How to Make Your Rental Property Stand Out
Are your current tenants moving out, causing you to become concerned about how fast you can rent your property to another tenant? While having an empty unit for a month or two may not cause you any significant financial hardship, having a property unoccupied for months may cause you to deplete your savings. The good news is that there are things you can do to make your property more appealing to potential renters, like performing rental property upgrades and taking care of small and large maintenance problems.
1. Consider Rental Property Upgrades Between Tenants
To give your rental property in Tucson the best chance of being leased quickly, start thinking like an apartment complex landlord. When an apartment is vacated, landlords don’t simply list the unit as available. They walk through the unit, make notes of anything that is heavily damaged, and perform certain upgrades. Upgrades typically include painting the walls and changing out all the carpet, but it doesn’t have to stop there. You can perform appliance upgrades, including replacing the dishwasher, washer, and dryer. If the refrigerator is more than ten years old, you may also want to replace it. If you have limescale on faucets and showerheads due to hard water, consider replacing those, and you can’t go wrong by replacing all the toilet seats.
2. Perform Basic Repairs and Maintenance
In addition to performing certain upgrades, make sure everything is in good repair. If the roof is more than 20 years old, it may be time for a replacement. Not to mention, a new roof increases curb appeal and gives you a selling point when talking to new prospective tenants. If anything is broken, replace or repair it. This includes any squeaky interior or exterior doors and damaged kitchen cabinets and drawers. Make sure all the electrical outlets and switches work and that all light fixtures have new energy-efficient light bulbs.
3. Arrive Early for Home Rental Tucson Showings
Make sure to arrive early for every home inspection. At Bancroft & Associates, we recommend arriving at least 20 minutes prior to the prospective tenant’s arrival. This will give you enough time to vacuum the carpets, wipe down kitchen and bathroom counters, and open the curtains to allow natural light into the spaces. You can also light a lightly scented candle to add atmosphere. When it comes to the outside of the home, make sure all twigs and sticks are picked up from the front yard and remember to sweep the porch. By doing these things, you will help ensure that your rental property shows in its best light.
4. Consider Adding Home Security
To provide additional value and safety, consider adding home security. This can include motion-detecting sensors and interior and exterior cameras. Home security is a selling point that can make your property more distinct when compared against the other Tucson homes for rent.
Property Management in Tucson with Bancroft & Associates
Our property management team at Bancroft & Associates in Tucson can help you keep your property rented and ensure all the general maintenance and upgrades are performed. We can even handle your administrative tasks, like collecting rent, speaking with tenants about issues, and getting your property ready to rent after your current tenants move out.
To learn more about how we can help you with your Tucson homes for rent, give us a call at 520-881-4884.