Attracting great tenants is a property owner’s highest priority. While each renter will want a property that meets their specific requirements, there are a couple of features of single-family rental homes that will always jump to the top of a prospective renter’s wish list. Understanding what tenants are looking for, and which features will help your rental homes bring in the kind of renters you want, can help your Big Rapids rental properties stick out, even in a highly competitive market.
Probably the first and most obvious feature of an attractive rental home is a property that is clean and in good condition. Tenants see an owner who cares about their property when a rental home shows signs of constant maintenance and updated features. When it the time to ask for repairs or maintenance comes, interested renters will relate a cared-for home with a landlord who is likely to quickly respond to their needs.
Another essential feature that potential renters want in a single-family rental home is up-to-date appliances. The kitchen is a crucial area in a single-family home because people typically spend plenty of time there. Part of enjoying their home is having updated kitchen appliances so as to have quality mealtime with the family.
Location is always an important factor in real estate investing, but how do you know it’s a good location? Homes within convenient distance to parks, schools, restaurants, and other typical venues are highly sought after. While the location is one factor over which you might not have much control, it is important to consider nearby amenities and make certain these are listed in your marketing materials.
Together with the location, potential tenants are usually 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 bring in quality renters is to have good-looking and easy-to-maintain yards in their Big Rapids rental homes. Gatherings and other activities are a significant part of daily life, and a property that has enough space for these things will appeal more to people aiming to rent a home.
Yet another valuable aspect that can help fill vacancies and retain tenants long-term is having a pet clause in the lease, permitting renters to keep approved animals on the property. People love their pets, and single-family homes that are willing to accommodate pet lovers will always have appeal.
Other things that a property owner can do to make their rental homes more attractive to quality renters is offering laundry hook-ups and, in places with warmer climates, central air conditioning. Laundry is a part of family life, and an area for a washer and dryer is necessary if you want to bring in a long-term quality tenant to your single-family rental home. Air conditioning is also needed for warmer climates. Renters usually pick one rental home over another just because of reliable air conditioning.
At Real Property Management Investment Solutions, our team of property management experts helps ensure that your rental property attracts and retains quality tenants. We handle maintenance, offer rental rate assessments, and help fill vacancies swiftly and efficiently. Would you like to find out more? Please contact us online or call us at 616-419-8880 for further information.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.