Bringing in quality tenants is a property owner’s top priority. While every renter will be aiming for a property that matches their particular needs, there are a few features of single-family rental homes that consistently rise to the top of a prospective renter’s wish list. Knowing what tenants want, and which features are going to help your rental homes attract the type of renters you want, can help your Washington DC rental properties stand out, even in a highly competitive market.
Maybe the first and most obvious component of an appealing rental home is a property that is clean and in good repair. When a rental home has signs of continuing maintenance and updated features, tenants see an owner who cherishes their property. When it comes time to request repairs or maintenance, interested renters will connect a cared-for home with a landlord who is likely to efficiently respond to their needs.
Another important element that potential renters desire in a single-family rental home are updated appliances. The kitchen is an important space in a single-family home because people usually spend a lot of time there. Part of enjoying their home involves having updated kitchen appliances for quality family mealtime.
Location is always an important part of real estate investing, but what makes a location good? Homes that are in high demand are located within convenient distance to parks, schools, restaurants, and other typical venues. While the location is an element wherein you don’t have a lot of control over, it is important to note amenities nearby and make sure these are listed in your marketing materials.
Along with location, potential tenants are virtually always looking for space. Space for a family, a hobby, storage, parking, and maybe even a pet. One thing that a property owner can do to entice quality renters is to make certain that their Washington DC rental homes have attractive, easy-to-maintain yards. Gatherings and other activities are a huge part of daily life, and a property that offers adequate space for these things will hold more interest to people hoping to rent a home.
Another important component that can help in filling vacancies and retain tenants long-term is including a pet clause in the lease that allows renters to have approved animals on the property. People love their pets, and single-family homes that are more welcoming to pet lovers will always be appealing.
Some more things that a property owner can do to boost the appeal of their rental homes to quality renters is providing laundry hook-ups and, in places in warmer climates, central air conditioning. Laundry is a part of family life, and room for a washer and dryer is needed for you to attract a long-term quality tenant to your single-family rental home. Furthermore, air conditioning is necessary for warmer climates. Renters typically decide to go for one rental home over another simply because of reliable air conditioning.
With Real Property Management DC Metro, property management experts make ensuring your rental property brings in and keeps quality tenants easier. We deal with maintenance, provide rental rate assessments, and aid you in filling vacancies efficiently and quickly. Do you want to learn more? For more information, please contact us online or call us at 202-269-0303.
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