If you have made the smart move to become a landlord or rental property investor, you know it takes work to maintain your properties. It also involves time and attention to detail to ensure what you are offering the public stands above the rest. Consider the following tips as your guide to making your properties inviting for renters now and for years to come.
Remodel Your Rental Properties
If your rental properties are old or outdated, it is time to bring them into this century with rental property remodeling options that allow your units to invite good tenants through their doors.
Part of the remodeling process may include landscaping. There are many ways you can update the curb appeal of your properties. Anything from installing turf to reseeding the lawn will help enhance the look you are going for. Consider adding plants and trees that are easy to care for. Make it even easier for everyone by installing a sprinkler system.
Your rental properties must adhere to the current safety standards that are required of you by law. This is essential not only to protect lives but to protect your investment. Making these updates should always be included as part of your remodeling plan.
Provide Consistent Customer Service
Consistently providing excellent customer service is a valuable relationship-building tool. There will always be another apartment or home to rent for your tenants. Beyond the amazing properties you offer them, you need to give them more through customer service.
Your renters are bound by a contract and so are you. When they have a problem, you want them to come to you to rectify it instead of taking a DIY approach that could lead to property damage or greater problems down the road. When you show renters you are receptive to their problems and willing to attend to them promptly, they will trust your relationship. In turn, they are more likely to respect the property and take better care of it.
Watch this video to learn more about the importance of good customer service.
Add Amenities of Value
The market for rental properties will always ebb and flow with outside factors such as politics, the economy, and demand for apartments or homes. You can make your rental properties unique, distinctive, and set them above the rest by adding amenities that renters want.
As part of the renovation process, consider incorporating the following amenities into your rental properties:
- Smart home features
- Ceiling lights and fans
- Extra parking, covered parking, and garages
- Swimming Pools in homes and apartment complexes
- Conveniently located and accessible trash and recycling receptacles
- Security systems and monitoring
All of these features and amenities may be outside of the norm for rental properties, even so, that is what will set your brand apart from the rest.
Go ahead and use these ideas on your next rental property renovation or refresh. Potential renters will quickly become contracted renters after they see what amazing changes and enhancements you have made to the property. They will like it so much that they may never leave – which is a good thing for your bottom line.
I live in a small Georgia town that you most likely have never heard of and I LOVE it! My house is more than full as I am a single mother of four & caregiver to my aging mother and uncle. Lover of all things Outlander. Goes to the beat of her own drum woman.
heather says
Great tips for rental properties thanks for sharing I will keep these in mind for the future.
Rita Wray says
Great information, thank you.
Adriane says
I dealt with renters once – never again
Elizabeth says
You never know when you’ll need this information…
Dreaa Drake says
I needed this info thank you for sharing!