Do you plan to rent your apartment out? ‘Flat for rent’ board not helping? Are you having difficulty finding a tenant to rent your apartment? These tips can help you find more tenants enquiring for your property. There are many things that you can do as a property owner to make your home more appealing to potential tenants.
Online presence
Most people use the internet to search for a rental property. The first thing you need to do is list your home on the most popular rental sites. Your apartment can be advertised on portals such as 99acres, MagicBricks and Housing.com. You should include a brief description of the property and attractive photographs. Ask a friend or professional photographer to take photos of your home. Also, it is important to include details such as the rental price and the number of bedrooms and bathrooms. Most people want to know this information in advance.
Decorate it
If you’re renting your home, don’t let this stop you from decorating it. It is worthwhile to spend some time and money decorating the interiors, even if you don’t plan to live there. Tenants will see hundreds of property listings each day. Your home must be inviting and beautiful to attract their attention. You can make your home fully furnished by adding quality furniture and appliances to it. As furnished apartments offer tenants more convenience, they are in high demand. A fresh coat of paint can make your home look brand new and can also make a big difference.
Clearly showcase the features
Highlighting the unique aspects of your home is a great way to attract tenants’ attention. You can highlight the unique features of your home, such as its proximity to social infrastructure. You can also mention other features such as the quality of materials, interior finishing, maintenance, nearby attractions, and in-house amenities. Your rental listing should contain clear and precise information about each apartment feature. You can get more inquiries if you include more information to your listing.
Fair Price
It can be difficult to determine a fair rental price. You want to make good returns on your investment, but you also need to ensure that the property isn’t too expensive. It is important to study the market trends in your area and determine the right rental price for your property. You can check similar rental rates in your area using tools such as Rentometer and other property portals. Once you have an idea of the current rental rates, take down your monthly expenses, including maintenance fees, loan EMI, tax, and utility charges. Then, compare that with the rental income. The result will help you decide the rental price.
Maintenance does matter
People who are looking to rent a house will be more inclined to love a neat and well-maintained home. People will inspect every aspect of your home and look for any flaws when they visit it. When renting your home, maintenance should not be considered trivial. Each homeowner must take responsibility for maintaining their home. It doesn’t matter if you need to repair structural defects or do routine maintenance, such as cleaning up after a storm. Routine maintenance is important to ensure that your property stays in good condition for many years. Consider appointing a property manager or caretaker to manage the maintenance activities while you’re away.
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