One of the last things that an investment property owner wants is an empty unit that isn’t producing any incoming cash flow. That’s because, every day that goes by, revenue is being lost. So, how can you make your rental property stand out and be more attractive so that potential tenants not only notice it, but know right off the bat that they’d like to live there?
The good news is that there are several ways to do this – starting with the exterior of the property and increasing its curb appeal. This can easily be accomplished by raking, mowing, and de-cluttering the yard.
Also, make sure that and trash bins are out of sight. You could even go so far as to plant some flowers in order to add color and contrast. Oftentimes, washing the windows – both from the inside and out – can make a property much more attractive.
On the inside, a fresh coat of paint can do wonders, as can clean – and matching – cabinet and drawer handles, and newer, more efficient faucets in the kitchen and bath(s). If your rental comes with appliances, make sure that they have been checked out, and are in good working order.
Managing and maintaining rental property can require a lot of work. So, if you don’t have the time, or the desire, to take on tasks like upkeep and ongoing maintenance, as well as marketing and screening possible new tenants, it might be time to consider working with a property manager.
Doing so will allow your investment(s) to run smoothly, while you are able to focus on other things. If you own rental units in Orlando and / or the surrounding Central Florida locale, just give us a call for more details on how partnering with a property management team can work for you.