So you bought an investment property: That’s awesome but is your home actually ready to hit the market? There are a lot of things to consider when getting ready to list your home to rent.
Get great coaching for maximizing your rental potential:
First thing first, meet with your Property Manager. Do a walk through the home and narrow down what needs to be done, fixed or added that will make your listing stand out. You may think you need to make a ton of renovations, but you don’t want to have a luxury interior if it won’t pay off in the end. Our Property Managers are very in tune with the market. They can tell you what renters are looking for and what will be the best actions to take.
Curb Appeal Matters
One place to start when getting a property ready to rent is outside. This will be the renters first impression of the home. We can’t choose our neighbors but making sure your yard is in tip top shape and really stands out. Here are some great places to start:
Mowing & Weeding
Plant some Color
Power wash exterior, sidewalks, driveways
New paint
Repairs & Upgrades
Kitchens and bathrooms carry the highest return and should be on the top of any renovation list, but there are small steps that can make an impact. Renters look with their eyes first so consider small projects like fresh blinds, a new light fixture, neutralizing colors & replacing worn carpet.
You want your rental property to appeal to the masses, so keep it simple. Be sure to consult with your Property Manager before making any extreme renovations.
Marketing
Let’s find a renter! We will market your property in various ways to find a qualified Tenant. A Liz Moore & Associates’ rental sign is placed on the property and listings are entered into the local MLS system. This computerized system is available to 99% of the Hampton Roads real estate offices to ensure your property is available to other agents to show.
Our available properties are featured on lizmoorerentals.com, and in our exclusive digital magazine, which is sent out to local agents as well as prospective tenants. Your listing is also listed with Realtor.com, Zillow, Trulia, hotpads.com and various other internet websites.
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