Renters must go to great lengths to make their way into a new rental property. So it stands to reason that going the extra mile to ensure you’re getting the best tenants is going to be worth your while. When prospective renters find a space to be immaculate, they should get the message that they will be expected to do their part to keep the property in great condition. As a Tucson Property Manager, there are things you know you need to do. But there are also new tenant prep options that are effective, will make your Tucson Rental Home look fantastic, and offer top-notch ROI.
4 ROI-Optimized Tips to Make Tucson Rental Properties Ready for New Tenants
Building passive income is a proven way to grow your wealth, and renting a home or apartment is a great way to do it. But you owe to your tenants and to yourself to offer quality accommodations to your renters. Here are four simple and effective ways to attract the best renters.
Schedule Proper Maintenance
Even if you are diligent about caring for your properties, between renters is the best time to find and address any significant problems that may be developing or have developed. You should inspect the roof for leaks. Check the electrical system for potential faults. Have the HVAC system checked, serviced, and repaired if necessary. Make sure the plumbing and septic are in good condition, and so on. This may be the biggest part of your new renter prep checklist, but it’s easily the most important. Marking all these kinds of potential major issues off your list ahead of time will raise the value of the property and help ensure no expensive surprises come your way.
Change Locks & Passwords
If you have had prior tenants, you probably trust them. Even so, keys can get lost and duplicated. Passwords can be discovered by unsavory characters, and locks can degrade with time and use. So it’s a good idea to put fresh locks on all the windows, doors, and locking gates. Reset all of the security codes for coded-entry points and security systems. A new set of locks is a hardware touchpoint that makes an impression and can make the property seem fresh, even if it’s a subconscious effect.
A Fresh Coat of Paint
You may not be obligated to put on a fresh coat of paint, but it’s definitely worth your while. It is perhaps the most ROI-Optimized way to ensure that you’ll get the asking price for your Tucson Rental Home. But on top of that, it’s also an important maintenance task that keeps drywall well sealed against moisture, mold, bacteria, and pests.
Create a Photographic Record
Finally, a photographic record of the property after you’ve freshened it up is your best insurance policy against the expected, and excessive, damage tenants may do during their stay. They don’t have to know you have it, but you certainly should have it.
For more property management tips, get in touch with Bancroft & Associates. We’re a leading, trusted Tucson Property Management company. Our team is eager to help.
