If you are a property owner, you know that it is not uncommon for your rental property to go vacant. This is because many renters are looking for homes with specific features and amenities. If you want to get more renters to your rental property, here are 5 ways that will help.
1. Build a Garage
A garage is an attractive feature for many renters. If you do not have a garage on your property, consider building one. You can build a steel garage or buy one from Sojag for serious protection or a wood garage for more aesthetic appeal. The steel garage is a cost-effective alternative to a carport and will do a great job of protecting your tenant’s cars from the elements.
2. Offer Furnished Units
Many renters are looking for furnished units. If your rental property is not already furnished, consider offering to supply furniture. This will help save renters the hassle of having to haul beds and dressers up three flights of steps or potentially take them apart when moving out again. In addition, it is an excellent option for renters who are relocating from out of town and need a place to stay while they look for their next home.
If you do not want furniture in your rental unit, consider offering appliances that come with the property. This is especially attractive if you have stainless steel appliances because many renters like this upgrade even more than granite countertops.
3. Install a Security System
Many renters want the peace of mind that comes with having their security system in place. If your rental property does not have any security system, consider installing one for your renter’s benefit.
4. Improve the Aesthetics of Your Rental Property
If you want to make your rental property more appealing, one way is by improving its aesthetics. You can achieve this through several ways, including landscaping and painting. Many people do not think about landscaping their rental properties until they have been renting them out for some time.
However, landscaping is a great way to improve the aesthetic appeal of your rental property and can also add curb appeal that will help renters want to move into it even more than they already do.
In addition, consider painting your rental unit’s exterior or porch railings. Painting these areas can give your rental property more of an updated look without requiring you to spend a lot of money on renovations.
5. Kitchen and Bathrooms
Only a few changes are needed to make kitchens and bathrooms more appealing. One way is by installing new cabinet knobs or pulls, painting cabinets, and adding granite countertops to the kitchen.
Adding these features can significantly improve the look of your rental property’s kitchen and bathroom without requiring you to spend a lot of money on renovations.
Bathrooms require counters and storage space for toiletries. Installing a wall mirror and cabinet space for toiletries can make bathrooms more visually pleasing to renters.
Property owners can utilize several ways to make their rental property appealing to renters. If done correctly, these changes can increase the number of renters living in their rental property and improve their overall experience while they live there.