Tips for renting your property

Renting a property is just as important as selling a property. To ensure you receive the maximum return on your investment you need to attract the best tenant for the best possible price. Here are some useful tips to follow when getting your property ready to put up for lease.

Is your property presented in the best way?
Prospective tenants are the same as prospective buyers – they will be more attracted to a well-presented property. A tidy, well-styled home can make all the difference when it comes to photographs and attracting tenants though online listings. De-clutter your house to make space appear larger and ensure you’ve done a good spring clean to get your place in tip-top condition.

How can you add value?
A fresh coat of paint, new carpet, blinds and light fittings can really freshen up your property without breaking the bank. Adding extras and minor additions such as a dishwasher and air-conditioning can allow you to up the rent and keep your tenants happy. It’s worth exploring how and where tax deductions can apply to renovations to your property. If the kitchens and bathrooms are well outdated, doing a simple renovation can make a huge difference in the value and desirability of your home. It can be quite affordable, but it’s worth doing a cost-benefit analysis to ensure you can recoup your initial outlay.

What can you do to improve first impressions?
First impressions start from the first sight of your property. Many people looking for rental accommodation will not even inspect the property when it looks poorly presented from the outside. A neat entrance and well-maintained lawn and gardens will enhance street appeal and leave a positive first impression.

Is everything in working order?
Make any necessary repairs to your home to ensure your home is in the best possible condition. A small repair or some maintenance now could save you a bigger problem in the future.

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