Sarasota Property Manager Offers Tips for Getting Your Home Rent Ready
These tips from Real Property Management of Sarasota & Manatee will help you to get your investment property in tip-top rental shape in no time at all!
Ensuring Curb Appeal
The first thing a prospective tenant sees when they drive up to your rental is the overall look and condition of the yard, driveway, and entrance. Simply ensuring that grass and shrubs are trimmed, driveways and walkways are swept, pressure-washed, and clear of debris and clutter, and any obvious signs of disrepair are taken care of will ensure a great first impression.
Clean, Clean, and Clean Some More
Continuing with the theme of great first impressions, now that the exterior is in tip-top shape it's time to get the inside ready for showings. No dirt allowed! Bathrooms, kitchens, and appliances must be scrubbed (ovens and refrigerators should sparkle). Carpets must be shampooed and fresh. Walls and ceilings should be cleaned, or freshly painted. Nothing drives away prospective tenants (or has more of an effect on the amount of rent you can charge) than the cleanliness of your rental.
Insurance Coverage
It is imperative that you notify your insurance provider that you will be using the property as a rental -- failure do do so could void your coverage, which would itself be a disaster were there to be a fire, or other catastrophic damage to the property. Check with your insurance provider to ensure adequate coverage.
Pricing
Once the property shows great inside and out, and your insurance coverage is in place, it's time for you to price the property for rent. In this day and age where the internet allows prospective tenants instant access to rental market data and competing available properties for rent, it is more important than ever to price your rental correctly from the start. Avoid the temptation to price high with the intention of negotiating later -- price it correctly from the start and get it rented fast! Every day your property remains vacant is another day of lost revenue and profits.
Congratulations!
Now that you've followed our advice in getting your rental property ready for the market, you can enjoy maximum revenue and profits from your investment. Congratulations!
Real Property Management of Sarasota & Manatee is the local affiliate office of the greater company, Real Property Management. Real Property Management is the largest residential property manager in the world having 250+ offices in the U.S. and Canada, and over 60,000 units under management. Real Property Management of Sarasota & Manatee works with the owners of condominium units, single family homes, duplex/multiplex units, and apartment complexes in: Sarasota, Bradenton, Venice, Lakewood Ranch, Siesta Key, Longboat Key, Osprey, Nokomis, Parrish, Ellenton, North Port, Englewood, Palmetto, FL. Call us at 941-225-8183
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