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Phoebe Williams

Make Rental Property More Rentable

5 Ways to Make Rental Property More Rentable

By | Renting | No Comments

Make Rental Property More RentableHow can you make your rental property more rentable? For most property owners, the top priority is the bottom line. And that is important. Certainly, you are in business to make money. But a small shift in priorities can make your rental property more attractive to renters and increase your bottom line at the same time. Here are five tips to get you on the right track:

#1: Be Visible

From the very beginning of the rental process, let your tenants know who you are. Be available when they need to talk to you and be prompt in taking care of your responsibilities. Happy tenants stay longer and take better care of their rental. Every landlord knows that frequent turnover and vacancies take a serious bite out of profits.

#2: Offer Additional Services

You can charge a bit more for additional services such as lawn mowing, garden maintenance, or house cleaning. Your tenant will be happy not to have to do it or search for a reputable service.

You can negotiate fees for the services with local businesses. Or, family members might provide some of the services. If you do the job yourself, such as mowing the lawn, it provides the added benefit of making you visible.

For renters, this added service may be the difference between choosing your property or the one down the street.

#3: Consider Furnishings

Not everyone needs a furnished unit, but if they do, providing that option not only focuses on the needs of the market but improves your profits. Wherever possible, utilize permanent furniture – less movement equals less damage.

You can purchase excellent used furniture at a fraction of the cost of new. Not only can you charge a bit more for rent, you can also charge a higher security deposit for a furnished unit.

One drawback, however, is that tenants who rent furnished units tend to stay for shorter periods of time.

#4: Be Creative

To make your property more desirable, you need to think outside the box. In what creative ways can you be of better service to tenants? Can you provide extra storage space? Everybody has more stuff than they have room for. And everybody hates to part with their stuff. Providing a safe place to store that stuff is a real plus.

What about parking? If you have extra spaces or a garage space, a safe place to put a car could mean a great deal to a tenant.

#5: It’s a Business

You are providing an invaluable commodity to your tenants – a home. So, while you want to be friendly and caring, it is still a business.

Provide professional documents. Give your tenants a telephone number (not your personal one) where they can reach you at all times. Be prompt in returning calls and taking care of problems. Get proper insurance. Provide for electronic payments. Enforce a late policy.

As a professional and attentive property owner, your tenants know that you take pride in the service you provide. When you give both value and service, you will have happy tenants and desirable units that ultimately make your rental properties more rentable.

For more tips to make your rental property more rentable or to learn about our Marietta professional property management services, get in touch with the team at Vineyard Property Management today.

Kitchen Maintenance Tips

Top 5 Kitchen Maintenance Tips

By | Property Management Company | No Comments

Kitchen Maintenance TipsNeed some kitchen maintenance tips? The kitchen is arguably the most used room in a home. Some even call it the “heart” of the home. Everyone seems to congregate there. Keeping it clean and fresh can be challenging. Here are five handy tips to help you keep your kitchen sparkling:

1. Clean the Sink

The kitchen sink is probably the most used item in the kitchen. Keeping it clean will make every other kitchen job easier. Be sure to empty both the sink and the dishwasher before starting the day. When you begin to cook, fill the sink with warm soapy water and clean up as you go. The entire job goes so much faster.

Last thing in the evening, add a little dish soap to a damp sponge and give the sink a quick cleaning – including faucets – so it is sparkling for the next morning.

2. Take Control of the Trash

You may find it wasteful to take out a partially full bag every day, but it depends on what is in it. When you have food or wet items in a trash bag, it may need to go out more often. If it takes longer to fill a bag, you might just need to take it out every few days.

If you separate trash and recycling, be sure the containers are large enough to hold everything.

Clean your trash cans with warm soapy water or disinfectant every few weeks. If you don’t have a hose available, wash them out in the bathtub.

3. Clean Countertops

Clutter, even pretty clutter, makes it harder to clean the countertops. Find a new home for the knick-knacks and use warm soapy water to clean up every day.

For various stone countertops, no special cleansers are required. In fact, you shouldn’t use harsh cleaners. If the stone is properly sealed, just wash with a little dish soap and water and wipe with a dry cloth to maintain the beautiful shine.

4. Sweep the Floor

All those crumbs and drips end up on the floor. Not to mention dust/dirt from outside or pet hair. Sweep the floor daily to capture all the debris.

5. Once a Week

Every week, mop the floor, sanitize sponges, change the kitchen towels, and clean the inside of the microwave oven. Use a white vinegar and water mixture in a bowl. Heat in the microwave for 5 minutes and wipe down with a sponge. To sanitize the sponge, soak in white vinegar for 5 minutes.

Despite the extensive use the kitchen gets, keeping it clean and sanitary doesn’t have to be a big job. Stay on top of it by following these simple kitchen maintenance tips regularly for a kitchen you’ll be proud of. Contact our team at Vineyard Property Management today for more tips to keep your property in great shape.