Some house renters are probably not satisfied with their living conditions that they would search for better properties for rent or maybe they had an increase in their income and can afford a more luxurious home.
As a landlord, you may have an opportunity to give them the home that they want and provide the luxuries that can appeal to them, to convince them to rent from you. Adding new features could also cause the value of your property to increase and you can charge a higher rental fee compared to other properties with fewer amenities.
What can you add to make your properties more inviting? Creating your listing at Padleads greatly increases your listing’s visibility since you can publish them to well-known rental websites for potential tenants to see, but what features should you highlight in your listing in order for it to stand out?
• Property location
Your property’s location is one of the first things a potential tenant would check. An area surrounded by establishments can be an advantage to you since you can charge a higher rental amount. It will also be alluring to your future tenants if leisure spots like shopping malls and restaurants are accessible to them.
• Open Floor Plan
A tenant will most likely appreciate an open floor plan which would make the unit seem bigger and not too claustrophobic. Too many walls can take up a lot of space, which could be utilized for a lot of more useful furniture or appliances instead.
• Upgrades
When you upgrade your property, it will give off a newness vibe that can attract tenants. It will appear like a brand new unit and not suffering from wear and tear or major damages. It is normal for people to choose a newer unit because it has not been overused.
• Appliances
Investing in appliances, particularly stainless steel ones, can offer convenience and comfort. Consider the whole aesthetic of your property and do not just put anything you want. You have to match your appliances to avoid it being an eyesore.
If you cannot afford the high-end appliances, you can opt for something more affordable but still with good quality.
• Parking spaces
Some tenants will prefer if your property has a space for their cars. You might rent out to a family with children who most likely will have a vehicle for them to get around because they would need to drive their kids to school and get to work. Having a parking space that is available for them anytime is a huge plus.
• Storage
Having a separate area for storage is also a good add-on. Other tenants will have too much stuff with them that they will need another space to store their excess items. You can even charge an additional storage fee for this.
This doesn’t have to be a huge structure. You might have an extra cabinet or even an empty shed that they can use. It will be a huge help for them to avoid unnecessary clutter without them needing to get rid of items that may be significant to them.
• Laundromat
Having to do the laundry is kind of a tedious chore and not everyone is too keen to do it. Laundromats are usually located in a different area and it adds to the inconvenience of washing clothes in a laundromat located a few blocks away. Why not help them dodge the hassle to haul a lot of their clothes by having a laundromat inside your building? They would be thankful for the accessibility of it.
• Outdoor area
An outdoor area can be used for a lot of things. Your tenants would consider it an added attraction if they can have a place for grilling or somewhere they can relax and breathe fresh air.
Especially now in the time of a global health crisis where people are advised to stay home, having an outdoor idea can be very beneficial to your tenants.
• Air conditioning
Specifically, central air conditioning. If your property is located in an area where warm weather could reach extreme temperatures, then you can attract more tenants to rent your units.
• Natural lighting
Tenants would want their home to be pleasant and bright. Nobody would want to stay in a gloomy house, deprived of sunlight. Not only does sunlight make your units look more inviting, but it can also be beneficial in other ways. It can emanate a positive vibe that could motivate your tenants to be productive. It would also save you a lot of money on electricity bills.
These are just some examples of the amenities that you can add to your property or the amenities you can look for when investing in a property. You might have to shell out a larger amount of money but having these perks will also be a good reason for you to charge a higher rental fee.