Attracting quality tenants is a property owner’s highest priority. While every renter aims for a property that suits their particular needs, there are some features of single-family rental homes that consistently go to the top of a prospective renter’s wish list. Knowing what tenants want, and which features are going to help your rental homes attract your desired type of renters, can help your West Allis rental properties stand out, even in a highly competitive market.
Perhaps the first and most apparent feature of an attractive rental home is a property that is clean and in a good state. When a rental home bears signs of ongoing maintenance and modern features, tenants see an owner who cherishes their property. When the time comes when they ask for repairs or maintenance, interested renters will connect a cared-for home with a landlord who will probably handle their requests efficiently.
Another important feature that potential renters want in a single-family rental home are updated appliances. The kitchen is an essential space in a single-family home since people typically spend lots of time there. Part of enjoying their home is having updated kitchen appliances for great mealtimes with the family.
Location is always an important aspect of real estate investing. Nevertheless, what makes a good location? Homes that are in great demand are usually those located within convenient distance to parks, schools, restaurants, and other standard spots. While the location is one element where you don’t have a lot of control, you should take note of amenities nearby and make sure that these are included in your marketing materials.
Together with the location, potential tenants are typically always looking for space. Space for a family, a hobby, storage, parking, and maybe even a pet. One thing that a property owner can do to attract quality renters is to have good-looking and easy-to-maintain yards in their West Allis rental homes. Gatherings and other activities are a significant portion of daily life, and a property that has adequate space for these things will appeal more to people wanting to rent a home.
Another important component that can help in filling vacancies and retain tenants long-term is having a pet clause in the lease that allows renters to have approved animals on the property. People love their pets, and single-family homes that are more welcoming to pet lovers are always appealing.
Other things that a property owner can do to boost their rental homes’ attractiveness to quality renters is having laundry hook-ups and, in warmer climates, central air conditioning. Part of family life is laundry, and space for a washer and dryer is an absolute requirement to attract a long-term quality tenant to your single-family rental home. Moreover, air conditioning is needed for warmer climates. Renters often opt for one rental home instead of another simply because of reliable air conditioning.
At Real Property Management Greater Milwaukee, property management experts make ensuring your rental property brings in and retains quality tenants easier. We take care of maintenance, provide rental rate assessments, and help you quickly and efficiently fill vacancies. Would you like to learn more? Please contact us online or call us at 262-309-6961 for additional information.
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