Monday, June 25, 2012

Property Management - Renting your house!

Property Management: Renting Your House

In case you are the owner of a property that you wish to rent to an interested prospective tenant, you have to decide which would be the best way to make your rental property most appealing to potential renters. Real estate agents support that there are several ways in which this can be done.

- There is always the solution of furnishing your rental property. Many landlords decide that this is the best possible way to increase the rental agreement on their property and if they do have furniture in excess, it is actually a convenient way to store them and make profit from their use by the tenant.

In case this sounds like something you would be interested in doing, you have to make sure that your rental property is in excellent condition and that the phone jack on the wall and other appliances are in perfect shape.

- There is also the option of partly furnishing your property. This method will appeal to renters who are interested in finding a house that is not packed with furniture that do not match and that they want to bring in some of their own.

But it is always a good idea to offer a nice quality couch, bed, mattress, drawers and kitchen appliances. Nice looking furniture will make your property much more appealing to potential renters and will help you securing the rent you wish to receive every month.

- Do not forget that your property has to be shown to its potential residents clean. Everything has to be as clean as possible and especially the kitchen appliance, cupboards along with the bathroom have to be in great shape. Consider hiring a professional team to do the cleaning and remember that in most cases, providing a clean apartment is among your responsibilities as the rental's lawful owner.

- Repair ceilings, kitchen cabinets, existing wallpaper, closets and doors. Make sure your contractor will take care of your bathroom damages and ask him to replace the bathroom tiles that have been damaged by the previous tenants or owners. Installing a new bathroom curtain and brand new hooks can further assist your efforts of renting it at the price range you have in mind.

- Repaint with the right light colors the walls of the residence and get rid off difficult to handle paints.

- Increase the existing lighting and replace old blinds with bright new ones.

- Take care of the things the previous owner or tenant has left inside the house and if you are thinking of using some or all of them to furnish the house make sure you write down what you are leaving in there and what type of furniture are missing and your tenant wil probably request you to supply.

- Shampoo carpets and for deep cleaning that helps reduce the allergens and the odors caused by dust mites, pollen, dust and pet dander. It generally advisable to deeply clean your carpets so as to brighten and deodorize their surface.

by: BMA Editorial Team 3 
Reference http://property-management.bestmanagementarticles.com/a-42891-property-management-renting-your-house.aspx


Post by Joanne Vanderhoef
Marketing and Media Specialist

The Management Group
Property and HOA Management in Vancouver WA and Portland OR
http://www.TMGnorthwest.com

14 comments:

  1. This comment has been removed by the author.

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    Replies
    1. Yes,Now a days its so easy to get house for rent. There are so many real estate agents are working in property management. So agents can be easily give house for rent. So we can easily get the house to rent.

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  2. As long as there is real estate, there will be a need for a good Property Manager. Read what a Property Manager does, what you need to be a success in the profession, and how to grow into this promising career.

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  4. Thank you for sharing valuable information. Nice post. I enjoyed reading this post. The whole blog is very nice found some good stuff and good information here Thanks..Also visit my page Rental House Accountant Rental Accountants aims to make your rental property accounting process easy

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  6. What exactly does a property management company do? I've been looking into the possibility of hiring one to help with my properties. I'd like to know a little more about what all they do first. Where would be a good place to learn about them?
    -Seamus | http://www.synergystrata.com.au/facilities-managment.html

    ReplyDelete
  7. However there are many benefits associated with residential real estate but managing this property can be a tough task. In addition to rent collection, day-to-day maintenance of a rental property can be tiring and if you don't have a plan or help of a professional you would realize that managing a property can really take the toll off you. However, you can ease your burden by taking the help of a real estate property management company that would by all means manage property on your behalf. property management phoenix

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  8. I was wondering the same thing Seamus. My family out of state for a few years, but I don't want to sell my home. Renting the home while we are gone should help take care of payments. http://www.remaxss.com.au/index.cfm?pagecall=content&contentId=109932&menuItemID=104070

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  10. Bob, I finally just called a management company and asked them what all they would be in charge of if I hired them. They said that most property management companies are in charge of collecting rent, maintaining the property, and things like that. Now that I know that I'm going to get a management company to help me.
    -Seamus | http://www.rmprop.com/residential-property-management-washington-dc/

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  11. A poor choice of a management company can create headaches of its own.

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