden opportunity to introduce a technician to tune-up a furnace and cooling system.
Take this time to check the seals in the compressor and blower. Start replacing the filters, and inspect for some other small problems that could turn into big ones. This is actually the best time to inspect the central air system of your rental property.
The floor is an integral part of the house. Any damage can turn off potential tenants. A floor restoration doesn’t involve sanding off the finish. You have to scuff up the finish with a floor buffer and apply a refresher coat. It can actually make a floor new again.
The amount of time and money you need to invest in getting a rental unit ready depends on the rental market and the unit's condition. You may not have to invest a lot of money or time in a neighborhood with rental shortages at all. In a competitive market, things are different but don't worry about making a small investment.
You will reduce downtime and future maintenance costs by working to attract renters. And you will recover your investment and keeping your books in no time.
Managing rental property is not that easy. But it is not that hard either. You can always start on the easiest part. And this article will teach you where to start.
