How can I make my property more attractive for renters?

On Behalf of | Apr 16, 2021 | residential real estate | 0 comments

If you are a landlord in search of new tenants, it is likely that your list of desirable characteristics for tenants is similar to that of other landlords. That is, you want responsible people who pay rent on time and take care of your investment. Of course, because all landlords are seeking this tenant, you have stiff competition when it comes to attracting him or her.

Fortunately, there are some relatively easy swaps you can make between tenants to make your property look more appealing. The first is to pay attention to small details in your property, and the second is to put most of your effort into the bathroom and kitchen.

What details should I be looking at?

Of course, if you have the time and inclination to renovate the bathrooms entirely, this will certainly catch favorable attention from prospective tenants. However, it is unlikely that you have the time and focused for this every single time an old tenant moves out. This is why focusing on smaller details can have a lot of payoff.

For example, swapping out the light switch plate covers can make a property look surprisingly updated for very little cost or effort. Replacing light fixtures can also provide a huge change for not a lot of labor. In the same vein, a Fresh coat of paint does a lot.

The benefits of the bathroom and kitchen

It is true that renovating these spaces can take up a lot of time and energy. However, you can also get a lot of impact by making smaller changes. For instance, replacing a microwave can help your kitchen appear more updated. You may also want to consider installing new floating flooring, replacing the light fixtures and engaging in some creative staging.