The real estate market has shifted, and many people are stuck with homes that they thought would sell quickly.
Thankfully, instead of having your home sit vacant for weeks or months, you can rent that property out and earn income from that property until you choose to list your house for sale again.
Here are several tips which will ensure that your home is in "rent-ready" condition.
Tip #1 – Hire A Professional House Cleaner
One of the most important things to do before renting your home is to have it professionally cleaned.
This is essential because prospective renters hate dirt, and if they find a dirty corner of your property, they may think that the property hasn’t been maintained.
Thankfully, you can easily have your property cleaned in a couple of hours and ready to show.
While your home is being professionally cleaned, you should also determine if the floors or carpets in your home need cleaning as well, or if they should be replaced.
Tip #2 – Assess the Condition of The Home
Does your home have little things that need to be repaired or replaced?
From a leaky faucet to squeaky doors, it’s best to take the time to do an assessment of the condition of your home.
During your assessment of the property, it’s best to also consider replacing your appliances, including the dishwasher, fridge, or stove, if they are more than 10 years old, because older appliances date a property and can be very costly to repair.
Besides making repairs and adding new appliances, you will also want to paint the inside and outside of your home where it’s needed because a fresh coat of paint will also help the home look cleaner and ready to be shown.
Tip #3 - Make Curb Appeal Improvements
From the moment that prospective tenants drive up to your property, they will think that it’s either pleasant looking or "scary" due to the curb appeal of the property.
If it’s been a while since you paid attention to the front yard of your property, it’s a smart choice to hire a gardener who will maintain the landscaping and plant new flowers where needed.
During the curb appeal improvements, another smart thing to do is to rent a power washer because you can use the power washer to clean dirt or debris from the driveway/walkway in front of your home.
Last of all, but most importantly, you will also want to contact your mortgage lender and insurance company to let them know that you’re going to be renting your property out because there may be additional paperwork for you to fill out before you can list your property for rent.
Contact GoldenWest Management
At GoldenWest Management, we save owners the time, money, and hassle of managing their properties themselves.
Our team specializes in all aspects of property management so you can earn passive income from your rental property.
To learn more about the services that we can offer you, or to get a property management quote, contact us today by calling (866) 545-5303 or click here.