As a single-family West Covina rental property owner, it’s expected to seriously consider what renters are on the lookout for. Because when all is said and done, if you understand what renters truly want, you can more promptly know what, if anything, your property might need to attract those higher-paying tenants. Even supposing different renter demographics are seemingly looking for different features, there are certain things that tenants across the country generally yearn for in their rental homes. We’ve set up a list of the most commonly requested items: take a look and consider how well your West Covina rental property measures up!
1. Location
Sure, it’s not something you can change or what, but it’s been known that the top feature that successfully attracts renters is the right location. This may include proximity to parks, public transit, and shopping centers for single-family rental homes. It may even point to a safe and awesome neighborhood.
2. Safety
Generally, without a doubt, tenants wish to feel safe in their rental homes. Though a lot of the relative safety of your property is contingent on the location, there are other ways that you can spruce up your property’s security features. Premium quality exterior doors, sturdy locks, and an alarm system can all make a world of difference toward supporting your tenants to feel safe and sheltered.
3. Convenient Payment Options
Added to safety, tenants similarly want to pay their rent easily and with comfort each month. One thing that renters go after is whether the landlord offers secure online payment options. By choosing to provide convenience to your tenants, you can not only make paying the rent easier but are, in all probability, to get it in full and on time each month, as well.
4. Move-in Ready Condition
Many property owners will start showing a property even when cleaning and repairs have not been completed but be aware, that is a big turn-off for plenty of renters. But the fact of the matter is, most renters aspire to find a rental home that is move-in ready. Whenever possible, try to do as much of your property maintenance and repairs as you can just before setting up showings. This will seriously increase your chances of renting it to a new tenant right away.
5. Appliances
If your West Covina rental home doesn’t already include appliances, you might seriously think about installing them. Appliances are a big draw for plenty of renters who don’t want the expense and fuss of acquiring their own. This is also the case for old appliances – few tenants like to battle an old, broken-down stove or dishwasher. With a set of nice quality, mid-grade appliances, you could greatly increase interest in your rental house and make locating your next tenant easy and hassle-free.
6. Upgrades
If your rental house hasn’t been updated in a while, the eventualities are that it is behind the curve. But granting that you should regularly update countertops, appliances, faucets, and light fixtures, modern renters are, moreover, really interested in newer, tech-friendly upgrades. Smart thermostats, video doorbells, and multiple USB outlets are popular features a lot of renters are desiring.
7. Outdoor Space
Modern renters opt for a certain quality of life, as well as space for gatherings. If your West Covina rental has limited inside space, one way to make it more pleasant to renters is to set up a nice outdoor gathering space. Simply providing a comfortable patio or deck can make a major contribution to your capacity to draw in nice renters!
8. Flexible Lease Options
For some tenants, life can be fairly changeable. Although a lot of property owners would rather extend only long-term leases, many otherwise ideal renters will be turned away by such a lack of options. On the contrary, look into offering different lease lengths or other options. This may captivate a wider range of tenants, ones less expected to break their lease after a certain number of months.
9. A Responsive Landlord
Lastly, among the most necessary things renters want in a rental property is a responsive, professional landlord. Successful rental property management is greatly based on the landlord-tenant relationship, making it all the more critical to make certain that you communicate openly and often with your tenant and respond swiftly to repair requests.
Indeed it is true, property management takes a lot of time and effort to do efficiently. Why not consider entrusting your West Covina property management to the experts at Real Property Management Fairmate? We can actually help you 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 626-691-9749.
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.
