Owning Vs Renting

by Administrator 27. October 2017 10:20

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Amenities Tenants Want In Rental Homes

by Administrator 24. October 2017 10:55

When tenants begin searching for rental homes, there are certain features that are on top of their priority list. Therefore, it is important for the landlords to know about the amenities most of the tenants look for. You can add these features to your rental unit so that it stands out from the rest of the properties. This will also increase your chances of getting a tenant faster.

Some of the amenities tenants want in rental homes are mentioned below:

  • Location: The most important feature in any property is the location as this is the first major attraction for tenants. You can command a higher rent if you have your property in a favorable location. Therefore, always try to buy a property that is close to shopping centers, grocery stores, schools, parks and has transportation readily available at most times. You can also conduct desirable renovation work in your property so that more tenants are attracted to it.
  • Functionality: Every tenant desires a rental home that is clean and has everything in excellent working condition. So, it is imperative to have a thorough home inspection done before the tenant moves in. Check all the appliances and any electrical or plumbing issues to resolve them beforehand so that tenants do not have to schedule additional visits for repair work.
  • Parking: Another important feature that tenants want in a rental unit is adequate parking space. If you have a garage for parking, there is a higher probability of getting more probable tenants. Covered parking is essential in areas where it rains excessively or harsh winter conditions prevail for most part of the year.
  • Upgradation: Tenants are likely to get attracted to a property that has all the recent upgrades. For instance, tenants will get impressed if a rental home has the latest energy-efficient appliances installed in it. Apart from this, beautiful hardwood flooring will leave a long-lasting impression on the tenants who will come to view your property. Upgrade your bathroom sinks and fixtures as well for added advantage.
  • Laundry: A washer or a dryer in the rental unit or apartment building is a huge plus point that attracts a lot of tenants. Since the tenants get the ease of washing their laundry in the rental unit itself, they are even ready to pay more for this feature. So, as a landlord, you must try and include this amenity in your rental property.
  • Storage Space: Closet or storage space is another essential amenity that is a priority for the tenants. It is used for keeping clothes, toys or other daily use items in a secure manner. In case your rental unit does not have enough built-in storage, it is best to have an additional closet. If possible, you can even give your tenant the option to store his belongings in the basement or garage.


Signs That You Need A Property Manager

by Administrator 17. October 2017 11:59

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