As a landlord, you want your property to always be in top condition. That’s why you put so much effort into choosing responsible tenants, and why you insist on a security deposit. But sometimes a property in good condition is not enough to turn the heads of prospective tenants. If you want outstanding tenants, you’ve got to show them your property is worth renting.
Top dollar tenants might be looking for something more than functional. Many people today want their home to be functional, stylish, and unique – which is part of the reason why custom built homes are so popular today.
But you don’t need to start from scratch to make your rental property more appealing to tenants. There are simple changes you can make to ensure that your property has a lot of appeal. With some thoughtful touches, you can have tenants ready to sign in no time.
First impressions count
Making the outside of your property visually stunning will instantly up the appeal and have tenants excited to see the rest. The exterior of the house will have to be in top condition. Any front yard should be neat and tidy, but you can add extra appeal by planting beautiful flowers or adding tasteful ornaments. If there’s a porch, think about painting it in a complementary color. You could even add a swing seat or some cosy outdoor furniture to make the house seem like a home. Get people imagining themselves enjoying living there before they even set foot through the door.
Get the ideal furniture
Furniture changes the entire space. If you’re renting the property out furnished, it’s vital that the furniture reflects the quality of the home. Whether it’s antique or brand new, you want the furniture to be the perfect fit for the space and to reflect the overall style of the home. It’s often immediately obvious if an old sofa or chest of drawers has been transplanted from property to property. Think about the style but also the utility of the furniture. Wood is stylish, but can also scratch or stain easily, so might not be the best investment long term. On the other hand, leather sofas often look better with age, and are easier to clean than fabric ones. Neutral colors are always best as they will have the widest appeal, and the same goes for walls and curtains.
It goes without saying that light fixtures and hardware should be in perfect condition. But sometimes it’s the little details that make all the difference. You can think about updating the hardware around the house to freshen it up stylistically, too. Adding bespoke door handles, antique light switches, or artisanal cabinet pulls can give a luxurious or quirky feel, depending on the style you go for. Again, these small features can add a unique charm and make the property seem more homely. Just be careful to keep it subtle and tasteful, don’t be too bold or you risk putting off certain tenants. If in doubt, go neutral and new.
About the author
Matt Angerer is the Founder and President of VerticalRent. He enjoys writing on a variety of topics that help Landlords, Property Managers, and Renters across America. He is particularly interested in helping renters understand their local marketplace, pick the best places to live, and find an awesome roommate. Since 2011, VerticalRent has grown to service over 100,000 landlords and renters across America.