7 Tips For Increasing The Income From Your Rental Property
Are you searching for ways to increase the value of your rental property? If so, you’ve come to the right place!
In this article we will provide you with 7 tips you can use for increasing the income from your rental property.
#1 – Have Your Rental Property Professionally Cleaned
Before listing your Property for rent it’s important to have it professionally clean since prospective tenants will be searching for a rental property that’s clean and looks like nobody has lived there before.
#2 – Invite Everyone to See Your Rental on the Same Day and Time
One of the great things about owning a Property is that you can create demand for your rental just like you would with any other product by inviting potential renters to show up on the same day and time to view your rental.
When renters start seeing that there are potentially other people interested in the same property this will create a demand and cause prospective tenants to fill out their renal applications sooner, get their deposits ready and be prepared to show a serious interest in the rental property.
#3 – Paint the Front Door To Your Modesto Rental Property
Last of all, but most important things you can do to increase your rental property income is to paint the front door to your property.
This will create a positive first impression in the minds of potential tenants when they see that your property is fresh and inviting.
4. Focus On Improving Curb Appeal
Improving the landscaping by adding new flowers or reseeding the lawn to your property will help your property to more appealing to prospective tenants and update the value of your property as a whole.
5. Add High Tech Utilities
Consider adding a smart thermostat, WiFi enabled light bulbs, door bell camera and a smart fridge.
6. Update Lighting
Get rid of those old brass light fixtures from the 1990’s and any fixture in your property that makes it look a lot older than it is.
7. Replace The Doors Inside Your Rental Property
Older doors can date a property, consider replacing them with newer doors that offer texture and character.
Contact RPM Central Valley
For more information about the property management services we can offer you, contact us today by calling (209) 572-2222 or click here to connect with us online.