The rental market is hot. Whether you’re renting your home or investing in property, you want to showcase the space so that you can attract the highest quality renters and continue to grow your cash flow. With so many qualities, it can be hard to stand out and make your space look desirable.
However, there are many things you can do to attract renters and help your property really shine.
1. Clean and uncluttered
Start by vacuuming and mopping – or hire someone else to do it. A clean and tidy location will help your rental property stand out to potential renters. They need to be able to imagine living there comfortably and at ease.
2. Pay Attention to the Small Details
From fixtures and appliances to lighting and flooring, it comes to making a good impression on every aspect of your rental property. Consider upgrading or replacing old or broken items, such as faucets, light fixtures, countertops, cabinets and appliances. Natural light can make any space more open and inviting, so consider ways to maximize the amount of light coming in. Additionally, a fresh coat of paint in bright, neutral colors will also help keep your property looking cleaner and more modern.
3. Invest in Quality Furniture and Decor
High-end furnishings and finishes are often a selling point for renters, so consider investing in pieces that will elevate the look and feel of your property and also give it a personal touch. From hardwood floors to granite countertops, luxurious finishes can help make your rental property feel like a truly upscale find.
Photo Credit: jinkazmah/Flickr 4. Take a look at the space
If you’re listing your rental on sites like Airbnb or VRBO, consider hiring a professional stylist to create an attractive living area. An expert can help you choose furniture, decor and artwork that best suits your style, as well as making sure it’s clean, inviting and well designed. It is also important to have a solid marketing strategy. This means customizing your listing with high-quality photos and detailed descriptions, as well as working with a professional real estate agent who can help you tell potential tenants in the area about your rental property. .
5. Decorate the Exterior
Curb appeal can have a huge impact on your property. Plant some colorful flowers in planters around the building, and invest in some tasteful pieces of outdoor furniture that will entice people to come inside. A well-maintained lawn and lush garden beds can make a property feel inviting and welcoming, helping renters at ease.
6. Advertise Online
One of the best ways to reach a wide audience of potential renters is to advertise your property online. Create an engaging list with lots of photos and detailed information, and be sure to include important details like price, location, and features in your post. If your rental property includes access to amenities such as a swimming pool, gym or clubhouse, be sure to sport them, and emphasize that your rental property is located in a safe and secure neighborhood.
Photo Credit: Pixabay 7. Efficient Layout and Design
Consider carefully how you want to use the space within each room, as well as how the different rooms flow into each other to create a truly functional layout that makes sense for different types of renters. No renter wants to be in a cramped space to stow their belongings or store their extras, so consider storage locations as well.
8. Smart technology
In today’s world, renters are on the lookout for properties that offer modern amenities and state-of-the-art amenities for both safety and comfort. Consider installing smart thermostats, security systems, high-speed Internet access and visitor tracking software to make it easier for tenants and employees to access your property.
9. Green Features
Consider adding some green features to your rental property to make it more attractive to environmentally conscious renters. Simple changes like installing energy-efficient light bulbs or solar panels can go a long way in making your property more sustainable.
With smart marketing strategies and careful design decisions, you will be able to differentiate yourself from other renters in your area and attract high quality tenants who are willing to pay a premium for your space.