When it comes to owning rental property, there are steps that landlords should take to ensure tenants are happy and content. By offering perks to tenants, property owners can ensure that the individuals living in their rentals are going to stay for years to come. Having consistent tenants means that your property stays occupied, and you continue to make money. So, what perks should you consider? What steps do you need to take to keep your tenants? Below are a few top examples to consider.
A Maintained Property
One perk to provide your tenants is a well-maintained home. You want to ensure the interior and exterior of the property is taken care of and remains up to date and functional. With property management software, you can easily keep up with which property needs lawn maintenance, HVAC service, etc. With a proper schedule, you can ensure your tenants are happy with their home because everything is working as it should be and there are no issues.
If you can supply parking to your tenants, do so. In a city apartment, parking can be hard to come by and this is a perk that tenants will pay for. In a city setting, try to find an option for parking to provide this major perk to tenants. In a suburb, like with a residential home rental, try to offer a garage and play up this feature. This will give tenants a parking option to shield their vehicle from the elements, which is always a plus!
It is also important to consider amenities you will be offering your tenants. Sometimes, amenities are a deciding factor when it comes to a tenant choosing your rental property. One option for amenities is to offer a washer and dryer within the rental. Having your own washer and dryer is a big plus and can easily see tenants want to rent your property. Think about the type of property you have and what amenities you can offer that will help your rental stand out from the competition.
Tenants also want to have furry friends, so having flexible pet rules can help you hold on to tenants. Pet policies will vary from rental to rental, but most tenants are the same. They want their pets to live with them and not have to pay outrageous prices to do so. Think about how you can cater to pet lovers and what you can provide to ensure tenants have their pets and want to stay in your rental property.
These are just a few options to consider. Think about the area of your rental and how you can make changes to see your rental be more appealing to tenants. By making small changes and focusing on the positives, you can ensure your rental is occupied on a consistent basis.