Renting your property is a competition in a tough real estate market. Here’s a graphic and post that will help you make your rental property more rentable.
You’re renting your property for the first time, or you’re trying to re-think the way you manage a rental property. Maybe you’re leaving the country for a while and you need to keep your home occupied, or you’re just trying to make that second property you’ve got work for you in a more efficient way. Maybe you’re entering into the new world of AirBnB or other short-term rental platform.
In any case, it can be tough out there to drum up interest, and to keep continuity of revenue on your property. The market is getting bigger and bigger with more and more options for potential renters, so you want your property to stand out in some way to keep things going. So, what’s the secret to success?
Take a look at the below graphic based on a piece we published a while back all about the wonderful, and sometimes kind of scary, world of renting a property and how to make sure yours is ready for it, giving you the best chance of making your property work for you.
Have you ever rented out your property, or a suite in your property? What were some of your questions starting out that you wished you’d asked yourself before putting your property on the market?
What improvements have you made to your property that you feel really made a difference in attracting the right tenants?
As a tenant, what are some of the key improvements and features would you say are mandatory to your A-list of prospective properties?
Tenants: what are some red flags that make you cross properties off of your list?
Tell us all about it in the comments section!