A vacancy is expensive for a landlord, so your goal is to rent out your property quickly to a great tenant. Today, we’re talking about how you can get your property ready for the rental market. There are a few key things you need to think about before you even start advertising your rental home.
Property Management Albuquerque: Curb Appeal
First impressions are important, especially in real estate. Your home’s curb appeal needs to be great. When people drive up to the property, the first thing they will see is the front of your house, apartment, or townhome. You want to have it looking clean and inviting. Trim the bushes, remove any debris or branches, and clean the cobwebs and dust away from the front door.
Property Management Albuquerque: Cleanliness
Inside the property, everything needs to look and smell clean. If you imagine yourself looking for your own place to live, you don’t want to move into a home that isn’t clean. Don’t leave the floors dirty or the countertops sticky. Make sure everything shines. Get all the painting done as well. This will contribute to the clean, fresh look and feel. Remember that neutral colors are best. A lot of tenants don’t like different colors on the walls because they have their own furniture and belongings that they’re trying to match.
Property Management Albuquerque: Maintenance and Pricing
Make sure all repairs are done inside the property before you begin showing it to potential renters. Tenants moving in with repairs still needing to be done will be disruptive. Finally, make sure the price is competitive. If you over-price your home, it will be on the market longer. A high vacancy rate will cause you to lose money, so work with your property manager to ensure you have the best comparables available. You want to price the property correctly for the neighborhood and the amenities.
These are a few things to think about when you’re trying to rent your home out quickly. If you have any questions about Albuquerque property management, please don’t hesitate to contact us at Land of Enchantment Realty and Property Management.
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