As a single-family Rolesville rental property owner, you would be interested in satisfying the needs of your renters. Once you know what the renters want, you can start to improve your property so that it will be attractive to higher-paying renters. Although meeting every specific need for all renter demographics may be daunting, we can focus on the basic needs every tenant will have for their rental homes. The following is a list of “must-haves”. See if your Rolesville rental property has these.
1. Location
You can’t do anything about this but one of the top criteria for renters is the right location. This may mean proximity to parks, public transit, and shopping centers for single-family rental homes. On top of that, a safe and attractive neighborhood.
2. Safety
Tenants must have a sense of security and comfort in their rental homes. While some aspects of safety are dependent on the location of your property, there are ways you can enhance your property’s security features. Good quality exterior doors, sturdy locks, and an alarm system all help in bringing tenant anxiety down.
3. Convenient Payment Options
Along with safety, tenants also want to pay their rent easily and conveniently each month. Renters favor landlords who give them an option of secure online payment. With this method, the tenant can pay without hassle so the landlord can most likely receive the rent on time and in full.
4. Move-in Ready Condition
Property owners should only allow renters to have a look at their property after it is being cleaned and repaired. Since, more often than not, renters prefer rental homes that are move-in ready. This is why property maintenance and repairs should have been ticked off the list even before renters have the chance to see the property. Your chances of renting to a new tenant will greatly increase.
5. Appliances
If your Rolesville rental home doesn’t already include appliances, make sure to make it available now. Appliances are a big draw for many renters as they no longer have to go through the trouble of shopping for them. Just the same for old appliances – don’t expect tenants to just wing it out with a run-down stove or dishwasher. By investing in good quality, value for money appliances you increase the chances of drawing tenants to your rental house.
6. Upgrades
Your rental house must have updates and stay “current”. While you should regularly update countertops, appliances, faucets, and light fixtures, modern renters are also interested in newer, tech-friendly upgrades. Smart thermostats, video doorbells, and plentiful USB outlets are popular features many renters are looking for.
7. Outdoor Space
Modern renters want to have fun and they need space for gatherings. But if your Rolesville rental does not allow this, you can still make it attractive to your renters by creating an outdoor gathering space. One way of achieving this is to add a patio or deck, this will attract great renters for sure.
8. Flexible Lease Options
Sometimes, life may not turn out as planned and this is true for tenants as well. Property owners would rather have long-term leases, but this might not turn out well for renters. You can fix this by giving your would-be tenants a choice of lease lengths. This way, you attract a wider range of tenants that could honor the lease and not just break it after a few months.
9. A Responsive Landlord
What renters immensely appreciate in a rental property is a responsive, professional landlord. Successful rental property management is built on the landlord-tenant relationship, making it all the more important to ensure that you communicate regularly and often with your tenant and respond promptly to repair requests.
But, property management takes a lot of commitment. Why not consider entrusting your Rolesville property management to the experts at Real Property Management Raleigh? We can help you maximize the appeal of your rental property while also managing tenant relations so we can free up some time from your busy schedule. Contact us online or give us a call at 919-481-0008.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
