Deciding to place your house for rent is an excellent idea. During a difficult time, you have to use whatever means available to earn money. If you have an extra house, you can find someone to rent it. There are plenty of potential tenants, especially those who want a change in the environment.
Apart from finding the right people, you have to consider renting the property out at a higher price. Home improvements might be necessary to justify the price tag.
Repaint the walls
Repainting is one of the most expensive home improvements. The good thing is that the property will look as good as new. No one will know that it’s been someone else’s residence for years. Find refreshing colours to entice more tenants. Use neutral tones since you don’t know the personality of the potential tenants.
Add a selling point
There should be one feature that will make someone decide to close the deal right away. A bathtub in the shower room is a good idea. It’s relaxing, and anyone who searches for a house would be glad to find a tub. You can also choose to install fitted bedrooms. When the bedroom has plenty of closet space, it’s good enough for many people. Despite the expensive price tag, you can find potential tenants.
Take great photos
Some people will begin their hunt for a new place to rent online. They will do it before requesting to view the property. It helps if there are enticing photos available online. You don’t need to airbrush them to look better. Just use the right camera and take pictures from a good angle with perfect lighting. During the home viewing, the potential tenant will think that the place looks exactly like the photos.
Compare the prices of other properties in the area
Even if you have a presentable and attractive property, you will still find it hard to get a tenant if it is too expensive. You can compare the price with other properties for rent in the area. You will know the average rental cost, and you won’t go beyond those figures. You don’t want to turn off anyone who likes the property, but believes you’re overpricing.
Focus on your target audience
If you have a huge house with lots of bedrooms and bathrooms, you’re probably targeting families. Therefore, you should highlight the family-friendly features of the house. Focus on how safe the neighbourhood is when advertising the house.
If you only have a small place that could work for people staying alone, let them know that the place is private. No one can bother them, and even the next-door neighbours aren’t loud. Determine what can make them close the deal based on general interests and priorities.
After preparing your house, you can focus on advertising it using various platforms. It won’t take much time before you can find a tenant who will sign the deal right away.
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