As a single-family Morrisville rental property owner, it’s normal to think about what renters are searching for. Because, in the end, if you discover what renters desire, you can more rapidly see what, if anything, your property might need to attract those higher-paying tenants. Although different renter demographics are possibly attracted to quite different features, there are some things that tenants across the country are usually looking for in their rental homes. We’ve created a list of the most commonly requested items: take a look to perceive how well your Morrisville rental property measures up!
1. Location
Sure, it’s not something you can alter, nevertheless, the top feature that attracts renters is the right location. This may mean proximity to parks, public transit, and shopping centers for single-family rental homes. It may likewise denote a safe and delightful neighborhood.
2. Safety
Largely, tenants have to feel safe in their rental homes. But certainly, while the relative safety of your property relies on the location, there are other effective ways that you can improve your property’s security features. Excellent quality exterior doors, sturdy locks, and an alarm system can all make a big difference in enabling your tenants to feel safe.
3. Convenient Payment Options
Besides safety, tenants additionally want to pay their rent easily and with ease each month. One thing that renters search for is whether the landlord offers secure online payment options. By providing convenience for your tenants, you can not only make paying the rent easier but on top of that, are definitely more likely to get it in full and on time each month, additionally.
4. Move-in Ready Condition
Several property owners will begin showing a property before cleaning and repairs have been accomplished, though that is a big turn-off for various renters. Rather, many renters prefer to find a rental home that is move-in ready. If it is possible, try to accomplish as much of your property maintenance and repairs as you can prior to setting up showings. This will substantially increase your chances of renting it to a new tenant right away.
5. Appliances
If your Morrisville rental home doesn’t already have appliances, you might think of installing them. Appliances are a big draw for a lot of renters who don’t like the expense and bother of obtaining their own. The same applies to old appliances – few tenants are looking to battle an old, broken-down stove or dishwasher. With a set of great quality, mid-grade appliances, you could greatly increase interest in your rental house and make finding your next tenant really simple.
6. Upgrades
If your rental house hasn’t been updated in a while, the probabilities are that it is behind the curve. Even supposing you should regularly update countertops, appliances, faucets, and light fixtures, modern renters are mostly attracted to newer, tech-friendly upgrades. Smart thermostats, video doorbells, and a lot of USB outlets are popular features several renters are inquiring about.
7. Outdoor Space
Modern renters require a certain quality of life, especially space for gatherings. If your Morrisville rental has limited inside space, one way to make it more attractive to renters is to make a delightful outdoor gathering space. Merely incorporating a comfortable patio or deck can add great value to your capability to invite fine renters!
8. Flexible Lease Options
For the majority of tenants, life can be rather uncertain. Though various property owners would rather give only long-term leases, many otherwise good renters could be turned away by such a lack of options. Instead, take into account granting different lease lengths or other options. This may attract a wider range of tenants, ones possibly less likely to break their lease after just a few months.
9. A Responsive Landlord
One last note, classified among the most essential things renters want in a rental property is a responsive, professional landlord. Successful rental property management is greatly built upon the landlord-tenant relationship, making it all the more necessary to be certain that you communicate frequently and often with your tenant and respond easily to repair requests.
Indeed, property management takes a lot of time and effort to do correctly. Why not consider entrusting your Morrisville property management to the experts at Real Property Management Excellence? We can assist you to maximize the appeal of your rental property while also managing tenant relations for you, freeing up your time for other things. Contact us online or give us a call at 919-827-1107.
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.
