Filling your rental property with great tenants is about being selective in your renting process and standing out from the competition. Along with going digital and requesting online rental applications, you should also look for ways to update your property to attract more renters.
Keep in mind that every update you make should aim to raise the resale value. Here are a few updates that will do just that while attracting new tenants.
Change the Window Treatments
Most renters want the best value possible for their money. They’ll factor in the rent price, quality of the property, and other factors such as utility costs when deciding on an apartment. If you can advertise that your well-priced, quality property also has very low utility costs, you’ll do well against the competition.
One of the most effective improvements you can make for lower utilities is better window treatments. Depending on the interior or exterior treatment you use, you can reduce heating- and cooling-related energy costs by up to 65 percent.
Venetian blinds are cost-effective, but they’re not the most efficient method of trapping HVAC-controlled air inside where it belongs. Instead, go for something more heavy duty and long-lasting, such as indoor shutters. Their classic wood composition is visually appealing and thick enough to prevent air from leaking. There’s a great selection of plantation shutters in Melbourne that’s priced right for your rental property.
You might also try drapes, exterior awnings, blackout shades, and other heavy-duty treatments that will shield your home from the sun and prevent leaking air.
Smart Home Features
The landscape for attracting renters and raising your resale value on a property is changing. Now, renters and buyers alike want to see more smart home features in the properties they inhabit.
However, not all smart technology will raise your … Read the rest ...