3 Vital Features Every Unfurnished Rental Property Should Have AlreadyReturn to Blog
The rental market is very competitive, but fortunately, there are a few things you should do to give your property the edge! Aside from the glaring essentials such as gas, electricity, and hot water, as a property owner, it is prudent to make sure that the property has proper flooring, solid quality blinds, and reliable appliances.
Not only will this help you to draw in more potential tenants, but it will also allow you to increase the monthly yield. The initial investment will be worth it.
Investing in decent flooring for your property is essential, as bad flooring or old carpets can be a real turn-off for potential tenants. Having proper flooring will not only look great for the tenants, but it will also be more durable than cheaper options — so you will save money in the long run.
Make sure that flooring is low-maintenance. Preferably hardwood flooring throughout the main downstairs living areas. Due to its durability, and will not easily be stained. Maybe consider an appealing dark grey or dark beige carpet on the stairs and in the bedrooms. Although this might be costly upfront, it is an investment worth making, especially as quality hardwood flooring can last between 25 and 30 years!
Solid Quality Blinds
Although you are not obliged to put blinds into your rental property, it will be a feature that makes it much easier to find tenants. Not only will it be appealing, but if you forget to fit the blinds, tenants may attempt to do it themselves and cause damage.
Your best option is investing in custom blinds that have been fitted by a professional. That will keep the property looking neat and will prevent any unnecessary damage. Go for wooden blinds, as this will look seamless with the flooring. You want to make sure that anything that is in the flat matches nicely.
Finally, you should invest in reliable appliances for your tenants. Although this may require an upfront investment, your best option is to spend more to buy quality appliances with a warranty. Buying the cheapest appliances possible will probably result in you spending a lot of time trying to rectify any problems. That may discourage tenants from staying if they are unable to rely on the quality of your property.
Invest in a reliable fridge, freezer, and washing machine at a minimum. To attract more tenants, a dishwasher, tumble dryer, and microwave would be great additions. Again, make sure they match, are clean, and go with the style of the room.
These three features will help you to save time and money in the long run. It will also help you to attract more potential tenants and increase the value. If you would like to hire an entire team to manage your property for you, contact Advent Properties, Inc. today! You can give us a call at the phone number below or schedule a phone call in the future with Darryl Glass.
This article originally appeared on the Realty Times website.