Home Staging Tips for Rental Properties
Renting out your property might seem intimidating. You want to make sure you find renters who will take care of your property and be responsible and respectful of your items and space. Finding these renters is one of the most important parts about what you do as a property owner and you should be working hard to bring these people to your home. If you’ve been wondering how to attract the best possible people to your rental home, here are a few tips for home staging and renting.
Screen your applicants
The best way to make sure you have the right people in your rental property is to screen your applicants. Ideally, you will already know what type of person is looking for properties in your area. If you are renting a condo in a college town, you’ll probably want to target students whereas if you have a suburban home, you’ll likely be targeting families. With the right rental application, you’ll be able to find out your applicants’ contact information, housing history, references, income sources, and more. This means you’ll be able to discover who might be a good fit for your home before you even meet them. Such resources are typically free-to-use and can be completed online, providing you and your potential tenant with a convenient screening process that is simple-yet-functional.
Knowing more about your applicants will help you feel a peace of mind when you decide to move forward with the rental process.
Decorate the units
You might have the best possible candidates complete your rental application, but you also need to make sure they actually want to live in your rental property. The best way to attract potential renters is by making sure your property is looking fantastic. You might be worried about extra cost to you to stage each unit, but there are a few simple things you can do that won’t be a huge extra cost. Canvas photo prints are an excellent way to make the walls of your unit more attractive to the eye and are very cost-effective. In addition, you can reuse these prints to stage other units in your building.
Make sure you take the time to have each unit cleaned between tenants. Potential renters want to see a clean and well-maintained space, so having a professional take care of the cleaning between occupants will help renters feel like they’re entering a fresh, attractive unit. Excellent lighting and curtains will make a space feel homey and lived-in, and offering to keep these extras in your apartment or home for renters to use will help them feel like you truly value their comfort.
Landscape the outside
The outside of your rental property is the first thing your potential new tenants will see, so it’s important that it’s attractive and well-maintained. You may want to hire a professional landscaper for your property, or a property manager who can also maintain the lawn on a more regular basis. The best thing you can do as the owner is to make sure that your property has a simple and easy-to-maintain landscape.
You don’t need to plant hundreds of flower beds or buy a giant sculpture for the front yard, but you might want to buy a flower bed or two to give a pop of color to your lawn. You will also, of course, want to make sure the grass is continuously mowed and that weeds are promptly removed. Keeping an immaculate front yard will signal to your potential renters that you care about this property and the people who occupy it.
Your first priority as a property owner should be to find and keep the best possible tenants. With these tips, you’ll be able to locate and keep renters who want to invest their time and energy into your property. With the right tenants, your property and your business will thrive.